Commercial aerospace companies are seeing continued growth in orders across multiple sectors, further accelerating the industry into a period of scale development and performance realization.

Today is the 11th China Aerospace Day. Currently, our country's commercial aerospace industry has formed a complete industrial chain layout of "rockets, satellites, networks, terminals, and testing", with over 600 companies in the sector. Commercial aerospace enterprises, represented by Shanghai, are focusing on satellite manufacturing, rocket supporting, satellite applications, and other fields, with orders continuously increasing. The industry is accelerating into a phase of scale development and performance realization. Wei Ran, general manager of a satellite manufacturing company in Shanghai, mentioned that they plan to launch around 18 satellites in 2026 and over 50 satellites in 2027. Currently, the orders are already scheduled until 2028. The company's revenue in 2025 was around 50 million yuan, and with the current development, there is hope for it to double to around 100 million yuan in 2026. Currently, there are over 800 commercial satellites in orbit in China, with orders throughout the whole industrial chain exceeding one trillion yuan, and some enterprises have production schedules until 2027 to 2029. Meanwhile, commercial aerospace companies are also accelerating their embrace of the capital market. In 2025, the industry's total financing amount was around 18.6 billion yuan, a 32% increase from the previous year. Currently, over ten companies in the industry have initiated the IPO process, covering areas such as rockets and satellite manufacturing.