According to the Huatai Securities Research Report, according to official information from the China Aerospace Science and Technology Corporation, at 12:15 on July 10, the Long March 10B carrier rocket was launched at the Hainan commercial space launch site. After the first and second stages of the rocket were separated for about 6 minutes, the first sub-stage transferred to the return process. It successively completed taxiing posture adjustment, power deceleration, pneumatic deceleration, and landing capture, and finally fell accurately between the networks of the offshore platform. The successful first-level rocket recycling means that China Aerospace has moved from a “disposable rocket” to a “reusable rocket,” laying the foundation for China's commercial space to move to a low-cost, high-frequency round-trip capability between heaven and earth. Huatai Securities believes that domestic recyclable rocket technology has achieved a historic breakthrough from 0 to 1. With the continuous advancement of recyclable technology in the future, multi-type recyclable rockets are expected to enter the launch stage of normalization and flight, and the cost reduction effect and increase in launch frequency brought about by recyclable rockets will benefit the entire space industry and drive the rapid development of China's aerospace industry. It is recommended to focus on investment opportunities in the space sector.

According to the Huatai Securities Research Report, according to official information from the China Aerospace Science and Technology Corporation, at 12:15 on July 10, the Long March 10B carrier rocket was launched at the Hainan commercial space launch site. After the first and second stages of the rocket were separated for about 6 minutes, the first sub-stage transferred to the return process. It successively completed taxiing posture adjustment, power deceleration, pneumatic deceleration, and landing capture, and finally fell accurately between the networks of the offshore platform. The successful first-level rocket recycling means that China Aerospace has moved from a “disposable rocket” to a “reusable rocket,” laying the foundation for China's commercial space to move to a low-cost, high-frequency round-trip capability between heaven and earth. Huatai Securities believes that domestic recyclable rocket technology has achieved a historic breakthrough from 0 to 1. With the continuous advancement of recyclable technology in the future, multi-type recyclable rockets are expected to enter the launch stage of normalization and flight, and the cost reduction effect and increase in launch frequency brought about by recyclable rockets will benefit the entire space industry and drive the rapid development of China's aerospace industry. It is recommended to focus on investment opportunities in the space sector.