The CITIC Securities Research Report said that on July 10, the Long March 10B carrier rocket successfully flew for the first time, completing the world's first controlled recycling of the first sub-grade marine network system of a rocket, which is a key milestone in the development of commercial aerospace industrialization in China. The success of this recyclable launch mission is expected to drastically reduce China's satellite launch costs, thereby speeding up the satellite networking process. The capital expenditure brought about by this is expected to spawn huge investment opportunities. In the future, it is necessary to focus on the field of private recyclable commercial rockets. It is recommended to focus on the verification of recycling technology for recyclable commercial rocket companies and the large-scale implementation progress of satellite manufacturing capacity expansion. At the same time, it is recommended to focus on the IPO process of private commercial space companies in 2026-2027.

The CITIC Securities Research Report said that on July 10, the Long March 10B carrier rocket successfully flew for the first time, completing the world's first controlled recycling of the first sub-grade marine network system of a rocket, which is a key milestone in the development of commercial aerospace industrialization in China. The success of this recyclable launch mission is expected to drastically reduce China's satellite launch costs, thereby speeding up the satellite networking process. The capital expenditure brought about by this is expected to spawn huge investment opportunities. In the future, it is necessary to focus on the field of private recyclable commercial rockets. It is recommended to focus on the verification of recycling technology for recyclable commercial rocket companies and the large-scale implementation progress of satellite manufacturing capacity expansion. At the same time, it is recommended to focus on the IPO process of private commercial space companies in 2026-2027.