Highlights of the morning meeting of securities firms | Satellite industry's related targets are expected to enter a period of rapid growth

Yesterday, the market surged and fell back, with the three major indexes showing mixed movements. The ChiNext Index and the Shenzhen Component Index turned green successively. The trading volume of the Shanghai and Shenzhen markets was 1.71 trillion, a decrease of 73.6 billion from the previous trading day. In terms of sectors, silicon, battery, and consumer electronics sectors led the gains, while Hainan, film and television theaters, and AI applications sectors led the declines. At the close of yesterday, the Shanghai Composite Index rose by 0.29%, the Shenzhen Component Index fell by 0.25%, and the ChiNext Index fell by 0.44%. At today's securities morning meeting, Huatai pointed out that satellite industry-related targets are expected to enter a period of rapid growth; Central China stated that the "anti-insular" trend is accelerating market clearance, focusing on leading companies in the segmentation of the photovoltaic industry; Tianfeng proposed that the rapid development of the Chinese medical beauty market has great growth potential for the four major sectors. Huatai: Satellite industry-related targets are expected to enter a period of rapid growth Huatai believes that as China's reusable rockets become more mature and launch capabilities increase, it will lead to a continuous decrease in launch costs, which is conducive to satellite companies increasing capacity and accelerating network construction, shortening the production and launch cycle of satellites. Therefore, satellite industry-related targets are expected to enter a period of rapid growth. Central China: "Anti-insular" trend accelerates market clearance, focus on leading companies in the photovoltaic industry Central China stated that the photovoltaic industry will enter a period of sustained capacity clearance by 2026. The impact of measures such as product price sales strategy revolving around the "anti-insular" trend, corporate mergers and acquisitions, increasing industry access thresholds, and improving product quality standards will gradually become apparent. The competitive landscape and industrial chain ecology of the photovoltaic industry are expected to optimize, and the performance of existing photovoltaic companies will gradually improve. Public funds have a low allocation to the photovoltaic sector, and low valuations and improvements in supply and demand conditions are expected to attract more capital allocation. Maintain an industry rating of "stronger than the broader market." It is recommended to focus on positioning around leading companies in the sub-industry. Specific areas to focus on include energy storage inverters, polycrystalline silicon materials, photovoltaic glass, and leading integrated component manufacturers. Tianfeng: Rapid development of the Chinese medical beauty market, large growth potential for the four major sectors Tianfeng stated that the Chinese medical beauty market is developing rapidly, with the light medical beauty sector becoming increasingly popular among Chinese consumers. From the perspective of penetration rate, the Chinese medical beauty market still has a lot of room for improvement compared to mature markets. Looking at the subdivision sectors of medical beauty, the injection class, optoelectronic equipment class, slimming/plastic class, and medical beauty services all have large growth potential. A strong regulatory environment has accelerated the industry's survival of the fittest, guiding the medical beauty market towards a healthier and more orderly development track. This article is reprinted from "Cailianshe", GMTEight editor: Liu Jiayin.