截至1月22日收盘，航空发动机概念上涨2.90%，位居概念板块涨幅第7，板块内，75股上涨，三角防务 20%涨停，中超控股、润贝航科、航发科技等涨停，爱乐达、钢研高纳、优机股份等涨幅居前，分别上 涨13.58%、12.98%、11.76%。跌幅居前的有方正电机、东方钽业、华自科技等，分别下跌3.64%、 3.44%、3.32%。 | 600391 | 航发科 技 | 10.00 | 9.47 | 18001.90 | 11.26 | | --- | --- | --- | --- | --- | --- | | 600893 | 航发动 力 | 4.54 | 3.56 | 17569.1 1 | 3.77 | | 688102 | 斯瑞新 材 | 6.37 | 5.00 | 15516.02 | 9.66 | | 600862 | 中航高 科 | 4.97 | 4.82 | 14827.24 | 8.48 | | | 上海电 | | | | | | 601727 | 气 | 2.29 | 2.84 | 9914.79 | 2.94 | | 688333 | 铂力特 | 3.16 | 4.84 | 9853.1 ...

储能电池ETF易方达(159566)在2025年实现量价齐涨，全年强势上涨57.96%，规模从去年年初1亿元跃 升3790%至38.9亿元，是全市场规模最大的储能相关ETF产品，2025年合计净流入36.77亿元，成为储能 赛道 "吸金王"，资金认可度极高。 储能电池ETF易方达(159566)跟踪国证新能源电池指数，聚焦新能源发电产业储能电池相关核心标的， 成份股包含宁德时代（全球电池龙头）、阳光电源（储能逆变器全球龙头）、亿纬锂能（储能电芯龙 头）和英维克（液冷储能柜龙头）。 具有三大特点： 科创芯片ETF(588200)跟踪上证科创板芯片指数，一键覆盖芯片设计、制造、设备、材料等全产业链环 节且更聚焦卡脖子环节，前十大重仓股占比57%，包括中芯国际、海光信息、寒武纪、中微公司、澜起 科技等龙头股，AI芯片权重近20%，更贴合国产替代和AI算力主线，科技创新属性强。 科创芯片指数成份股全来自科创板，是"硬科技"企业聚集地，上市标准更侧重研发能力、技术创新，该 指数相当于芯片产业的"科创精锐部队"。 科创板企业以成长为主，叠加芯片产业，尤其是存储芯片周期带动的高景气度，使得科创芯片指数的 "成长指标"（营收 ...

Core Viewpoint - The article emphasizes the significant advancements in China's manufacturing sector by 2025, highlighting its transition towards high-end, intelligent, green, and integrated manufacturing, which is crucial for the country's economic high-quality development [3][4]. High-end Manufacturing - High-end manufacturing is identified as a critical focus for achieving high-quality development in the manufacturing sector, addressing issues such as reliance on foreign technology and the need for a self-sufficient supply chain [5][6]. - The article notes that by 2025, China's automotive production and sales are expected to exceed 34 million units, maintaining its position as the world's largest automotive market for 17 consecutive years [6][7]. - The successful development of advanced technologies, such as the AS700D electric airship and AG600 amphibious firefighting aircraft, showcases China's progress in high-end manufacturing [6][7]. Intelligent Manufacturing - Intelligent manufacturing is positioned as a primary pathway for enhancing quality and efficiency, with artificial intelligence becoming a driving force for transformation [8][9]. - By 2025, China is expected to have over 1 million industrial devices connected through industrial internet platforms, significantly improving production efficiency and reducing operational costs [10]. - The integration of AI into manufacturing processes is leading to faster R&D cycles and smarter production methods, marking a shift from experience-driven to data-driven manufacturing [9][10]. Green Manufacturing - The article highlights the necessity of green manufacturing as a response to global climate challenges, emphasizing the importance of reducing carbon emissions and enhancing resource efficiency [11][12]. - By 2025, nearly 60% of new energy vehicles are projected to be part of vehicle replacement programs, indicating a strong consumer shift towards green products [12][13]. - The development of green technologies and equipment is expected to support traditional industries in reducing emissions and enhancing sustainability [12][13]. Integrated Manufacturing - Integrated manufacturing is described as a transformative approach that combines manufacturing with services and digital economies, enhancing overall competitiveness [14][15]. - Policies are being implemented to promote the deep integration of advanced manufacturing and modern services, fostering new growth drivers [15][16]. - The article notes that the integration of manufacturing with digital technologies and services is reshaping the value chain, moving from product sales to service-oriented models [15][16].

人民日报记者 邱超奕 水陆两栖飞机"鲲龙"是全球起飞重量最大（60吨）的民用水陆两栖飞机，也是国家应急救援体系建 设急需的重大航空装备。从2009年立项，到2017年技术验证机首飞，再到2025年取得型号合格证和生产 许可证，一路走来，困难重重。"鲲龙"走过了一段怎样的研制路？记者对此进行了采访。 ——编者 前不久，在吉林省吉林市松花湖水域，一架红白相间、翼展38.8米的AG600"鲲龙"飞机（以下简 称"AG600"）从空中轻盈滑至水面，20秒内完成汲水，旋即抬升至100米空中，3分钟后，将12吨水精准 倾泻到指定灭火区域。自此，由中国航空工业集团自主研制的大型水陆两栖飞机AG600圆满完成首次野 外环境汲水投水演练。 2025年，AG600在广东珠海获颁中国民航局生产许可证，AG600飞机正式迈入批量生产阶段。截至 目前，AG600型号批产三架机均已完成生产交付。 攻关 "我们要设计的是一艘会飞的船、会游泳的飞机" 面对重大灾害，航空救援装备的必要性、重要性不言而喻。2009年，AG600研制正式立项。当时， 全世界能造水陆两栖飞机的国家极少，很难找到相关技术资料。 总设计师黄领才，当时是航空工业哈飞的副 ...

今日早盘，前期热度有所退潮的商业航天板块再度活跃。其中，全市场仅有的跟踪中证全指航空航天指 数的ETF——航空航天ETF（563380）持续吸引资金关注，本周以来（26/1/19-1/21）累计"吸金"2.67亿 元；成交额同步走阔，同期日均成交额升至2.66亿元，较2025年日均成交水平大幅增长964%，推动基 金规模、份额双双升至成立以来（25/10/29）新高，分别达7.50亿元、5.91亿份。（2025年航空航天ETF 日均成交额为0.25亿元。数据来源：Wind、交易所，截至26/1/21） 尽管近期行情存在波动，但市场对其产业趋势的长期共识或依然稳固。中金表示，在建军百年奋斗目标 和国防现代化要求的牵引下，核心装备批产迭代有望稳步推进，内外需求共振下看好航空航天科技行业 长期景气。（数据来源：Wind，截至26/1/21；观点来源：中金公司《重视板块配置机会 聚焦重点环节 核心资产》-26/1/19） 此外，近期多家商业航天产业链公司发布了2025年业绩预增公告，覆盖上游部件、中游制造到下游发射 等多个环节。这在一定程度上反映出，在政策支持与市场需求的双重驱动下，行业或正从研发投入期逐 步进入商业 ...

资金流向方面，Wind数据显示，该ETF近10个交易日累计获资金净流入额超2.3亿元。 航空航天ETF天弘（159241）紧密跟踪国证航天航空行业指数，该指数覆盖航空装备、航天装备、军工 电子等细分领域，涉及卫星互联网、大飞机、低空经济等前沿科技方向。跟踪指数行业布局在申万一级 行业分类中，国防军工权重占比高达98.7%。 1月22日，A股早盘震荡走强，三大指数集体上涨，商业航天概念再度爆发，国证航天航空行业指数涨 近3%。 相关ETF中，航空航天ETF天弘（159241）盘中成交额达1.19亿元，换手率14.27%，换手率居同标的第 一。 中银证券认为，商业航天主题正突破"升温"期。商业航天领域近期迎来顶层设计完善以及新政策支持， 为产业发展明确了发展蓝图，增强了市场对商业航天长期发展的信心。近期，我国卫星互联网低轨卫星 组网发射明显提速，未来国内商业航天进入常态化、高频次发射阶段后将对产业链上下游形成实质性利 好。 东兴证券指出，"十五五"时期，商业航天将成为国内推动新质生产力和科技高质量发展的重要引擎。为 了抢占宝贵的轨道和频谱资源，2026年我国星座卫星发射数量有望进一步加速增长；民营商业火箭公司 有 ...

近日该股表现 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2026.01.21 | 4.95 | 18.53 | -13339.36 | | 2026.01.20 | 10.00 | 4.90 | 24902.72 | | 2026.01.19 | 10.00 | 7.96 | 15863.31 | | 2026.01.16 | -3.41 | 6.52 | -4403.39 | | 2026.01.15 | -1.91 | 9.31 | -7289.92 | | 2026.01.14 | -1.42 | 13.53 | -3003.15 | | 2026.01.13 | -9.99 | 5.55 | -2211.84 | | 2026.01.12 | 2.34 | 11.80 | -12898.51 | | 2026.01.09 | 6.40 | 14.26 | 8474.00 | | 2026.01.08 | 7.89 | 12.14 | -3859.64 | （文章来源：证券时报网） 证券时报·数据宝统计，两融 ...

Group 1 - The core viewpoint emphasizes the importance of expanding domestic demand and optimizing supply to achieve a dynamic balance and virtuous cycle in the economy, with a focus on a new development model driven by domestic demand and consumption [2][3] - The National Development and Reform Commission (NDRC) plans to develop a strategic implementation plan for expanding domestic demand from 2026 to 2030, aligning with the trends of demand upgrading and the new technological revolution [2] - The NDRC aims to strengthen the real economy by fostering innovation, creating new supply, and generating new employment opportunities, while promoting a modern industrial system focused on intelligence, greenness, and integration [3] Group 2 - The construction of a unified national market is a significant strategic deployment by the central government, with positive progress already made and a commitment to deepen this initiative [4][5] - Key metrics indicate improvements in inter-provincial trade and reduced logistics costs, reflecting a favorable trend in resource allocation and market transaction costs [4] - Future efforts will focus on institutional development, high-quality growth, and addressing persistent issues that hinder market efficiency, such as low-price competition and local protectionism [5][6] Group 3 - The NDRC forecasts that by 2026, China's economic structure will continue to improve, with new growth drivers emerging from sectors like renewable energy, aerospace, and artificial intelligence [7][8] - The digital economy is expected to contribute significantly to GDP, with projections indicating it could reach 49 trillion yuan, accounting for approximately 35% of GDP by 2025 [8] - Regional innovation hubs, particularly in areas like the Greater Bay Area and the Yangtze River Delta, are set to enhance their roles in driving economic development and technological innovation [9]

Summary of the Conference Call for AVIC High-Tech (中航高科) Industry Overview - **Composite Materials in Aviation**: Composite materials are increasingly used in aviation due to their lightweight and high-strength properties. The military sector has matured, and there is a growing expansion into the civilian sector. [2][3] - **Domestic Demand Forecast**: The demand for auxiliary materials in military aircraft is expected to reach 18,000 tons over the next decade, while the civilian aviation auxiliary materials market is projected to be significantly larger, with a forecasted demand of approximately 100,000 tons over the next 20 years. [2][7] Company Insights - **AVIC High-Tech's Role**: AVIC High-Tech is a key player in the production of prepreg materials, with its subsidiary AVIC Composites being a major supplier of resins and prepregs in China. The company holds about 70% of the prepreg market share. [2][13] - **Market Position**: The company is close to monopolizing the military-grade aviation prepreg market and is actively expanding into the civilian aviation sector, participating in projects like C919 and C929. [4][16] Demand Dynamics - **Civil vs. Military Aviation**: Military aviation has stringent performance requirements and higher prices, but the civilian aviation market is larger and more sustainable. Historical examples from companies like Hexcel and Toray show that commercial aviation demand has long-term advantages. [10] - **Future Demand Growth**: The demand for composite materials in civilian aviation is expected to grow significantly, driven by the C919 and CR929 projects, which will increase the usage of composites from 12% to 50%. [6][9] Strategic Developments - **Partnerships and New Ventures**: AVIC High-Tech has formed a joint venture with Commercial Aircraft Corporation of China (COMAC) to produce resin-based composite fan blades and casings for commercial aircraft engines, marking a strategic expansion into component manufacturing. [17] - **Production Capacity Expansion**: The company has invested in new production lines aimed at civilian aircraft composite applications, indicating a proactive approach to meet future demand. [16] Financial Performance - **Recent Financial Trends**: In the first three quarters of 2025, AVIC High-Tech experienced a slight revenue decline of about 1% and a decrease in net profit, attributed to fluctuations in military product delivery schedules. However, this is viewed as a temporary situation, with expectations for demand recovery. [18] - **Long-term Outlook**: The company is optimistic about its long-term growth potential, with expectations for improved profitability as civilian aircraft production scales up. The current valuation is considered to be at a historically low level, suggesting potential for future appreciation. [19] Key Challenges - **Barriers to Entry**: The prepreg and downstream auxiliary material sectors have high barriers to entry due to the need for customized resin development and extensive validation processes, making it difficult for new entrants to gain a competitive edge. [14] Conclusion - **Investment Consideration**: AVIC High-Tech is positioned to benefit significantly from the growth in both military and civilian aviation sectors, with a strong market presence in prepreg materials and strategic initiatives to expand its capabilities. The company remains a focal point for investors looking at the aviation materials market. [19]

Group 1: Talent Demand in New Productive Forces - The demand for talent in the new productive forces sector is rapidly increasing, becoming a "growth pole" in the job market, driven by new technological waves and industrial upgrades [1] - In the new generation information technology sector, the number of algorithm engineer positions surged by 110.1% year-on-year, with an average monthly salary of 25,236 yuan, making it the most sought-after job in the field [1] - The demand for high-end equipment industry talent is also strong, with robot debugging engineers leading the field with a 64.1% year-on-year growth, and industrial robot engineers seeing a 60.6% increase [1] Group 2: Automotive and Aerospace Talent Demand - The automotive industry is transitioning from a "scale expansion phase" to a "technology competition phase," leading to diversified and deeper talent demand, with automotive structure engineers and automotive mechanical engineers seeing growth rates of 53.7% and 50.9% respectively [2] - The demand for materials process engineers in the new materials and aerospace sectors has also surged, with an 83.1% year-on-year increase, and drone engineers seeing a 59.4% rise [2] - The average monthly salary for navigation algorithm positions reached 26,219 yuan, indicating a strong market for specialized roles [2] Group 3: Integration of Industry and Education - The integration of industry and education is seen as a crucial path to resolving talent supply and demand contradictions, with initiatives like "Intelligent Connection of Hundreds of Schools, Empowering Thousands of Enterprises" in Shandong [3] - Local enterprises collaborating with universities have developed new electromechanical products, achieving a 10% improvement in energy efficiency and a 20% increase in service life [3] - The Ministry of Human Resources and Social Security aims to ensure stable employment by promoting a friendly employment development model and leveraging policies to support labor-intensive industries [3]