Express News | The defense sector saw unusual activity and rallied, with Chengfei Integration hitting the daily limit up in a straight line.
The defense sector experienced unusual activity and rallied, with Chengfei Integration hitting the daily limit up in a straight line. Yaxing Anchor Chain had previously hit the limit up, while Chenxi Aviation, Jianglong Shipbuilding, Guoke Military Industry, and AVIC Chengfei followed with gains.
SpaceX's landmark IPO ignites market frenzy! ChinaAMC (159227), the largest aerospace and defense ETF, surges 6.55% with trading volume reaching RMB 376 million, ranking first among peers tracking the same index.
Gelonghui, June 12 | Today, the commercial aerospace sector surged sharply, with Chenxi Aviation surging by the 20% daily trading limit, AVIC Chengfei rising over 11%, and multiple stocks including Aerospace Development and AVIC Xifei hitting their daily limits. The ChinaAMC Aerospace & Defense ETF (159227) soared 6.55%, with a trading volume of RMB 376 million, ranking first among its peers, and has seen cumulative inflows of RMB 1.46 billion over the past five days. The ChinaAMC General Aviation ETF (159230) rose in tandem by 5.8%. Dual catalysts from SpaceX’s listing and China’s rocket launch have propelled commercial aerospace into a 're-pricing window': ① SpaceX’s largest IPO in history officially lists tonight: tonight,
SpaceX's IPO countdown sparks sector rally; ChinaAMC General Aviation ETF (159230) rises 2.43%, and ChinaAMC Aerospace ETF (159227) sees inflows exceeding RMB 700 million over the past 20 days.
Gelonghui, June 5 | The commercial aerospace sector rose with volatility, as Zhongtian Rocket touched its daily trading limit, followed by gains in Sunway Communication, Aerospace Electronics, CETC Blue Sky, and Tongyu Communication. This drove the ChinaAMC General Aviation ETF (159230) up by 2.43% and the ChinaAMC Aerospace ETF (159227) up by 2.03%. The latter saw net subscriptions of 14 million units during the session, with inflows recorded on 15 out of the past 20 trading days, totaling RMB 7.23 billion. With frequent catalysts emerging both domestically and overseas, the sector is experiencing a convergence of capital and technological momentum: (1) Domestic launch successes continue: On June 4, China launched a rocket using the Long March 6A carrier rocket from the Taiyuan Satellite Launch Center.
SpaceX's IPO has fueled global aerospace enthusiasm, driving a 1% gain in the ChinaAMC Aerospace & Defense ETF (159227), which has attracted over RMB 1 billion in net inflows in the past 20 trading days.
GLH News, May 28 | The commercial aerospace sector showed strong performance today. The ChinaAMC Aerospace & Defense ETF (159227) rose by 1.43%, following a cumulative correction of over 14% from May 11 to May 27. Investors continued to buy into the ETF, which has recorded net inflows for three consecutive trading days, with a total of RMB 1.067 billion flowing in over the past 20 trading sessions. Recent market enthusiasm for the sector stems primarily from landmark global developments in commercial spaceflight and accelerated implementation of China’s low-altitude economy policies: ① Anticipated SpaceX IPO ignites global space industry fervor: Market participants hold high expectations for SpaceX’s upcoming initial public offering, with its valuation potentially exceeding USD 1 trillion.
Shenzhou-23 successfully launched! The largest aerospace and defense ETF, Huaxia (159227), has attracted over RMB 500 million in inflows in the past 10 days and RMB 3.8 billion year-to-date, ranking first among its peers.
GLONDSH May 25 | The commercial aerospace sector experienced volatile trading today, with ChinaAMC Aerospace & Defense ETF (159227) down slightly by 1%. The ETF has cumulatively retreated by 11% over the past 11 trading days. However, investor inflows have accelerated amid the decline: the ChinaAMC Aerospace & Defense ETF (159227) recorded a total net inflow of RMB 524 million over the past 10 trading days and RMB 38.24 billion year-to-date, ranking first among its peers. Recent heightened market interest in the sector has been driven by multiple catalysts, including major aerospace milestones, supportive industrial policies, and global industry leadership developments: ① A new milestone in crewed spaceflight: at 23:08 on May 24, the Shenzhou-23 crewed spacecraft was launched.
The commercial aerospace sector is experiencing a 'super launch wave.' The Aerospace ETF Huaxia (159227) has attracted over 600 million yuan in inflows for 10 consecutive days, while the General Aviation ETF Huaxia (159230) rose by 1%.
Gelonghui, May 13 | The commercial aerospace sector rebounded after a low opening, with the Aerospace ETF Huaxia (159227) rising 0.95%, reaching a trading volume of 280 million yuan, ranking first in its category. Portfolio stock Huacreat rose 14%, while Aero Engine Corporation of China and Hangya Technology increased by 7%. The General Aviation ETF Huaxia (159230) climbed 1.24%. In May, the commercial aerospace sector witnessed a surge in launches and accelerated capitalization: ① A domestic 'super launch wave' commenced: Commercial aerospace launches were densely scheduled in May, totaling about eight missions. Notably, the Long March-10B reusable rocket is slated for its maiden flight in mid-to-late May to validate sea-based recovery technology.
Express News | Partial volatility occurred in the military industry sector, with Chengfei Integration hitting the daily price limit.
In the afternoon, partial volatility occurred in the military industry sector, led by gains in the large aircraft segment. Chengfei Integration hit the daily price limit, while AVIC Chengfei, Shengnan Technology, AVIC Xifei, Great Wall Military Industry, and North Long rose sharply.
AVIC Chengfei (302132.SZ): The 'Haolong' cargo spacecraft primarily undertakes cargo missions for the space station.
On May 9, Glodon News reported that AVIC Chengfei (302132.SZ) stated on the investor interaction platform that the 'Haolong' cargo spacecraft primarily undertakes space station cargo missions, and its production and development work is proceeding steadily according to plan.
SpaceX plans to launch the first batch of Starlink V3 satellites in the second half of the year, with the Aerospace ETF Huaxia (159227) rising over 3% and continuously attracting capital for seven days.
Gelonghui, May 8th | In the afternoon, the commercial aerospace sector experienced a broad-based rally. The Universal Aviation ETF Huaxia (159230) rose by 2.41%, while the Aerospace ETF Huaxia (159227) surged strongly by 3.3%. The trading volume reached 447 million yuan, with a turnover rate of 8.71%. It has seen net capital inflows for seven consecutive days, accumulating inflows of 938 million yuan over the past 20 days. The sector's rise is driven by significant investments from overseas giants and domestic policy support alongside frequent launch catalysts: the IPO registration documents of commercial aerospace giant SpaceX reveal that its next-generation 'Starship' rocket project has already exceeded an investment of 15 billion US dollars, with plans for the second half of the year.
Aviation Industry Corporation of China – Chengdu Aircraft Industry Group (302132) Company Review: Strong Year-on-Year Growth in Q1, Strategic Focus on the 15th Five-Year Plan
Event: The company released its 2025 annual report and Q1 2026 results, reporting 2025 net profit attributable to owners of RMB 3.432 billion, up 6.47% year on year. Q1 2026 net profit attributable to owners was RMB 193 million, up 23.16% year on year.
Express News | AVIC Chengfei: Net profit of 3.432 billion yuan in 2025, a year-on-year increase of 6.47%.
AVIC Chengfei (302132.SZ) announced that the company released its 2025 annual report summary, achieving operating revenue of 75.359 billion yuan, a year-on-year increase of 15.84%; net profit attributable to shareholders of the listed company was 3.432 billion yuan, a year-on-year increase of 6.47%. The company proposed to distribute a cash dividend of 3.86 yuan (including tax) for every 10 shares to all shareholders, without issuing bonus shares or increasing share capital through capital reserves. According to financial data, the company’s Q4 net profit was 1.263 billion yuan, while Q3 net profit was 1.256 billion yuan. Based on this calculation, Q4 net profit increased by 0.54% quarter-on-quarter. Analysts’ consensus forecast for Q4 net profit was 1.572 billion yuan, but the calculated Q4 net profit was 1.263 billion yuan, which is below expectations.
AVIC Chengfei: Q1 net profit attributable to the parent company reached 193 million yuan, representing a year-on-year increase of 23.16%.
Gelonghui, April 28 | AVIC Chengfei announced that in the first quarter of 2026, it achieved operating revenue of 5.946 billion yuan, representing a year-on-year increase of 79.71%; net profit attributable to shareholders of the listed company amounted to 193 million yuan, compared with 156 million yuan in the same period last year, reflecting a year-on-year increase of 23.16%; basic earnings per share were 0.0721 yuan.
AVIC Chengdu Aircraft Industry: First Quarter Report for 2026
AVIC Chengdu Aircraft Industry Group: 2025 Annual Report
AVIC Chengdu Aircraft Industry: Summary of the 2025 Annual Report
The intensive verification of reusable rockets is approaching. The Aerospace ETF Huaxia (159227) has attracted capital for seven consecutive days, with inflows exceeding 800 million yuan in the past 20 days.
Gelonghui, April 23 | The commercial aerospace sector continued its recent upward trend today. The Universal Aviation ETF Huaxia (159230) rose by 1.2%, while the Aerospace ETF Huaxia (159227) increased by 1.34%. Since April 8, it has cumulatively risen by 10.68%, with net inflows for seven consecutive days and a total inflow of 8.7 billion yuan over the past 20 trading days. Analysis of market drivers: Intensive industry catalysts and continuous policy support. ①Commercial aerospace enters a critical verification phase: Starting from late April, China’s commercial aerospace sector will enter a dense verification window for reusable rockets, including the anticipated first flight of the Long March 10B on April 28, which will simultaneously verify maritime recovery networks.
AVIC Chengfei (302132.SZ): The company is responsible for the production and development of the 'Haolong' cargo space shuttle.
Gelonghui, April 15th: AVIC Chengfei (302132.SZ) stated on the investor interaction platform that the company is undertaking the production and development tasks of the 'Haolong' cargo spacecraft. Relevant work is proceeding steadily according to plan. The company strictly complies with relevant laws and regulations. If there are any matters that need to be disclosed, it will fulfill its disclosure obligations in strict accordance with the requirements.
Express News | AVIC Chengfei: The six-axis force sensors and other products from Zhonghang Diance have established cooperative relationships with some domestic clients in the robotics field and are gradually achieving bulk supply.
AVIC Chengfei stated on an interactive platform that its core business is the development and production of complete aviation equipment and components, with key products including defense aviation equipment and civil aviation products. Its wholly-owned subsidiary, Zhonghang Diance Instruments (Xi'an) Co., Ltd., focuses on intelligent measurement and control, primarily engaging in the R&D and production of strain gauges, strain sensors, measuring instruments, industrial weighing equipment, and similar products. Currently, Diance's six-axis force sensors, torque sensors, and tension-compression sensors have formed partnerships with some domestic clients in the robotics sector, gradually moving toward mass supply. The company remains committed to its core aviation business while actively expanding into strategic emerging industries and future-oriented sectors. However, the revenue contribution from the aforementioned sensor businesses to the company’s overall earnings remains relatively small at present.
AVIC Chengfei has developed a hybrid hydrogen-powered unmanned aerial vehicle.
Gelonghui, March 25th | According to the Aviation Industry Chengfei, the company's self-developed 'Long-endurance Silent Hybrid Hydrogen-Powered UAV' recently completed its maiden flight, achieving the application of solar-hydrogen-lithium battery 'triple-energy integration' hybrid power technology in low-altitude aircraft.
Express News | Xi'an Instruments Company, under AVIC Chengfei, has increased its registered capital to 1 billion yuan.
According to the Tianyancha App, recently, AVIC Measurement & Control Instruments (Xi'an) Co., Ltd. underwent a change in its business registration, with its registered capital increasing from 180 million yuan to 1 billion yuan. Established in July 2011, AVIC Measurement & Control Instruments (Xi'an) Co., Ltd. is headed by Zhou Yu as its legal representative. The company’s business scope includes the manufacturing of weighing instruments, electronic components, measuring instruments, and industrial robots. Shareholder information shows that the company is wholly owned by AVIC Chengfei.