Core Viewpoint - The "14th Five-Year Plan" has identified commercial aerospace as a strategic emerging industry, signaling a wave of investment and financing opportunities in China's commercial aerospace sector [1] Investment and Financing Trends - Since the fourth quarter of this year, investment and financing in the commercial aerospace sector have remained robust, with companies like Tianbing Technology, Infinite Aerospace, Interstellar Light Remote, and Juntian Aerospace making significant financing progress across various sub-sectors including rocket R&D, satellite manufacturing, and payload equipment [1] - Leading companies such as Blue Arrow Aerospace, CAS Space, Tianbing Technology, and Xinghe Power have initiated listing guidance, aiming to leverage capital markets to transition the industry from a phase of technological breakthroughs to one focused on building industrial capabilities [1] Industry Perspective - Industry insiders suggest that the financing boom in the commercial aerospace sector should be viewed through the lens of national strategy, technological logic, and industrial realities, emphasizing that commercial aerospace is not merely a speculative game [1] - There is a call for capital markets to evaluate potential "thoroughbreds" and "evergreens" in China's commercial aerospace sector from multiple dimensions [1]