北京商报讯（记者 马换换 李佳雪）1月6日晚间，观想科技（301213）披露重组预案，公司股票将于1月 7日起复牌。 观想科技表示，通过本次交易，公司能够提升向军方及军工单位客户提供"核心元器件+智能系统平台 +全寿命周期管理"的一站式解决方案能力，增强客户粘性，构筑极高的竞争壁垒，从而扩大公司整体 销售规模，进一步提升持续盈利能力和核心竞争力。 预案显示，观想科技拟通过发行股份及支付现金方式购买锦州辽晶电子科技股份有限公司（以下简 称"辽晶电子"）100%股份，并向不超过35名特定投资者发行股份募集配套资金。本次交易预计构成重 大资产重组，构成关联交易，不构成重组上市。 据悉，辽晶电子是专业从事军用半导体科研和生产的军工定点单位，主营业务为军用半导体分立器件、 电路及电子元器件的研发、生产和销售。 ...

1月6日, A股市场延续开门红，逾4100股上涨，沪指收涨超1%喜提13连阳，再创阶段新高！商业题材概念飙涨，航空ETF基金(159257)高歌猛进，收涨 4.59%，再次刷新历史新高，喜提3连涨。资金将目光转向航空板块，航空ETF基金（159257）强势吸金超237万元！ 业内机构指出，2026年开年，A股春季行情持续演绎，商业航天板块凭借跨年上涨态势持续领涨。叠加商业火箭企业专项上市指引落地等利好政策的催化， 市场对该板块的关注度进一步提升。 从产业发展底层逻辑审视，商业航天板块的崛起并非市场情绪的短期宣泄，而是政策红利释放、核心技术突破与产业刚性需求三大核心要素共同驱动的必然 结果。 国金证券研报认为，全球航天产业处在SpaceX等为代表的商业航天企业崛起之际，正经历着类似大航海时代的结构性变革。中国商业航天开始到达从政策 孵化期向工业化爆发期过渡的关键节点。2026年将是中国商业航天产业的阿尔法元年，行业逻辑将从单纯的题材映射转向基于供应链业绩兑现的基本面投 资。 国防军工为第一大权重行业。航空ETF基金（159257）标的指数行业主要集中在国防军工（56.3%）、计算机（7.5%）、汽车（7.4%） ...

Market Performance - The military electronics sector rose by 2.91% on January 6, with Beidou Star leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up 1.5%, while the Shenzhen Component Index closed at 14022.55, up 1.4% [1] Stock Performance - Beidou Star (002151) closed at 54.97, up 10.01% with a trading volume of 748,000 shares [1] - Aerospace Electric (002025) also saw a 10% increase, closing at 56.85 with a trading volume of 578,500 shares [1] - Other notable gainers included Hezhong Shizhuang (002383) and Leike Defense (002413), both rising by 10% and 9.99% respectively [1] Capital Flow - The military electronics sector experienced a net outflow of 470 million yuan from institutional investors and 923 million yuan from speculative funds, while retail investors saw a net inflow of 1.393 billion yuan [2][3] - The top stock in terms of net inflow from institutional investors was Hezhong Shizhuang (002383) with 304 million yuan, accounting for 48.27% of its trading volume [3] Summary of Individual Stocks - Beidou Star (002151) had a net inflow of 229 million yuan from institutional investors, representing 5.72% of its trading volume [3] - Aerospace Electric (002025) saw a net inflow of 245 million yuan from institutional investors, making up 7.70% of its trading volume [3] - The overall trend indicates a mixed sentiment among different types of investors within the military electronics sector [2][3]

Core Viewpoint - The commercial aerospace sector in China is experiencing significant growth driven by policy support, technological breakthroughs, and rigid industry demand, marking 2026 as a pivotal year for the industry [2][3]. Group 1: Market Performance - As of January 6, 2026, the National General Aviation Industry Index (980076) rose by 2.87%, with key stocks such as Aerospace Huanyu (688523) increasing by 17.35% and Huashe Navigation (300627) by 14.27% [1]. - The Aviation ETF Fund (159257) increased by 2.98%, reaching a historical high, with a recent price of 1.21 yuan, and has seen a 12.00% increase over the past two weeks [1]. - The Aviation ETF Fund's trading volume was active, with a turnover rate of 23.98% and a transaction value of 17.28 million yuan [1]. Group 2: Fund Growth and Sector Focus - The Aviation ETF Fund has seen a significant increase of 850,000 shares over the past three months, indicating strong investor interest [2]. - The fund primarily focuses on the defense and military sector, which constitutes 56.3% of its holdings, along with significant allocations to low-altitude economy and commercial aerospace sectors [4][7]. - The commercial aerospace sector accounts for 24% of the fund's holdings, covering satellite navigation and satellite internet, which positions it well to capitalize on the trillion-dollar market opportunities [8]. Group 3: Industry Dynamics - The commercial aerospace sector is transitioning from a policy incubation phase to an industrial explosion phase, with 2026 expected to be a transformative year for the industry [2]. - Key drivers for this growth include the urgent need for high-frequency network deployment, breakthroughs in launch capacity, and a restructured valuation system for commercial aerospace [3]. - The competitive pressure from companies like SpaceX is accelerating domestic policy and capital investments towards core companies in the sector [3].

Market Overview - On December 31, 2025, the Shanghai and Shenzhen indices experienced mixed performance, with a total trading volume of CNY 2.07 trillion, a decrease of approximately CNY 90 billion from the previous trading day[1] - The market showed stability despite more stocks declining than rising, with notable gains in the aerospace, media, real estate, and non-ferrous metals sectors, while telecommunications, agriculture, and electronics faced declines[1] - The total trading volume for the year exceeded CNY 400 trillion, marking a year-on-year growth of over 60%, achieving a historical high[3] Sector Performance - The aerospace sector is rapidly regaining strength, with leading stocks reaching new highs and increasing trading volumes, indicating a sustained upward trend[1] - The non-ferrous metals sector is also performing steadily, supported by historical price increases in precious metals and a weak US dollar, suggesting a potential for long-term growth[1] - The top three sectors for net capital inflow on December 31 were aerospace equipment, military electronics, and advertising marketing, while the semiconductor, components, and photovoltaic equipment sectors saw the largest outflows[4] Regulatory Developments - The Ministry of Transport has initiated measures to promote the integration of public transportation data with enterprise data, aiming to enhance efficiency across various sectors, including logistics and green technology[5] - New regulations for green product certification have been introduced, covering 122 product categories and involving over 8,000 certified enterprises, marking a significant shift towards comprehensive regulatory oversight[7] Economic Indicators - The price of live pigs increased by 1.7% month-on-month in late December 2025, reflecting ongoing trends in agricultural pricing[8] - Natural gas consumption in November 2025 was reported at 36.28 billion cubic meters, a year-on-year increase of 5.1%, although total consumption for the first eleven months showed a slight decline of 0.1%[8] Investment Insights - The recent regulatory changes in fund sales fees aim to enhance investor returns by capping service fees for equity funds at 0.4% and for index and bond funds at 0.2%, promoting a shift towards long-term holding[12][14]

新光光电(688011)1月5日晚公告，公司于2025年12月31日召开第三届董事会第七次会议，审议通过了 《关于部分募集资金投资项目延期的议案》，综合考虑当前募集资金投资项目（以下简称"募投项目"） 的实施进度等因素，公司决定对部分募投项目达到预定可使用状态的日期进行延期，本次延期未改变募 投项目的内容、投资用途、投资总额和实施主体。 "本项目契合国防和军队现代化建设战略部署，顺应军工电子信息行业发展趋势，是公司满足未来市场 订单需求、提升批产响应能力的必要举措；公司核心技术领先、客户合作稳定、项目经验丰富，具备充 分实施条件，延期调整符合审慎经营原则，未改变项目核心要素，具备继续实施的必要性与可行 性。"新光光电介绍。 对于睿光航天光电设备研发生产项目延期的原因，新光光电表示，2020至2022年，受不可抗力因素影 响，一方面，工程建设施工人员无法及时按原定计划满员满时施工。另一方面，在可调配资源有限的前 提下，公司集中资源维持主营业务的正常开展，一定程度上延缓了该项目进度。近两年公司在激光领域 围绕轻小型激光防御系统研发了多款产品，并经过了大量的外场测试，验证了系统对小型无人机的跟踪 能力及毁伤效果，目 ...

南财智讯1月5日电，新光光电公告，公司对"光机电一体化产品批产线升级改造及精密光机零件制造项 目"（计划投资25000.00万元）和"睿光航天光电设备研发生产项目"（计划投资23000.00万元）进行延 期，资金来源为首次公开发行股票所募资金，用于提升批产能力与拓展航天光电设备研发生产。延期原 因为受总体单位及最终用户不可控因素、不可抗力影响，项目建设进度不及预期，同时公司基于审慎原 则，为匹配战略发展节奏、避免固定资产闲置，决定将上述项目达到预定可使用状态日期由2025年12月 调整至2027年12月。本次延期不涉及项目内容、投资用途、投资总额及实施主体变更，不影响主营业务 方向，亦未改变募集资金投向，不会对公司当前生产经营造成重大不利影响，有利于提高募集资金使用 效率，维护公司及股东利益。 ...

Core Viewpoint - The company has secured a contract for a navigation device related to a reusable first-stage rocket's control system, with delivery expected in the first half of 2026 [1] Group 1: Project Details - The project involves the development of a control system for rockets, including engine control [1] - The specific contract price for the project cannot be disclosed [1] - The product is currently in the development stage [1]

证券日报网讯 1月5日，雷电微力在互动平台回答投资者提问时表示，公司产品主要服务于专用市场领 域客户。公司自主研发的星间链路毫米波微系统在2018年已量产成功配套于北斗导航卫星，并促进卫星 组网。 （文章来源：证券日报） ...

Core Viewpoint - The company, New Jingang (300629.SZ), currently does not have direct products or business layouts related to enhancing military early warning and counterattack capabilities [1] Group 1: Business Segments - The company's main business focuses on two major sectors: 1. Special application electronic business (RF microwave business), providing RF microwave devices and solutions from microchips to systems [1] 2. Special application materials business, including thermal spray materials and electromagnetic wave-absorbing materials [1] Group 2: Strategic Focus - The company continuously strengthens core technology research and product iteration, aiming to enhance competitiveness in niche markets [1] - The company strives to deliver better operating performance to reward its investors [1]