① With the improvement of China’s aerospace and business area industries, enterprises inside this sector’s worth chain have become the focus of capital market consideration. Many executives from these firms supplied detailed solutions concerning the progress of their related companies, utility eventualities, and core merchandise; ② For the extra mature rail transit enterprise, a number of firms in this discipline are actively increasing into new utility eventualities equivalent to the low-altitude economic system, additional supporting the digital and clever transformation of rail transit by way of technological innovation.
According to the “Science and Technology Innovation Board Daily” on September 3 (Reporter Huang Xiumei), the 2025 semi-annual performance briefing for the aerospace and rail star chain business was held on September 2, with six firms in attendance: Jiakong Technology, Plittech, Aerospace Technology, Hangya Technology, Harbin Railway Technology, and Iron Science Railway.
Reporters from the “Science and Technology Innovation Board Daily” attended the on-line meeting through the Shanghai Stock Exchange Roadshow Center and raised questions on the newest operational progress of the firms in 2025, their future enterprise plans, analysis and improvement investments, latest tasks, terminal market demand, and present business tendencies which might be of curiosity to the market.
Investors are targeted on the utility eventualities and buyer growth in business area.
With the fast improvement of China’s aerospace and business area industries, firms inside this sector’s worth chain have not too long ago become the focus of capital market consideration. Executives from a number of listed firms supplied detailed solutions throughout investor communications concerning the progress of their related companies, utility eventualities, and core merchandise.
When requested about which merchandise or facets have entered the business area discipline, Xue Lei, Chairman and General Manager of the additive manufacturing chief Plittech, said in an interview with the “Science and Technology Innovation Board Daily” that in latest years, China’s business area business has entered a fast improvement part, and steel 3D printing know-how has inherent benefits in processing large-sized, structurally advanced, and high-temperature-resistant parts for business area.
Xue Lei talked about that the typical utility eventualities for business area that the firm is concerned in embody: reusable liquid oxygen-methane rockets, strong launch autos, liquid launch autos, cubic star deployers, experimental satellites, and business communication satellites.
Plittech has assisted a number of business area shoppers, together with Blue Arrow Aerospace, Dongfang Space, Jiuzhou Cloud Arrow, Interstellar Glory, Starry Sky Space, and Tianhui Aerospace, in finishing launch and flight missions, and a number of other business area tasks they’re concerned in have entered mass manufacturing levels.
It is price mentioning that Plater’s utility market for additive manufacturing spans a number of fields, with the client electronics sector and consumer-grade 3D printing gaining market consideration in 2025. Plater has at present collaborated with OPPO in the space of 3D printing.
Xue Lei expressed that steel 3D printing, as a consequence of its light-weight materials functions, high-precision advanced construction manufacturing capabilities, and benefits in personalized manufacturing, has proven huge prospects in the 3C sector. The profitable collaboration with OPPO not solely validates the feasibility of steel additive manufacturing for core parts of foldable screens but in addition offers new concepts for the exact manufacturing of high-end 3C merchandise.
Moreover, throughout the performance briefing, some buyers inquired about Plater’s technological reserves and buyer improvement in chilly plates for 3D printing servers. Xue Lei responded that Plater’s liquid cooling plates can present extra economically affordable modern options for industries equivalent to new power autos, 3C, electromechanical tools, and aerospace.
As a main producer of annular forgings for plane engines, Zhang Hua, Chairman of Aerospace Technology, responded to an investor’s query about “why the delivery pace slowed in the first half of the year” by stating, “This is mainly due to the adjustment of delivery schedules for some domestic aviation clients’ orders.”
“Currently, the company has actively responded by strengthening supply chain collaboration and increasing raw material inventory. Revenue for the second quarter of 2025 has achieved a quarter-on-quarter growth of 16.6%, and the delivery situation is gradually improving,” Zhang Hua said. “The company has sufficient orders on hand, and with the recovery of downstream demand and internal efficiency improvements, the delivery pace is expected to further optimize in the second half of the year.”
Regarding the present improvement standing of the business aerospace sector, Zhang Hua believes that China’s business aerospace energy methods have already made the leap from “single-unit breakthroughs” to “mass production.”
Aerospace Technology has additionally actively established and efficiently developed a number of business aerospace shoppers, together with Tianbing Technology, Landspace, Jiuzhou Yunjian, and Xinghe Power, with income from aerospace forgings in the first half of 2025 exhibiting a year-on-year progress of practically 30%.
“We are optimistic about the long-term development potential of the commercial aerospace market and consider it an important emerging growth area for the company, actively expanding into diversified fields such as semiconductor equipment and deep-sea equipment. In the future, the company will continue to promote diversified layouts, accelerate expansion into overseas markets, and upgrade to intelligent systems, transforming from component processing to a system solution provider, aiming to become a leading enterprise in precision manufacturing of high-end equipment globally,” Zhang Hua talked about.
Yan Qi, the Chairman of Hangya Technology, a developer of key aerospace engine parts and medical orthopedic implants, launched the firm’s newest R&D progress at the performance briefing.
Specifically, the Safran consumer GE9X challenge has accomplished the submission of DVI samples on schedule and can proceed to the mass manufacturing part; concurrently, a new blade challenge has been initiated for analysis and improvement; the developed blade challenge for RR shoppers has steadily elevated its provide quantity, and the ongoing blade tasks are progressing easily as deliberate.
The newly launched tasks at Hangya Technology, together with the Safran rotating components structural parts and associated tasks for worldwide medical orthopedic joint shoppers, are progressively getting into the improvement part; home R&D tasks are progressing easily as deliberate.
In addition, to align with the business reform wave pushed by new supplies and applied sciences, Hangya Technology is actively planning and investing in the manufacturing know-how and industrialization capabilities for new composite materials components. Currently, the firm has preliminarily developed multi-process machining capabilities for precision machining of composite supplies.
Hangya Technology has added electron beam welding capabilities, having accomplished tools and partial product course of validation in the first half of the 12 months. At the similar time, the technical capabilities for floor therapy, fluorescent inspection, and X-ray detection for large-sized fashions have been established.
Rail transportation enterprises are increasing the digital and clever improvement of associated methods.
Gao Chunhai, Chairman and core technical personnel of the total rail transit resolution supplier, Jiao Control Technology, said in an interview with the “Science and Technology Innovation Board Daily” that the firm is making needed strategic investments in the low-altitude economic system sector.
“In the second half of the year, Jiao Control Technology will continue to focus on the scenario-based applications of the low-altitude economy, with an emphasis on the productization and marketization of drones in non-exposed spaces (such as tunnels and underground utility corridors), while deepening the integration of ‘AI + low-altitude’ to enhance the platform’s intelligent capabilities,” Gao Chunhai said.
According to a reporter from the Science and Technology Innovation Board Daily, in 2024, JiaoKong Technology achieved a breakthrough in its low-altitude financial enterprise from “0 to 1”. In the first half of 2025, the firm confirmed income of three.22 million yuan and efficiently gained three low-altitude enterprise tasks, with new contracts amounting to 11.725 million yuan.
Regarding the improvement of extra mature city rail transit companies, Gao Chunhai said that city rail transit, as an essential element of infrastructure development, has undergone vital modifications in business tendencies and calls for after years of fast improvement.
In addition to actively collaborating in new line bidding, JiaoKong Technology will vigorously broaden the market for the renovation and improve of current strains, speed up its worldwide strategic format, and focus sources to advertise challenge implementation in potential markets equivalent to South America, Australia, and Southeast Asia.
It is price mentioning that in April 2024, JiaoKong Technology established a three way partnership firm, Beijing Cheche Lianlian Technology Co., Ltd., to develop a collaborative convoy transportation system for freight vehicles. This technological innovation will probably be instantly utilized in the discipline of sensible logistics, and Gao Chunhai additionally disclosed the newest progress of this challenge at the performance briefing.
“The company obtained an open road testing license for the Yizhuang high-level autonomous driving demonstration area in August 2025, accumulating a testing mileage of 1,000 kilometers. Simultaneously, it began road testing work on expressways in Xinjiang, with a total testing mileage of approximately 10,000 kilometers,” Gao Chunhai said. “In the second half of the year, we will continue to maintain and optimize our investment intensity in the research and development sector. Research and development funding and key promotion efforts will focus on the self-virtual grouping operation system and train control systems for wet rail environments, among other areas.”
Zheng Yantao, chairman of Hada Technology, the know-how innovation platform of the China National Railway Group, said that the firm has targeted on technological innovation in latest years, actively investing in digitalization and intelligence. Currently, achievements have been made in the digital transformation of auto methods, miniaturization upgrades of 5T methods, the institution of a nationwide 5T operation monitoring heart, and the localization of key parts, which have already been mirrored in orders and performance.