（原标题：微纳星空开启IPO辅导 上交所重申：支持商业航天企业上市！） 当前，全球商业航天产业正加速成长，成为大国竞逐的新焦点。在商业航天领域，中国是快速崛起 的"新星"，产业赛道正加速进化。 2025年，我国有多款可回收火箭计划首飞；卫星方面，千帆星座等巨型星座持续发射升空，小卫星需求 呈爆发式增长。据市场预计，中国商业航天市场规模今年有望突破2.5万亿元。 回顾2024年，中国商业航天迎来爆发"奇点"。其首次作为"新增长引擎"写入当年的政府工作报告，北 京、上海等地相继出台专项支持政策和行动计划，加码布局商业航天产业。 从地域分布看，北京城南的亦庄，聚集了160多家空天企业，商业火箭整箭研制企业数量占全国75%； 而城北的海淀区，有众多商业卫星制造、测运控和运营企业。这一南一北两块区域，汇聚了200多家重 点企业，核心研发单位占全国一半以上。 目前，北京拥有国内最全的商业航天产业链条，商业航天领域高新技术企业超300家，核心研发单位、 上市企业和独角兽企业约占全国50%。 中国商业航天起步于2015年，彼时，《国家民用空间基础设施中长期发展规划（2015年—2025年）》出 台，首次提出鼓励社会资本步入航 ...

Core Viewpoint - China Unicom's stock price has shown fluctuations, with a recent increase of 2.15% and a year-to-date rise of 8.61%, indicating a mixed performance in the market [1][2]. Financial Performance - As of June 30, 2025, China Unicom reported a revenue of 200.2 billion yuan, reflecting a year-on-year growth of 1.45%, and a net profit attributable to shareholders of 6.349 billion yuan, which is a 5.12% increase compared to the previous year [3]. - The company's main business revenue composition includes broadband and mobile data services (38.49%), data and other internet applications (27.48%), and sales of communication products (10.91%) [2]. Stock Market Activity - On September 17, 2023, China Unicom's stock traded at 5.70 yuan per share, with a total market capitalization of 178.207 billion yuan and a trading volume of 1.484 billion yuan [1]. - The stock has experienced a recent net outflow of 87.9167 million yuan from major funds, with significant buying and selling activity from large orders [1]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased to 556,900, while the average circulating shares per person increased by 6.41% to 55,248 shares [3]. - The company has distributed a total of 35.536 billion yuan in dividends since its A-share listing, with 12.427 billion yuan distributed in the last three years [4]. Institutional Holdings - Major institutional shareholders include Hong Kong Central Clearing Limited, which holds 1.314 billion shares, and several ETFs such as Huaxia SSE 50 ETF and Huatai-PineBridge CSI 300 ETF, which have increased their holdings [4].

1. 【SK On全固态电池试点工厂正式落地，拟2029年实现商用】9月16日消息，SK On宣布在韩国大田广 域市儒城区未来技术院内建成了全固态电池试点工厂。该试点生产线主要用于向客户提供试制品，并承 担对产品质量与性能进行系统化评估验证的职能。此次建成工厂规模约4628平方米，SK On将在新试点生 产线中开发硫化物系全固态电池，部分生产线还将开发固态电池锂金属电池。SK On计划于2029年实现全 固态电池的商用化，较原定目标（2030年）提前一年。（科创板日报） 2. 【苹果CEO库克谈6000亿美元投资计划：全美79家工厂将从中受益】苹果CEO蒂姆·库克最近接受采访 时详细阐述了该公司对美国制造业的承诺，并表示这些工厂将为社区带来更多的业务。库克在接受知名 财经主播吉姆·克莱默采访时称："我们不可能无处不在。我希望我们可以，但是我们要在未来四年投入 6000亿美元。因此，这是一个非凡的承诺。全美有79家工厂将从中受益。"苹果上个月在白宫一次活动上 宣布了一项1000亿美元的新投资计划，这将使苹果未来四年的累计投资承诺达到6000亿美元，以支持美 国国内制造业的发展。（新浪财经） 3. 【 联发科称其 ...

Market Overview - The market experienced a slight increase on September 16, with a total transaction volume of 2.37 trillion, up approximately 700 billion from the previous trading day. The majority of industries saw gains, particularly in computer, machinery, automotive, and commerce sectors, while agriculture, banking, non-ferrous metals, and military industries faced declines [1][3]. Industry Insights - The robotics sector was notably influenced by Elon Musk's announcement regarding large-scale production of robots and local policy documents related to humanoid robots, which acted as catalysts for the sector's performance. The computer, machinery, and automotive industries saw significant gains, primarily linked to robotics, while other stocks with lower correlation to robotics exhibited marked differences in performance, leading to substantial stock differentiation within the sectors [1]. - The domestic substitution in computing power also showed some gains, although the range of rising stocks was narrowed, indicating a similar phenomenon of stock differentiation within the sector. This suggests that market funds are still focused on exploring opportunities within the technology sector, but the observed differentiation and the subsequent pullback in certain sectors may indicate significant market divergence, potentially leading to increased market volatility in the future [1]. Fund Flow - On September 16, the main funds saw a net outflow of 7.385 billion in the Shanghai Stock Exchange, while the Shenzhen Stock Exchange experienced a net inflow of 6.893 billion. The top three sectors for fund inflow were automotive parts, general equipment, and computer equipment, while the sectors with the highest outflow were industrial metals, minor metals, and batteries [4]. Policy and Development - The People's Bank of China emphasized the importance of a robust global financial governance framework, advocating for reforms in the International Monetary Fund (IMF) to better reflect member countries' positions in the global economy. This includes adjusting the shareholding structure to enhance the legitimacy and representation of the IMF [5][6]. - The central government announced that during the "14th Five-Year Plan" period, the financial support for rural revitalization will reach 850.5 billion, highlighting the government's commitment to agricultural and rural development [6]. - Suzhou has launched an "Artificial Intelligence+" city action plan, aiming to gather over 3,000 AI companies by the end of 2026 and achieve an annual growth rate of over 20% in the core scale of the intelligent economy industry [7]. Industry Developments - Tencent Cloud announced its full adaptation to mainstream domestic chips, focusing on optimizing software capabilities through heterogeneous computing platforms to provide high-cost performance AI computing power [8][9]. - On September 16, China successfully launched a satellite for internet technology testing, marking the 595th flight of the Long March series of rockets [10]. - SK On has established a pilot factory for solid-state batteries in South Korea, with plans to commercialize these batteries by 2029, one year ahead of the original target [11]. Fund Dynamics - Emerging market ETFs have seen continuous inflows for five consecutive weeks, with China attracting the largest share of investments, totaling 654 million. The overall inflow for the year has reached 19.8 billion [12][13]. - Recent adjustments to public bond fund application rules are expected to promote the development of "fixed income+" products, encouraging fund companies to increase their equity investment scale [14].

Group 1 - The core viewpoint of the news highlights the strong performance of Esky Communication, with a stock price increase of 53.02% year-to-date and significant trading activity on September 17, where the stock rose by 2.04% to 103.24 CNY per share [1] - Esky Communication's main business involves the design, production, research and development, and sales of wireless communication modules and solutions in the Internet of Things (IoT) sector, with module and antenna sales accounting for 99.32% of its revenue [1] - The company has been listed on the stock market since July 16, 2019, and has made two appearances on the "Dragon and Tiger List" this year, indicating notable trading activity [1] Group 2 - As of June 30, 2025, Esky Communication reported a revenue of 11.546 billion CNY, representing a year-on-year growth of 39.98%, and a net profit attributable to shareholders of 471 million CNY, which is a 125.03% increase compared to the previous year [2] - The company has distributed a total of 749 million CNY in dividends since its A-share listing, with 540 million CNY distributed over the past three years [3] - The number of shareholders decreased by 11.33% to 38,300, while the average number of circulating shares per person increased by 12.78% to 6,831 shares [2]

Group 1 - China's grain production has reached a new level during the 14th Five-Year Plan, with the total grain output exceeding 1.4 trillion jin for the first time last year, and per capita grain availability reaching 500 kg [2][3] - The Ministry of Commerce and nine other departments have released 19 measures to further expand service consumption [1] - The 22nd China-ASEAN Expo will commence on September 17 in Nanning, Guangxi, with trade between China and ASEAN growing by 9.7% in the first eight months of the year, maintaining ASEAN as China's largest trading partner [2][3] Group 2 - The successful launch of a satellite internet technology test satellite on the 16th [3] - The construction of the Tibet-Guangdong DC transmission project, a key project under the 14th Five-Year Plan, has started, with an estimated investment exceeding 200 billion yuan in related fields [3] - The "CCTV Finance Excavator Index" indicates steady progress in national road construction in August, with active performance in road equipment and strong resilience in foreign trade [3]

Economic Indicators - US retail sales for August increased by 0.6%, surpassing the forecast of 0.2% and the previous value of 0.5% [11] - The US dollar index fell to its lowest level in over 10 weeks, closing down 0.71% at 96.65 [2][5] - The yield on the benchmark 10-year US Treasury bond closed at 4.0350%, while the 2-year yield closed at 3.5120% [2] Commodity Markets - Spot gold first broke through $3700 per ounce, closing up 0.29% at $3689.46 per ounce [2][5] - WTI crude oil rose by 2.01%, closing at $64.54 per barrel, while Brent crude oil increased by 1.51%, closing at $68.50 per barrel [2][5] Stock Markets - US stock indices showed mixed results ahead of the Federal Reserve's interest rate decision, with the Dow Jones down 0.27%, S&P 500 down 0.13%, and Nasdaq down 0.07% [3] - The Hong Kong Hang Seng Index closed down 0.03% at 26438.51 points, while the Hang Seng Tech Index rose by 0.56% [3] - A-shares saw collective gains, with the Shanghai Composite Index up 0.04%, Shenzhen Component Index up 0.45%, and ChiNext Index up 0.68% [4] Sector Performance - In the Hong Kong market, the automotive parts and tourism sectors showed strong performance, while internet healthcare stocks declined [3] - In the A-share market, robotics stocks surged, with several stocks hitting the daily limit up, while the pork sector experienced significant adjustments [4]

Group 1 - The core viewpoint of the article indicates that Aiguang Technology is currently involved in the satellite internet sector, specifically with products related to the GW constellation plan, while there are no large-scale supporting products for the Qianfan constellation at this time [2]

Group 1 - The Long March 2C rocket successfully launched multiple satellite internet technology test satellites into their designated orbits on September 16, marking the 595th flight of the Long March series rockets [2] - The new star-rocket connection and separation device developed by the rocket institute improved the internal space utilization of the fairing and enhanced satellite separation safety, enabling reliable and orderly separation of multiple satellites [4] - The rocket and upper stage utilized shared inertial measurement technology and composite material satellite brackets, which increased the payload capacity to better meet user demands [4] Group 2 - The rocket institute implemented a series of improvements to the rocket and upper stage, simplifying the launch site process and shortening the launch preparation period [6] - On September 8, the Ministry of Industry and Information Technology granted China Unicom a satellite mobile communication business operating license, allowing it to conduct satellite direct connection services and enhance communication services in emergency, maritime, and remote areas [6]

需要一提的是，银河航天为它打造了"云、边、端"卫星批产测试"利器"——柔性岛式脉动产线，既能适 配传统箱体式卫星，又能兼容开敞式平板卫星；"智慧大脑"则化身"超级管家"，快速完成测试、比对数 据、调度单机，让测试效率大幅提升。 本报讯 （记者李春莲）2025年9月16日9时6分，我国在酒泉卫星发射中心，成功将卫星互联网技术试验 卫星发射升空，卫星顺利进入预定轨道，发射任务获得圆满成功。 本次任务中的一颗卫星互联网技术试验卫星，由商业航天公司银河航天（北京）科技有限公司（以下简 称"银河航天"）承担研制，银河航天持续为中国航天强国建设贡献力量，更向着"空天地海泛在互联"的 6G时代迈进。 "这颗卫星，藏着太多'首次'与'突破'。"随着发射任务的成功，银河航天卫星型号总师胡照表示。作为 全球首款实现创新构型与新型材料工程化落地的卫星，它的核心单机都刻着"自主研发"的印记，是新型 举国体制下，中国卫星（600118）研制领域啃下"硬骨头"的生动见证。 而在银河航天卫星智慧工厂，更能感受到这份"中国速度"。整星生产线高速运转，配套的太阳翼、电缆 等单机产线紧密衔接，流程被大幅精简，单机交付、现场排故"快马加鞭"。 " ...