New Milestone in China's Commercial Space: Zhuque-3 Successfully Launched into Orbit, First Stage Recovery Failed

Blue Arrow Aerospace's Zhuque-3 launch vehicle successfully placed the second stage into the designated orbit, validating China's large liquid oxygen-methane rocket development capabilities in commercial spaceflight. However, the first stage of the rocket failed during the recovery process due to abnormal combustion, and the specific cause is under investigation. Catalyzed by favorable policies, the A-share commercial aerospace concept sector surged against the trend, with Shanghai JUSHRI TECHNOLOGIES and FUJIAN TENDERING both hitting the daily limit, ZHHL rising over 10%, and Shunhao Co., Ltd. previously hitting the daily limit

Commercial aerospace welcomes a series of favorable catalysts, high-growth leaders exposed

The commercial aerospace sector is experiencing favorable catalysts, with institutions predicting a significant increase in net profit growth for related A-share concept stocks. Companies like WG Tech and JUSHRI TECHNOLOGIES are expected to see net profit growth exceeding 50% in 2026 and 2027. Tianrongxin and YINGLIU are also receiving high attention from institutions, with a considerable number of ratings

Hanwei Electronics Group Corporation Reports Earnings Results for the Nine Months Ended September 30, 2025

Hanwei Electronics Group Corporation reported earnings results for the nine months ended September 30, 2025. For the nine months, the company reported sales was CNY 1,702.2 million compared to CNY 1,569.77 million a year ago. Net income was CNY 84.84 million compared to CNY 79.79 million a year ago.Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.26 compared to CNY 0.24 a year ago.

JUSHRI TECHNOLOGIES released its performance for the first half of the year, with a net loss attributable to the parent company of 28.6405 million yuan, narrowing by 44.97%

JUSHRI TECHNOLOGIES released its 2025 semi-annual report, with operating revenue of 173 million yuan, a year-on-year increase of 63.34%. The net loss attributable to shareholders of the listed company was 28.6405 million yuan, a year-on-year narrowing of 44.97%. The net loss after deducting non-recurring gains and losses was 39.787 million yuan, a year-on-year narrowing of 32.35%. The basic loss per share was 0.0456 yuan

The commercial aerospace concept surged against the trend during the session, with SHHG hitting the daily limit, ASIET rising over 10%, and JUSHRI TECHNOLOGIES, ESSENCE FASTENING SYSTEMS (SHANGHAI), CATEC, and Aerospace Microelectronics also following suit