近日，卫星产业迎来政策与技术的双重利好，推动资金持续布局相关投资标的。卫星产业ETF(159218)近期获得密集增仓， 显示市场对商业航天产业发展前景的积极预期。 【政策突破：商业航天司设立理顺监管体系】 国家国防科技工业局在原系统一司（国家航天局）基础上分立设立商业航天司，这一重要机构调整将有助于理顺商业航天 监管业务，为未来商业航天的快速发展提供制度保障。监管体系的完善将为商业航天企业创造更加规范、高效的发展环 境。 技术层面迎来重要节点。神舟二十二号预计将于下周上半周发射，此后国内首款可复用火箭ZQ-3将迎来首发。值得关注的 是，火箭公司共有3发试验箭，能够实现在短时间内快速迭代，完成国内第一款可复用火箭技术状态的验证工作。这一技术 突破将显著降低发射成本，推动商业航天产业化进程。 【资本助力：IPO标准明确助推行业发展】 【技术突破：可复用火箭即将迎来首发】 在政策支持、技术突破与资本助力的三重驱动下，商业航天产业有望进入快速发展期。卫星产业ETF(159218)作为布局商业 航天全产业链的投资工具，将持续受益于产业发展红利。 风险提示：基金有风险，投资需谨慎。 监管部门预计将"可复用火箭成功入轨"作 ...

Core Points - The Shenzhou 20 astronaut crew is scheduled to return on November 14 aboard the Shenzhou 21 spacecraft, with all crew members in good condition and preparations underway at the landing site [1] - The Shenzhou 20 mission lasted 203 days, during which the crew completed all planned tasks, achieving significant results in various scientific fields [2][4] Group 1: Mission Achievements - The crew conducted experiments in space life sciences, microgravity fundamental physics, space materials science, aerospace medicine, and new aerospace technologies, yielding phase results [2] - Notable achievements include the successful growth of high-quality protein crystals, which may provide potential targets for cancer treatment, and the heating of tungsten alloy to 3100 degrees Celsius, setting a new record for international space materials science experiments [2] - The crew also discovered charged colloids crystallizing into long-lived metastable structures in microgravity [2] Group 2: Additional Activities - During the mission, the crew took care of zebrafish and a space vegetable garden, contributing to the life atmosphere of the space station and providing valuable experimental data [4] - In July, the Shenzhou 20 received a cargo delivery from the Tianzhou 9 spacecraft, which included supplies for the astronauts and new extravehicular spacesuits, along with valuable data from the evaluation of existing suits [7] - The crew completed four extravehicular activities and seven payload transfer tasks, including the installation of space debris protection devices and external auxiliary equipment, enhancing the efficiency of extravehicular operations [10] Group 3: Delays and Collaboration - The return of the Shenzhou 20 was delayed due to a suspected impact from small space debris, allowing the crew to collaborate with the Shenzhou 21 crew on in-orbit scientific experiments [13]