1月6日早盘，商业航天+卫星概念加持的通用航空延续涨势，北斗星通再度涨停冲击10天5板，航天环宇、海格通信双双涨超7%。一键布局商业航天+卫星导 航+低空经济+大飞机的通用航空ETF华宝（159231）场内价格现涨0.88%冲击8连阳，盘中再度刷新上市新高！资金加速流入，实时净申购900万份！此前已 连续3日获资金净买入864万元。 大国之翼，大展鸿图！通用航空ETF华宝（159231）及联接基金（A类：024766；C类：024767）标的指数全面覆盖『军用新质战斗力+民用新质生产力』50 只成份股，涵盖低空经济、大飞机、军用飞机、商业航天、卫星导航、无人机等热门领域，其中航空航天行业占比超37%，重点布局技术壁垒和商业化核心 环节（飞行器制造），是内需+军贸共振下一键配置中国航空航天产业链的利器。 数据来源：沪深交易所 风险提示：通用航空ETF华宝被动跟踪国证通用航空产业指数，该指数基日为2012.6.29，发布日期为2012.12.28，指数成份股构成根据该指数编制规则适时 调整，其回测历史业绩不预示指数未来表现。本文中指数成份股仅作展示，个股描述不作为任何形式的投资建议，也不代表管理人旗下任何基金的持 ...

杭州综合保税区空港片区。 2025年12月28日13时30分，随着长龙航空GJ8008航班平稳降落，杭州萧山国际机场迎来历史性一 刻——全年旅客吞吐量首次突破5000万人次，成功跻身全球"5000万级俱乐部"，成为今年全国第7个实 现这一里程碑的机场，这一历史性时刻恰逢机场通航25周年纪念日。 舞起"长龙"的，还有临空的政策生态。2025年12月23日，杭州综合保税区空港片区顺利通过验收。 在杭州临空经济示范区综合保税园相关负责人看来，从2018年启程申建，到2025年确定路径，实现"当 年申报、当年获批、当年建设、当年验收"，可以说是"八年长跑磨一剑，一年冲刺创奇迹"。这背后， 是临空的韧性，更是临空的速度。 尽管区域面积仅0.4平方公里，这里即将成为撬动杭州外向型经济提质增效的重要抓手。比如，此 前长龙航空的飞机、发动机保税租赁需依赖天津东疆综保区，航材调拨还面临多关区申报繁琐、保税仓 储周期与维修需求不匹配等问题。杭州综合保税区空港片区获批后，这一局面将改变。 在浙江省发展规划研究院副院长兰建平看来，"过去的临空，更多的是高空；现在的临空，是高空 到低空全覆盖。改变的不仅仅是空间，还有从物流到人流、信息 ...

1月6日早盘，商业航天+卫星概念加持的通用航空延续涨势，北斗星通再度涨停冲击10天5板，航天环 宇、海格通信双双涨超7%。一键布局商业航天+卫星导航+低空经济+大飞机的通用航空ETF华宝 （159231）场内价格现涨0.88%冲击8连阳，盘中再度刷新上市新高！资金加速流入，实时净申购900万 份！此前已连续3日获资金净买入864万元。 消息面上，据中国民航网，今年，民航将健全完善低空民用航空政策体系，加快低空飞行服务站体系建 设，推进建设低空飞行服务调度平台；优化调整无人驾驶航空试验区（试验基地），因地制宜拓展低空 应用场景。 1月6日早盘，商业航天+卫星概念加持的通用航空延续涨势，北斗星通再度涨停冲击10天5板，航天环 宇、海格通信双双涨超7%。一键布局商业航天+卫星导航+低空经济+大飞机的通用航空ETF华宝 （159231）场内价格现涨0.88%冲击8连阳，盘中再度刷新上市新高！资金加速流入，实时净申购900万 份！此前已连续3日获资金净买入864万元。 消息面上，据中国民航网，今年，民航将健全完善低空民用航空政策体系，加快低空飞行服务站体系建 设，推进建设低空飞行服务调度平台；优化调整无人驾驶航空试验区 ...

交易所数据显示，截至10时12分，北方导航涨幅达10.01%，最新价18.02元，总市值272.53亿元，封板 资金11.31亿元，成交额17.77亿元，换手率6.89%。该股低开后整体呈现震荡上行走势，早盘以16.05元 低开，经过短暂震荡调整后从9时45分左右开始逐步攀升，上涨动能持续增强，进入10点后涨幅明显扩 大，股价快速上扬至18.02元。 市场炒作聚焦于北方导航在导航控制和弹药信息化技术领域的业务布局，其涵盖制导控制、导航控制、 卫星通信等产品和技术，契合商业航天、低空经济等产业发展热点。 消息面上，"十五五"规划建议将商业航天列为战略性新兴产业，商业航天有望迎来黄金发展期。多地出 台政策支持低空经济产业发展，推动新型航空器产业链体系建设。近期商业航天领域企业上市进程加 快，相关产业进展持续加速。 声明：本内容由AI生成，数据资料来自于交易所及第三方公开信息，仅供参考，不构成投资建议。 来源：市场资讯 政策层面持续加码商业航天与低空经济领域，为相关企业发展提供坚实支撑。 ...

Core Viewpoint - The year 2026 marks a significant transition in urban development in China, shifting from rapid growth to stable development, focusing on quality improvement and efficiency in existing urban infrastructure [2]. Group 1: Urban Development Trends - The approval process for subway construction has tightened, with no new approvals in 2025, and cities like Guangzhou, Wuhan, and others are initiating new planning applications for subway projects [4][6]. - The emergence of new "internet-famous" cities has diminished, as cities compete in tourism and cultural offerings, making it harder for any single city to stand out [6][8]. - The central government's emphasis on domestic demand as a strategic priority for 2026 may lead to new competitive dynamics among cities [8][9]. Group 2: Economic and Administrative Changes - Administrative adjustments are expected to accelerate, with a focus on optimizing infrastructure and public services based on population trends [12][13]. - The GDP rankings of major cities may see shifts, with cities like Nanjing facing competition from others, as the economic landscape evolves [17][20]. - The overall urban residency requirements are likely to be relaxed, particularly in smaller cities, while major cities may still face pressure to optimize their residency policies [22][25]. Group 3: Real Estate and Population Dynamics - The real estate market is under pressure to stabilize, with new policies aimed at supporting housing prices and promoting urban renewal [26]. - Population trends are showing signs of recovery, with a slight increase in birth rates in 2024, and 2026 will be crucial for assessing the impact of new family support policies [27][28]. Group 4: Technological and Industrial Shifts - The rise of new industries, particularly in artificial intelligence and electric vehicles, is reshaping urban landscapes, with cities like Chongqing and Chengdu benefiting from these technological advancements [30][31]. - The potential for new "DeepSeek" moments in emerging sectors will be a key area to watch in 2026, as cities strive to leverage technological innovations for growth [30][32].

动力煤供给收缩需求回暖，煤价止跌企稳。动力煤本周各环节价格止跌回升，后续低温天气将推升供暖 需求，叠加供给收缩、政策托底预期，煤价有望企稳回升。 炼焦煤供需结构改善，价格稳中有升。炼焦煤本周价格分化，优质煤种涨幅显著；库存中低位与供给收 缩形成支撑，叠加冬储补库需求释放，预计价格窄幅震荡、稳中有撑，优质煤种弹性更强。 大同证券近日发布煤炭行业周报：炼焦煤供需结构改善，价格稳中有升。炼焦煤本周价格分化，优质煤 种涨幅显著；库存中低位与供给收缩形成支撑，叠加冬储补库需求释放，预计价格窄幅震荡、稳中有 撑，优质煤种弹性更强。 以下为研究报告摘要： 核心观点 综合来看，动力煤本周各环节价格止跌回升，后续低温天气将推升供暖需求，叠加供给收缩、政策托底 预期，煤价有望企稳回升。炼焦煤本周价格分化，优质煤种涨幅显著；库存中低位与供给收缩形成支 撑，叠加冬储补库需求释放，预计价格窄幅震荡、稳中有撑，优质煤种弹性更强。二级市场方面，A股 日均成交额2.13万亿元维持高位，但主要指数回调，情绪转向高位震荡。商业航天指数、低空经济指数 延续政策催化热度，受益于上交所《商业火箭企业适用科创板第五套上市标准指引》落地及航天发展、 中国 ...

Group 1 - The core viewpoint of the news is that Lianchuang Optoelectronics has shown significant stock price increases and positive financial performance in recent months, indicating potential growth in the semiconductor and optoelectronic sectors [1][2]. Group 2 - As of January 6, Lianchuang Optoelectronics' stock price increased by 2.01% to 67.61 CNY per share, with a total market capitalization of 30.485 billion CNY [1]. - The company has experienced a stock price increase of 7.22% year-to-date, 17.01% over the last five trading days, and 22.26% over the last 20 days [1]. - For the period from January to September 2025, Lianchuang Optoelectronics reported a revenue of 2.503 billion CNY, a year-on-year increase of 2.85%, and a net profit attributable to shareholders of 400 million CNY, up 19.37% [2]. Group 3 - The company's main business segments include intelligent control (49.81% of revenue), backlight sources and applications (36.15%), laser series and traditional LED chips (7.77%), and optoelectronic communication and intelligent equipment cables and metal materials (4.45%) [1]. - Lianchuang Optoelectronics has distributed a total of 408 million CNY in dividends since its A-share listing, with 85.455 million CNY distributed over the last three years [3]. - As of September 30, 2025, the number of shareholders increased by 9.19% to 48,700, while the average circulating shares per person decreased by 8.41% to 9,314 shares [2].

Core Viewpoint - Shenzhen Yilian Technology Co., Ltd. plans to issue convertible bonds to raise no more than 1.2 billion yuan for new energy intelligent manufacturing projects and to supplement working capital, aiming to enhance its technological applications in key areas like electronic skin [1] Group 1: Funding and Project Development - The company intends to use the raised funds for a flexible electric connection system project, which is expected to achieve an annual production capacity of approximately 45 million new flexible electric connection components once fully operational [1] - This initiative aims to strengthen partnerships with well-known domestic and international manufacturers in the new energy vehicle and energy storage sectors, enhancing the company's technological capabilities and market competitiveness [1] Group 2: Production and Technological Advancements - The new production base in Liyang will integrate front-end manufacturing of flexible printed circuits (FPC) with existing back-end assembly processes, aiming to create a more efficient supply chain and improve overall operational efficiency and cost competitiveness [2] - The company has mastered a mature "roll-to-roll" continuous production process, capable of producing 2.5-meter ultra-long FPCs, which enhances product consistency and production efficiency [2] - Future plans include continuous investment in R&D and deepening industry-academia collaboration to develop more competitive products and solutions, focusing on lightweight, thinner, and higher integration of electric connection components [2]

中国发展网讯周宇琼记者袁小峰报道近日，记者从五大连池市通用机场建设管理部门获悉，五大连池市聚焦抓产 业、惠民生、促振兴，掀起了低空经济发展热潮。 五大连池机场建设管理有限公司主任杨威表示，刚刚闭幕的市委七届九次全会擘画了2026年发展蓝图，为五大连 池做强低空经济提供了根本遵循。五大连池将坚决贯彻落实市委决策部署，以低空经济高质量发展为引领，依托 空域、寒地优势，深入对接国内航空器研发制造测试企业，主动承接各类测试项目，与中航工业气动院合力推动 近年来，该市吸引了全国各地的27家航空器、应急通信装备企业以及飞行培训到德都机场举办航线飞行、无人机 应急救援、风洞测试等。全力打造"通航+"特色产业融合发展模式，持续建好地域矿泉小镇，为区域经济转型升级 注入新动能，助力黑龙江省打造低空经济发展新高地。 固定式结冰风洞项目落地，积极打造"大飞机结冰安全联合测试基地"，为全市构建"345"现代化产业体系贡献连池 力量。 ...

Core Viewpoint - The company is adapting to market demands by developing various drone powder metallurgy brake components and providing wheel brake systems for certain drone products [1] Group 1: Company Developments - The company has developed multiple drone powder metallurgy brake components to meet market needs [1] - The company is actively focusing on the low-altitude economy and general aviation sectors, emphasizing the core safety requirements for low-altitude aircraft takeoff and landing [1] - The subsidiary, Boyun Dongfang, and Changsha Xinhang are recognized as national specialized and innovative enterprises [1]