Guanglian Aviation Industry Co Ltd

Guanglian Aviation announced that its controlling subsidiary Tianjin Yuefeng recently received a bid award notice from CNOOC Energy Development. The subsidiary won the bid for the CNOOC Energy Development - Engineering Technology Company customized work barrel body material procurement exclusive agreement bidding project, with a bid amount of approximately 112 million yuan, accounting for about 11.09% of the company's audited operating revenue for 2025. If the project is implemented smoothly, it will have a positive impact on the company's future operating performance.

The Long March 10B carrier rocket successfully completed a controlled first-stage recovery, validating the world-first offshore net recovery technology and marking China as the second country globally to master large-payload reusable rocket technology. Boosted by the news, A-share commercial aerospace stocks surged collectively in the afternoon, with multiple stocks including Hailanxin, Aerospace Huanyu, and Jiayuan Technology hitting their daily limit. Several companies along the industrial chain responded regarding their involvement. Jiu Feng Energy, as the special fuel and gas support unit, exclusively supplied liquid methane for the first time. Tianjin Yuefeng, a subsidiary of Guanglian Aviation, participated in supplying rocket body components. A consortium involving a subsidiary of Hailanxin won the bid for the command and monitoring vessel for this recovery mission. Industry insiders said that the gradual maturation of reusable rocket technology will significantly reduce launch costs and break the industry development bottleneck of having satellites but no rockets, with orders in the commercial aerospace sector increasing notably this year.