Core Viewpoint - Aerospace Hongtu (688066.SH) experienced a significant drop of over 12%, reaching a new low of 25.53 yuan since late August, with a total market value of 6.67 billion yuan. The decline is attributed to an announcement regarding the suspension of the company's qualification to participate in military procurement activities from July 6, 2024, to July 6, 2027, which is expected to negatively impact its operational performance and project acquisition in specialized fields [1]. Summary by Relevant Sections - **Stock Performance** - Aerospace Hongtu's stock fell over 12% to 25.53 yuan, marking a new low since August [1]. - The company's market capitalization is currently 6.67 billion yuan [1]. - **Regulatory Announcement** - The military procurement network announced on November 5, 2025, that Aerospace Hongtu will be suspended from participating in military material engineering service procurement from July 6, 2024, to July 6, 2027 [1]. - This suspension is based on regulations related to military supplier management [1]. - **Impact on Business** - The suspension will affect the company's ability to acquire projects in specialized fields, as it will not be able to participate in bidding during the suspension period [1]. - The company anticipates that this situation will have a negative impact on its production operations and overall business performance [1].