受积极影响的板块 今日A股商业航天板块再度掀起狂热涨停潮，成为高端制造与前沿科技赛道的绝对焦点，呈现"龙头秒 板、梯队爆发"的极致活跃格局。板块核心标的东方通信表现尤为震撼，强势点燃板块情绪引擎；航天 长峰、顺灏股份、再升科技、四创电子等细分领域标的紧随其后纷纷涨停，形成多点开花的上涨态势， 进一步放大板块赚钱效应。从交易层面看，板块整体成交额较前一交易日翻倍增长，Wind数据显示， 截至收盘商业航天主题基金单日净值平均上涨4.2%，北向资金对板块核心标的净买入合计达9.8亿元， 资金进场迹象极为明确，反映出市场对商业航天产业政策红利与成长潜力的高度认可。 国家设立商业航天司，顶层制度迎来里程碑突破：据新华社2025年12月1日报道，国家航天局已正式设 立商业航天司并开展相关业务，这是我国商业航天领域首个国家级专职监管机构。浙商证券指出，该举 措标志着行业从"政策培育期"迈入"规范发展期"，将显著优化发射审批、牌照发放等流程，降低企业制 度性交易成本，为产业规模化发展提供确定性支撑。 全球产业规模破6000亿，中国增速领跑全球：雪球2025年12月7日发布的《2025全球航天产业价值白皮 书》显示，2025年 ...

证券日报网讯 12月11日，有研粉材在互动平台回答投资者提问时表示，公司订单增长来源于多个领域 对3D打印粉末的需求，包括航空航天、商业航天及其他各工业领域。商业航天产业未来将保持高速发 展，且将更多引入金属3D打印技术，粉末材料需求将保持增长。 （文章来源：证券日报） ...

Group 1: Company Overview and Performance - The company introduced its operational performance for 2024 and future development plans, highlighting a sales volume of 5,233.85 tons and a production volume of 5,209.13 tons, resulting in a sales-to-production ratio of 100.47% [3][4] - The planned production capacities for the second and third phases of Jiangsu Xinzhongzhou are 3,000 tons and 4,500 tons respectively [3][4] Group 2: Market and Product Focus - The company's product sales primarily cover sectors such as oil, chemicals, new energy, nuclear power, marine engineering, and automotive components [3][4] - The company’s 3D printing powder, which includes cobalt-based, nickel-based, and iron-based high-temperature alloy powders, currently contributes a small proportion to overall revenue [3][4] Group 3: Competitive Landscape - The company differentiates itself from competitors like Tunan Co. and Steel Research High-Tech by focusing on civilian high-temperature corrosion-resistant alloys, primarily serving the oil, chemical, nuclear, and new energy sectors [3][4] - The company plans to maintain market share through specialized and differentiated strategies, enhancing product technology and competitiveness [11] Group 4: Research and Development - The company collaborates with Shanghai Jiao Tong University to establish a joint research center for high-end metal special materials, emphasizing the importance of R&D and new product development [6][9] - Future R&D will focus on core components for nuclear power, marine engineering, new energy, high-end manufacturing equipment, and 3D printing ultra-fine powders [9][10] Group 5: International Expansion and Market Strategy - The company aims to expand its international market presence while optimizing product structure and increasing its share among high-end overseas clients [8] - The company has already exported its 3D printing powders to Europe and the United States and plans to increase application scenarios based on market demand [11] Group 6: Financial Management and Risk Mitigation - The company employs cost-plus pricing, timely bulk purchasing, and lean production to mitigate the impact of commodity price fluctuations on profit margins [11] - The company is positioned to leverage the growth potential in the high-temperature alloy industry, which is still in its early stages in China [11]