证券日报网讯1月5日，中航机载（600372）在互动平台回答投资者提问时表示，中航机载是昊龙货运航 天飞机的主要供应商，配套了多个系统级产品、设备级产品及各类部件、器件。后续，公司将继续依托 航空机载技术，拓展航天领域业务。 ...

（文章来源：证券日报） 证券日报网讯 1月5日，中航机载在互动平台回答投资者提问时表示，中航机载依托航空机载技术，向 航天领域衍生拓展，目前已经是昊龙货运航天飞机的主要供应商，配套了多个系统级产品、设备级产品 及各类部件、器件；同时，中航机载的子公司为多型火箭、卫星配套设备级产品，各类传感器、惯性测 量等器件。 ...

中央纪委国家监委网站 陈瑶 "轻舟"与空间站对接效果图。中国科学院微小卫星创新研究院供图 "轻舟"初样件测试场景。中国科学院微小卫星创新研究院供图 前不久，在距离地球表面约400公里的中国空间站首次实现了"烧烤自由"，引来网友关注。未来，"太空烧 烤"还将继续升级，食材也将更丰富、更新鲜，因为"太空快递员"队伍又添新力量——由中国科学院微小卫星 创新研究院（以下简称"卫星创新院"）牵头研制的轻舟货运飞船。近日，"轻舟"初样件已完成多项关键技术 验证，进入整体测试阶段。 "轻舟"是中国空间站天地货物运输体系的重要组成部分，具有运力适中、快速灵活、效益突出的特点。作为 中国空间站的新成员，它将与天舟系列货运飞船和"昊龙"货运航天飞机共同组成空间站未来货运体系。"轻 舟"有什么特长？又实现了哪些技术突破？在记者对卫星创新院轻舟货运飞船总设计师常亮的采访中，这些问 题的答案逐渐清晰。 "低成本、高效率"—— 一次聚焦空间站发展需求的科技攻关 天舟系列货运飞船是中国空间技术研究院面向空间站建造和运营任务研制的货运飞船，由长征系列火箭提供 动力，负责为空间站运输补给物资和载荷、补加推进剂、在轨存储及下行废弃物资。作为世界 ...

证券日报网讯 12月24日，中航成飞在互动平台回答投资者提问时表示，空天产业是国家战略性新兴产 业的重要组成部分，是新质生产力的重要体现。公司始终聚焦首责主责主业，坚持创新引领发展，加快 产业结构优化调整，将空天装备领域作为未来发展重要方向，积极参与商业空天产业发展。公司全资子 公司成飞承担"昊龙"货运航天飞机科研生产任务，是公司在空天装备领域的重大突破。后续公司将积极 推进项目科研生产工作，持续赋能公司高质量发展，为我国空天产业发展贡献力量。公司高度重视军贸 业务发展，将始终坚持服务国家政治外交大政方针，密切关注市场动向，在符合国家战略的情况下，持 续加大军贸业务开拓的力度和广度。如有应披露的相关事项，公司将严格按照有关法律法规的规定和要 求及时履行信息披露义务。 （文章来源：证券日报） ...

Core Viewpoint - AVIC Chengfei plans to invest approximately 422 million yuan in the construction of a space equipment assembly base, which is expected to enhance its assembly capabilities and support national defense initiatives [1][2]. Group 1: Investment and Project Details - The project involves land acquisition and the construction of new facilities, with a total investment estimated at around 1 billion yuan [2]. - Chengfei intends to sign an investment cooperation agreement with the Qingyang District Industrial Concentration Development Zone Management Committee to acquire over 200 acres of industrial land, with an investment intensity of no less than 5 million yuan per acre [2]. - The project is strategically significant as it will support the development and production of the "Haolong" cargo spacecraft, which is designed for efficient cargo transport to the space station [2]. Group 2: Financial Performance - As of the end of Q3 2025, Chengfei's contract liabilities reached 8.044 billion yuan, a 24.75% increase from 6.448 billion yuan at the beginning of the year [5]. - In the first three quarters of 2025, the company reported revenues of 48.286 billion yuan and a net profit of 2.169 billion yuan, with Q3 figures showing a year-on-year increase of 139.04% in revenue and 169.53% in net profit [4][5]. Group 3: Market Reaction - Following the investment announcement, Chengfei's stock price surged, reaching a peak of 81.4 yuan per share, reflecting a more than 10% increase, and closing at 77.81 yuan, up 6.11% [3]. Group 4: R&D and Innovation - The company has increased its R&D investment, with expenditures amounting to 336 million yuan in the first three quarters of 2025, and holds over 1,800 valid invention patents [6].

Core Viewpoint - The Aerospace ETF Tianhong (159241) has shown significant trading activity and growth, indicating strong investor interest in the aerospace and defense sector, particularly in the context of recent developments and government initiatives [1][2]. Group 1: ETF Performance - As of December 17, 2025, the Aerospace ETF Tianhong (159241) recorded a turnover of 13.37% with a transaction volume of 79.16 million yuan [1]. - Over the past week, the Aerospace ETF Tianhong (159241) experienced a scale increase of 22.37 million yuan and a share increase of 12 million shares, demonstrating notable growth [1]. Group 2: Fund Inflows - In the last five trading days, the Aerospace ETF Tianhong (159241) attracted a total inflow of 70.41 million yuan [2]. Group 3: Product Highlights - The Aerospace ETF Tianhong (159241) provides exposure to aerospace equipment, domestic large aircraft, low-altitude economy, and military information technology stocks, with 99% of its underlying index belonging to the defense and military sector, indicating a higher purity and investment value compared to other military-related indices [2]. Group 4: Key Events - AVIC Chengfei announced an investment of approximately 421.84 million yuan for the construction of a space equipment assembly base, which aims to enhance national defense production capabilities and support the development of space equipment such as the "Haolong" cargo spacecraft [2]. Group 5: Institutional Insights - GF Securities highlighted that the 14th Five-Year Plan emphasizes accelerating the development of unmanned intelligent combat forces and promoting the standardization of military-civilian applications, which is expected to drive growth in emerging industries such as commercial aerospace, large aircraft, and low-altitude economy [2].

Core Viewpoint - The company announced plans to construct an aerospace equipment assembly base, involving an investment of approximately 422 million yuan for land acquisition and new factory construction, which is crucial for supporting national defense and high-quality development [1][2]. Group 1: Project Details - Chengdu Aircraft Industrial (Group) Co., Ltd. plans to acquire over 200 acres of industrial land near the new airport for the assembly of aerospace equipment, with a total project investment estimated at around 1 billion yuan [1][2]. - The project aims to establish assembly capabilities for aerospace equipment, including the "Haolong" cargo spacecraft, thereby laying a foundation for high-quality production tasks [2]. Group 2: Strategic Importance - The acquisition of new land is significant for the company's long-term development, as industrial land is scarce and non-renewable, which is expected to appreciate in value over time [2]. - The project aligns with the company's development strategy and is expected to enhance core business competitiveness and long-term profitability without harming the interests of the company and its shareholders [2]. Group 3: Operational Considerations - The company will manage the project implementation to maximize operational efficiency while ensuring cash flow health [2]. - There are potential risks related to government procedures for land use rights, including uncertainties in bidding results, land area, pricing, and timelines for acquisition and construction [2]. Group 4: Company Background - The company has over 60 years of experience in developing and producing various aircraft, including advanced models like the J-20, and has established a comprehensive industrial system covering innovation, design, manufacturing, and service [3]. - Its subsidiaries include Guifei, Guochuang Center, Changfei, Chengfei Civil Aircraft, and others, indicating a broad operational scope in aerospace manufacturing and services [3].

中航成飞（302132）(302132.SZ)公告，公司全资子公司成都飞机工业(集团)有限责任公司(简称"成飞公 司")拟实施空天装备装配基地建设项目建设，新征机场周边工业用地200余亩(以正式挂牌面积为准)，并 建设空天装备装配厂房。本项目涉及征地及新建厂房的投资概算约4.22亿元。通过项目建设，构建空天 装备装配能力，为"昊龙"货运航天飞机等空天装备研制生产任务的高质量完成奠定基础，是成飞公司服 务国家战略、服务国防建设、高质量发展的需要和关键举措。 ...

Core Viewpoint - The company plans to construct an aerospace equipment assembly base, which is a strategic move to enhance its capabilities in supporting national defense and high-quality development [1] Group 1: Project Overview - The project involves the acquisition of over 200 acres of industrial land around the new airport for the construction of an aerospace equipment assembly factory [1] - The estimated investment for the project is approximately 422 million yuan [1] Group 2: Strategic Importance - The construction of the assembly base is essential for the high-quality completion of the development and production tasks for aerospace equipment, including the "Haolong" cargo spacecraft [1] - This initiative aligns with the company's commitment to serve national strategies and contribute to defense construction [1]

通过项目建设，构建空天装备装配能力，为"昊龙"货运航天飞机等空天装备研制生产任务的高质量完成 奠定基础，是成飞公司服务国家战略、服务国防建设、高质量发展的需要和关键举措。此外，工业用地 具有稀缺性与不可再生性，未来土地将持续增值。通过本项目建设，新征土地，对公司长远发展具有重 要意义。 格隆汇12月16日丨中航成飞(302132.SZ)公布，为进一步推动中航成飞股份有限公司持续高质量发展， 增强公司空天装备装配能力，公司全资子公司成都飞机工业（集团）有限责任公司（简称"成飞公司"） 拟实施空天装备装配基地建设项目建设，新征机场周边工业用地200余亩（以正式挂牌面积为准），并 建设空天装备装配厂房，形成空天装备装配基本条件，助推公司高质量发展。本项目涉及征地及新建厂 房的投资概算约42,184万元。本项目在《投资合作协议书》框架范围内，成飞公司后续其他投资事项将 按照实际交易金额另行履行决策程序。 ...