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Industrial Securities has noted that 'aerospace prowess' is now grouped with manufacturing strength, highlighting the aerospace sector's emergence as a pivotal element of national strategy. The pursuit of commercial aerospace development stands as a crucial avenue for realizing 'aerospace prowess' and spurring industrial advancement. Presently, China's commercial aerospace sector is undergoing a transformative phase, with initiatives like the 'Xingwang' (Starnet) and 'Qianfan' constellations beginning to form networks, hinting at a potential watershed moment for the industry. Over the course of the '15th Five-Year Plan', a significant uptick in carrier rocket launches and satellite demand is anticipated. It is thus prudent to zero in on the business prospects within the carrier rocket and satellite manufacturing domains.
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