Aerospace and Defense(IN40195.SH)

Commercial aerospace "national team," important deployment! Fully breakthrough reusable technology

China Aerospace Science and Technology Corporation Commercial Rocket Co., Ltd. held its 2026 annual work meeting on January 27, proposing to fully break through reusable technology to ensure the successful maiden flight and recovery of the main rocket. The company is committed to providing one-stop launch services for global customers and plans to comprehensively enhance its commercial aerospace capabilities by 2025. The static ignition test of the Long March 12 Y rocket has been successfully completed, marking the company's progress in technological innovation and market development

ZHONGTIAN ROCKET: Expected to report a net loss attributable to the parent company of 95 million to 115 million yuan in 2025, turning from profit to loss year-on-year

ZHONGTIAN ROCKET expects a net profit loss attributable to the parent company of 95 million to 115 million yuan for the year 2025, compared to a profit of 19.5662 million yuan in the same period last year. Due to intensified competition in the photovoltaic industry, the company's carbon/carbon thermal field materials business has performed poorly, with product sales prices declining. To be cautious, the company has made provisions for inventory and fixed asset impairment, resulting in losses in this business segment, which severely impacted the company's revenue and profit

The A-share commercial aerospace concept has shown a partial recovery, Juli Inc. has had 4 limit-ups in 6 days, ZAISHENG TECHNOLOGY previously hit the limit-up, LKDF, Tongyu, ZHONG CHAO HOLDING, ESSENCE FASTENING SYSTEMS (SHANGHAI), WMM, and FiberHome have followed suit

India aviation reform hopes fly high as air show lands big names

India's biennial air show, 'Wings India 2026', attracts major players like Boeing and Airbus, as PM Modi aims to position India as an aviation hub. Despite the booming sector, airlines IndiGo and Air India face challenges, including regulatory scrutiny and delivery delays. Analysts seek government signals on easing airspace congestion and improving regulatory clarity. The event will feature key industry leaders, including India's aviation minister, addressing the need for further reforms in aircraft leasing and tax regulations.

The A-share large aircraft sector continues to rise, with AECC AEC and AECC AST hitting the daily limit, ToLand rising over 10%, and HYATECH, AECC AP, Sinomach-pi, and Finework following suit