Commercial aerospace sector surges at market open with volatility, Xinjing just hit 20cm limit up

The commercial aerospace sector experienced initial volatility and a rally at the opening. Xinjin just hit the 20cm limit-up, Guanglian Aviation and Yitong Century rose over 10%, ZaiSheng Technology and Aerospace Electronics hit the daily limit-up, while Guanghe Technology and Tianma New Materials followed suit. On the news front, this year’s government work report states, “Implement industrial innovation projects, encourage central and state-owned enterprises to lead the opening of application scenarios, and develop emerging pillar industries such as integrated circuits, aerospace, biomedicine, and low-altitude economy,” and “Accelerate the development of satellite internet.”