On December 1st, the three major A-share indices collectively rose, and the commercial aerospace sector became active again. The Aerospace ETF (159227), which focuses on "integrated air-space," opened high and continued to climb. As of 10:36 AM, it gained 2.04%, with real-time turnover exceeding 200 million yuan, firmly ranking first among its peers. Holdings such as Guangqi Technology and Aerospace Development hit the daily limit-up, while Yaguang Technology rose over 7%. Companies like Leidian Weili, Hualichuangtong, Guanglian Hangkong, Shanghai Hanxun, and Aerospace Electronics also followed with gains.

The latest size of the Aerospace ETF (159227) reached 2.108 billion yuan, setting a new record since its establishment and making it the largest aerospace-themed ETF in the entire market.

The "15th Five-Year Plan" for the first time included "building a strong aerospace nation" as a development goal. Recently, the commercial aerospace industry has experienced intensive catalysts. On November 25th, the National Space Administration issued the "National Space Administration Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace (2025-2027)," aiming to achieve efficient synergy in the industrial ecosystem and significant expansion in scale by 2027. Prior to this, the establishment of the Commercial Aerospace Department will effectively integrate relevant functions across multiple departments, signifying that commercial aerospace has been formally incorporated into the track of national standardized management.

Huafu Securities stated that the National Space Administration released the "Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace (2025-2027)" and established a dedicated regulatory body, the Commercial Aerospace Department, accelerating the improvement of the institutional system. The implementation of major projects such as the construction of space data centers, deploying AI computing power in space, and the 15th Five-Year scientific satellite plan will drive breakthroughs in key technologies like spatial computing, satellite networking, and in-orbit manufacturing. On the demand side, the industry benefits from the deepening of civil-military integration, accelerated low-orbit constellation construction, and the expansion of the global space economy. On the supply side, the entire industrial chain benefits comprehensively. The fundamentals of the military industry are expected to recover strongly in 2026, coupled with the centennial goal of military building and growth in military trade, making commercial aerospace a core incremental track.

The Aerospace ETF (159227) closely tracks the Guozheng Aerospace Index, with the Shenwan primary military industry sector accounting for as high as 98.2%, making it the index with the highest "military industry purity" in the entire market. It covers key industrial chain segments such as aviation equipment, aerospace equipment, satellite navigation, and new materials. The constituent stocks are carefully selected leading enterprises in the military field, covering emerging areas like large aircraft development, low-altitude economy, and commercial aerospace, with the concept weight of commercial aerospace accounting for up to 56%.