LiJian-2's first flight and orbit insertion successful, satellite sector continues to see rising attention

As of 11:14 a.m. on March 31, Efund Satellite ETF (563530) rose by more than 3.5% at one point. In individual stocks, Re-raise Technology (603601.SH), Juli Rigging (002342.SZ), and Sword Darts Co., Ltd. (002361.SZ) hit the daily limit. Aerospace Electronics (600879.SH), China Satellite (600118.SH), and Aerospace Development (000547.SZ) also followed suit. Positive news for the satellite industry theme has been concentratedly released in the recent period; capital deployment sentiment has warmed up, and ongoing attention to the sector has continued to rise.

In terms of the news, at 19:00 on March 30, CASC Aerospace successfully conducted the maiden launch of the Lijian-2 rocket and achieved successful orbit insertion. This maiden mission serves national major strategies and major engineering construction. The rocket’s payload capacity in a 200-kilometer near-Earth orbit (LEO) is 12 tons. It currently uses the non-recoverable YF102 engine developed by the Sixth Academy. After switching to the company’s self-developed Lijian-2 engine, it will enable recoverable and reusable operations.

The Lijian-2 can support a variety of missions, such as low-cost cargo transport and the deployment of low-orbit satellite constellations. As its chief commander Yang Haoliang explained, under the non-recovery mode, the cost per launch is 30,000 yuan per kilogram, which is basically on par with SpaceX’s Falcon 9 launch cost per launch. After enabling recovery, costs are expected to drop to about half of SpaceX’s. Its successful maiden flight will effectively accelerate the process of building our satellite constellations into networks and will help drive the satellite industry’s faster development.

To seize opportunities for growth in the satellite industry, you may consider Efund Satellite ETF (563530). The ETF tightly tracks the CSI Satellite Industry Index and has three core advantages: first, a high weighting on the index’s application end, aligning with the long-term development trend of the industry, offering ample room for growth imagination, and ensuring resilience; second, a high concentration of leading companies—at the early stage of industry development, leading firms are more likely to benefit; third, broader coverage across the industrial chain, allowing investors to fully capture the industry’s beta returns and providing a convenient one-stop channel to invest in the satellite industry. **