Core Viewpoint - The stock of Zai Sheng Technology has experienced a significant price deviation, with a cumulative increase of 200% over the last 30 trading days, indicating severe abnormal trading activity as per Shanghai Stock Exchange regulations [1] Company Overview - Zai Sheng Technology primarily focuses on developing "clean air materials," "high-efficiency energy-saving materials," and "dust-free air conditioning products," utilizing micro-fiber glass wool as the core material [1] - The company's products are applied in three main areas: industrial space, mobile space, and living space [1] Financial Impact - The revenue from high-efficiency energy-saving materials used in the aerospace sector is projected to account for approximately 0.5% of the company's total revenue in 2024 [1] - Since 2020, the company has been supplying "high-silica fiber products" to a well-known international aerospace company, but this segment's revenue contribution remains minimal [1] - Currently, there are no existing orders for "high-silica fiber products," and future order acquisition is subject to significant uncertainty [1]

Core Viewpoint - The company, Shangda Co., has established itself as a qualified supplier of high-temperature alloys and other materials for major domestic aerospace enterprises, positioning itself to benefit from the increasing demand as Blue Arrow Aerospace enters mass production and regular launch phases [1] Company Summary - Shangda Co. has engaged in cooperation with major domestic aerospace companies, supplying critical components and materials [1] - The company's products are primarily used in the manufacturing of solid rocket motor casings, liquid rocket engine hot-end components, rocket balance rudder shafts, and other high-temperature, high-strength key components for spacecraft [1] - Shangda Co. has participated in the trial production verification and batch delivery of special alloy products used in various models of aerospace engines and equipment [1] Industry Summary - As Blue Arrow Aerospace moves into a phase of mass production and regular launches, suppliers providing key components, materials, or services are expected to receive sustained and substantial orders, leading to greater performance elasticity [1]

Core Viewpoint - The company has experienced significant stock price fluctuations, with a 65.94% increase over a six-day trading period, which is notably higher than the Shanghai Composite Index during the same timeframe [2] Company Overview - The company primarily focuses on micro-fiber glass wool as its core material, developing "clean air materials," "high-efficiency energy-saving materials," and "dust-free air conditioning products" for three main application areas: industrial space, mobile space, and living space [2] Financial Impact - The revenue from high-efficiency energy-saving materials used in the aerospace sector is projected to account for approximately 0.5% of the company's total revenue in 2024 [2] - Since 2020, the company has been supplying "high-silica fiber products" to a well-known international aerospace company, but the revenue from this product line is minimal and does not significantly impact overall performance [2] - Currently, there are no existing orders for "high-silica fiber products," and future order acquisition is subject to considerable uncertainty [2]