股价异动后神剑股份连发三份《股票交易异常波动的公告》，称目前经营情况及内外部经营环境未发生 重大变化、不存在应披露而未披露的重大事项、不存在违反信息公平披露的情形。 神剑股份股价异动原因或为，公司有商业航天、低空经济、机器人、北斗导航等热门概念加持。股价暴 涨前一日，公司在互动平台回应相关业务。 神剑股份有两大主营业务——化工新材料及高端装备制造。公司主要从事粉末涂料用聚酯树脂系列产品 及其原材料(新戊二醇)、高端装备制造配套系统的研发、生产和销售。公司现有年产各类聚酯树脂22万 吨的生产能力，产品包括户内、户外、PU三大聚酯系列100余只产品,致力于为全球用户提供一体化解 决方案。 12月17日，即神剑股份此轮行情开启的前一日，有投资者在互动平台提问："彩虹7为航天科技集团旗下 生产，神剑股份是否与航天科技集团有业务往来，彩虹7具有隐身功能是否和神剑股份的技术有关联？" 对此神剑股份回应称，公司高端装备制造板块主要客户包括航天科技集团，为其提供主要产品包括卫星 天线、反射器，以及无人机等装备机加件。公司无人机业务主要是利用钣金及复材加工制造能力，根据 客户需求对无人机体和零配件提供加工制造和配套服务。年报显 ...

Core Viewpoint - The Shanghai Stock Exchange has released guidelines to support commercial rocket companies in listing on the Sci-Tech Innovation Board, marking a significant step for China's commercial space industry as it seeks to enhance its competitiveness and technological capabilities [1][2]. Group 1: Guidelines Overview - The guidelines consist of 14 provisions focusing on four main areas: technological advantages, phased achievements, necessary approvals from relevant authorities, and significant market potential [2]. - The guidelines emphasize the importance of "hard technology" attributes for companies, requiring them to have relevant qualifications in research and manufacturing, and to obtain launch permits before commercial rocket launches [3]. - Companies must demonstrate significant technological advantages and have achieved specific milestones, such as successfully launching a reusable medium to large rocket payload into orbit [3][4]. Group 2: Industry Context and Support - The guidelines aim to enhance the inclusivity and adaptability of the capital market, supporting the development of commercial rockets as a key component of China's space industry [2][6]. - The commercial space sector is seen as a vital force in advancing the aerospace industry and achieving national strategic goals, with a projected market potential reaching trillions [6][7]. - The guidelines are part of a broader trend of increasing support for commercial space enterprises, with several companies already preparing for IPOs under the new standards [7][8]. Group 3: Market Position and Commercialization - Companies seeking to list must hold a prominent position in the industry, have a clear target market, and demonstrate a competitive edge over rivals [5]. - The guidelines also require companies to have a clear commercialization plan from technology validation to large-scale operations [5]. - The capital market's support is crucial for overcoming challenges in technology complexity, funding, and long development cycles, which are currently hindering the large-scale commercialization of commercial rockets [7][8].

中天火箭：公司耐烧蚀组件产品用于商业航天 再升科技：高硅氧纤维已供应国际航天公司 航天智装：宇航芯片已与多家航天企业长期合作 三安光电：砷化镓太阳能电池已应用于商用卫星电源 电科芯片：公司有应用于低轨星座的Ka波段相控阵天线套片量产 光智科技：公司红外光学材料可用于卫星红外相机光学窗口及卫星太阳能电池 科森科技：公司不生产航天级别的精密结构件 宝鼎科技（维权）：目前无商业航天领域的订单 潍柴动力：旗下陕重汽重卡已实现封闭区域L4级组合驾驶辅助技术 国芯科技：面向汽车辅助驾驶而设计开发的CCFC3009PT芯片已完成研发并进入流片试制阶段 星帅尔：后续将视银价波动情况，及时调整销售策略 兴业银锡：2025年初至目前未开展白银套期保值业务 【其他】 金圆股份（维权）：捌千错盐湖提锂项目处于试生产阶段 横店东磁：公司有进行钙钛矿叠层电池的技术储备 中密控股：公司产品暂未应用于"超碳一号" 热威股份：追觅科技（苏州）有限公司系公司客户 英杰电气：可控核聚变业务目前均为国内客户，暂无开发国际业务的明确计划 【智能驾驶】 【贵金属】 12月29日，多家上市公司通过互动平台、披露投资者关系活动记录表等渠道披露公司在商业航天 ...

慧翰股份(301600.SZ)公告，为探索公司智能网联汽车技术及车规级零部件在卫星通信产业和商业航天 领域的应用，公司与华福资本管理有限公司("华福资本")签署合伙协议，双方共同投资设立嘉兴华翰股 权投资合伙企业(有限合伙)("华翰投资")，公司出资6825万元，占比65%;华翰投资为私募基金，专项投 资一家商业航天企业。 ...

智通财经APP讯，慧翰股份(301600.SZ)公告，为探索公司智能网联汽车技术及车规级零部件在卫星通信 产业和商业航天领域的应用，公司与华福资本管理有限公司("华福资本")签署合伙协议，双方共同投资 设立嘉兴华翰股权投资合伙企业(有限合伙)("华翰投资")，公司出资6825万元，占比65%;华翰投资为私 募基金，专项投资一家商业航天企业。 ...

Group 1 - The article emphasizes the importance of efficiently filtering key announcements to aid investment decisions, highlighting the service "Announcement Selection" that provides deep insights into complex terms and reveals investment opportunities [1] Group 2 - On December 28, the article noted that Zhejiang Rongtai's stock rose by 3.38% after being highlighted for its involvement in humanoid robots and partnerships with multiple robotics companies, with an intraday peak increase of over 7% [2] - The article also mentioned that Yuntian Lifai's stock increased by 4.78% after being selected for a 122 million yuan project related to AI inference chips and humanoid robots, with a peak intraday increase close to 9% [2] Group 3 - The article outlines various sectors including commercial aerospace, humanoid robots, eVTOL, and general aviation, indicating that the company's products are applied in civil and commercial aircraft, rockets, and other vehicles [3] - It also highlights the defense and military sector, where the company's intelligent quadruped robots are utilized in critical scenarios such as nuclear emergency response and radiation monitoring [3] - Additionally, the article discusses advancements in third-generation semiconductors and IGBT, noting that the company has successfully developed GaN chips, which are now entering the customer introduction phase [3]

证券研究报告|策略定期报告 2025 年 12 月 29 日 长征十二号甲入轨成功，商业航天 IPO 新规落地 ——全球产业趋势跟踪周报（1229） 本周产业趋势主要集中在商业航天和人工智能。商业航天方面，2025 年 12 月 23 日 10:00，长征十二号甲遥一运载火箭在酒泉卫星发射中心东风商业航天创 新试验区顺利点火升空，并成功将载荷送入预定轨道，实现"入轨成功"，但 一级火箭回收未实现预定软着陆目标。上海证券交易所正式发布并实施商业火 箭企业适用科创板第五套上市标准，其中最关键的技术指标是：企业需在申报 前实现至少一次采用可重复使用技术的中大型运载火箭发射载荷成功入轨。人 工智能方面，12 月 18 日，路透社报道称， OpenAI 正与部分投资者就新一轮 融资展开初步讨论，拟募集资金规模最高或达 1000 亿美元。据知情人士透露， 这轮仍处于早期阶段的融资若按目标全额筹集，公司估值或将高达 8300 亿美 元。 【主题与产业趋势】长征十二号甲入轨成功，商业航天 IPO 新规落地。2025 年 12 月 23 日 10:00，长征十二号甲遥一运载火箭在酒泉卫星发射中心东风商 业航天创新试验区顺利点火 ...

Group 1 - The core point of the news is that several companies are making significant announcements regarding their business operations, including product development, investments, and acquisitions [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26] Group 2 - Company Upwind New Materials is still in the product development stage for its embodied intelligent robot business and has not achieved mass production or large-scale sales, which is expected to have no positive impact on its 2025 performance [2] - Longpan Technology's subsidiary will reduce production of lithium iron phosphate by approximately 5,000 tons due to maintenance, which is not expected to significantly impact the company's 2026 performance [8] - Spring Airlines plans to purchase 30 Airbus A320neo aircraft, with a total transaction value not exceeding $4.128 billion [17] - Longbai Group's subsidiary will introduce strategic investors and implement a capital increase of 2 billion yuan, primarily to repay bank loans [2] - Xiamen Tungsten's subsidiary plans to acquire 100% of German Mimatic Tool Company for a base price of 10 million euros [3] - Huahan Co. will invest 68.25 million yuan to establish a private equity fund focused on commercial aerospace [4] - Limin Co. has received a production license for "Fluopyram" from Jiangsu Province, which is expected to positively impact future operations [5] - Yinlun Co. plans to increase capital in its subsidiaries for the construction of production bases in Mexico and Sichuan [6] - New Jinlu's subsidiary plans to invest in mining and smelting projects with an estimated total investment of 496 million yuan [8] - Guiguan Electric Power intends to acquire 100% of Datang Tibet Energy Development Co. and China Datang Group ZDN Clean Energy Development Co. for 2.025 billion yuan [8] - Macro Micro Technology has signed a strategic cooperation agreement with a leading domestic company to jointly research GaN power semiconductor devices [9] - Tianqi Co. plans to raise up to 977 million yuan for the development of intelligent systems for the automotive industry [9] - Nanchin Technology intends to sign an agreement with a related party for the development of IP [9] - New Phoenix Ming plans to participate in the auction for a 35% stake in the Dushan Port Development Company for a base price of 259 million yuan [10] - Yonghui Supermarket plans to publicly transfer 28.095% of its stake in Yonghui Yunjin Technology [11] - Financial Securities has received approval from the CSRC to publicly issue bonds totaling up to 15 billion yuan [12] - Guangdong Yuedian's Dapu Power Plant Phase II project has been put into commercial operation with a total investment of 8.122 billion yuan [12] - Huaxin Environmental Protection's subsidiary plans to invest in a bonded remanufacturing project in Hainan with an estimated total investment of 350 million yuan [13] - Baodi Mining intends to purchase 87% of Congling Energy for 685 million yuan [13] - Tianjian Technology has signed a price adjustment agreement for military products, expecting a negative impact on net profit of approximately 209 million yuan [14] - Acolyte has successfully validated and begun bulk supply of a new product for the optical lens field [14] - Huayi Co. has terminated the acquisition of 51% of Zhongke Huilian due to a lack of consensus on key terms [15][16] - Ningbo Huaxiang's subsidiary has signed a strategic cooperation agreement with Qianxing Future to strengthen collaboration in the field of embodied intelligent robots [17] - Tianpu Co. has clarified that it has no plans to engage in AI-related business [17] - Chang'an Automobile plans to raise up to 6 billion yuan for the development of new energy vehicles and smart platforms [20] - Sijia Technology intends to acquire 20% of Guangcai Xincheng for 275 million yuan [21][22] - Wukuang Development plans to purchase shares of Wukuang Mining and Luzhong Mining, with its stock suspended from trading [22] - Guizhou Moutai's major shareholder has completed its shareholding increase plan, acquiring approximately 2.0714 million shares [23] - ST Dongtong's stock will resume trading and enter a delisting period [24] - ST Dongyi has completed the capital increase and will resume trading [25]

格隆汇12月29日丨超捷股份(301005.SZ)公布股价严重异常波动公告，公司目前主营业务为汽车零部件 制造，主要包括高强度精密紧固件、异形连接件等产品的研发、生产与销售，产品主要应用于汽车发动 机涡轮增压系统、换挡驻车控制系统、汽车排气系统及汽车座椅、车灯与后视镜等内外饰系统。截至 2025年9月30日，商业航天业务营业收入占公司营业收入的比重约5%，该业务尚处于小批量交付阶段， 对公司整体业绩影响较小。特此提醒广大投资者进行理性投资，并注意相关风险。 ...

重要的消息有哪些 1.国务院关税税则委员会发布关于2026年关税调整方案的公告，自2026年1月1日起，对部分商品的进口 关税税率和税目进行调整。其中，继续给予43个与我建交的最不发达国家100%税目产品零关税待遇， 实施特惠税率。其中，关税配额商品仅将配额内关税税率降为零，配额外关税税率不变。 神剑股份（002361）：公司商业航天应用领域业务收入占比较小。 2.中国人民银行出台《关于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方 案》，新一代数字人民币计量框架、管理体系、运行机制和生态体系将于2026年1月1日正式启动实施。 根据方案部署，从2026年1月1日起，数字人民币钱包余额将按照活期存款计付利息。 3.据财政部数据，2025年1—11月，全国国有及国有控股企业(国有企业)营业总收入同比增长1.0%，利润 总额同比下降3.1%。 4.市场监管总局部署2026年重点任务。持续深化公平竞争治理，加力破除行政性垄断，加强反垄断反不 正当竞争执法，深入整治"内卷式"竞争；推动提高经营主体发展质量，完善市场准入退出制度，提升经 营主体信用水平，强化知识产权和商业秘密保护；强化平台经济常态化监管 ...