Top 10 Most Profitable Commercial Aerospace Companies in A-shares:

​1. Xiamen Tungsten
First quarter net profit of 1.107 billion yuan, up 189.14% year-on-year, mainly engaged in aerospace special metals and tungsten-molybdenum materials, a core supplier of rocket and satellite structural components
​2. Han’s Laser
First quarter net profit of 354 million yuan, up 116.59% year-on-year, mainly engaged in aerospace precision laser processing equipment, serving satellite and rocket component mass production
​3. Phili Hua
First quarter net profit of 144 million yuan, up 36.77% year-on-year, a leader in aerospace quartz materials, supporting satellite optical component manufacturing
​4. Ouke Yi
First quarter net profit of 204 million yuan, up 2560.71% year-on-year, a leader in aerospace precision cutting tools, supplying rocket engine and satellite structural component processing fields
​5. Boyun New Materials
First quarter net profit of 132 million yuan, up 13,362% year-on-year, specializing in rocket carbon/carbon throat liners and thermal protection materials, exclusive supplier for Kuaizhou and Blue Arrow
​6. Xinwei Communications
First quarter net profit of 105 million yuan, up 35.35% year-on-year, with core products including onboard RF antennas and satellite communication terminals, suitable for low Earth orbit constellation construction
​7. Hangyu Technology
First quarter net profit of 56 million yuan, up 31.65% year-on-year, mainly engaged in aerospace forgings, focusing on precision manufacturing of rocket engines and satellite structural components
​8. Aerospace Electronics
First quarter net profit of 52 million yuan, up 12.18% year-on-year, mainly engaged in aerospace high-reliability connectors and relays, a core supporting enterprise in aerospace electronics
​9. China Satcom
First quarter net profit of 27 million yuan, down 61.9% year-on-year, a leading domestic commercial satellite operator, plans for high-throughput satellite networking business
​10. Songsheng Shares
First quarter net profit of 15 million yuan, up 42,653% year-on-year, mainly engaged in satellite power management and ground power supply for rockets, a core power supplier for low Earth orbit satellites
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