36Kr learned that Galaxy Securities pointed out that the commercial aerospace industry is thriving and is entering a golden era of dual efforts from both the demand and supply sides. 1. Satellite Launch: Private rocket companies are developing rapidly, and the industry chain is in the transition phase from national aerospace to commercial aerospace. It is recommended to pay attention to structural component suppliers. 2. Satellite Manufacturing: Currently, low Earth orbit satellites are mainly focused on the construction of space segment and ground segment infrastructure, with a short-term focus on the satellite manufacturing field. The upstream and midstream subsystems and materials are expected to benefit first as they directly support satellite mass production