Group 1 - The core point of the article is that Blue Arrow Aerospace Technology Co., Ltd. has been selected for a site inspection as part of the first batch of companies for initial public offering (IPO) checks in 2026 [1] - The Shanghai Stock Exchange has accepted Blue Arrow Aerospace's prospectus on December 31, 2025, indicating the company's readiness for the IPO process [1] - Blue Arrow Aerospace is primarily engaged in the research and development, production of liquid oxygen-methane engines, and the provision of commercial rocket launch services [1] Group 2 - The company aims to raise 7.5 billion yuan through this IPO [1]

Core Points - The European Space Agency (ESA) announced the progress of the "Smile" satellite project, which is a collaboration with multiple international space agencies, including China [3][5] - The "Smile" satellite is set to launch between April and May 2026 from the Guiana Space Centre in French Guiana, aimed at studying the impact of solar activity on Earth's magnetic field and space environment [3][9] - The project has successfully completed all phases and is currently in the storage stage, with a qualification review meeting scheduled in Amsterdam [7][9] Project Details - The "Smile" satellite project is jointly implemented by the National Space Science Center of the Chinese Academy of Sciences and the ESA, focusing on understanding the interaction between Earth and the Sun [3][5] - The ESA's Chief Scientist, Carol Mandel, highlighted the excellent collaboration between teams from Europe and China, with a dedicated workspace established in the Netherlands for joint efforts [7][9] - The satellite will be launched by the "Weaver Star" rocket, with preparations ongoing at the Guiana Space Centre [9]