[The performance of the commercial aerospace concept segment is differentiated, and the supporting links are the first to be realized] September 22nd, in mid-September, the commercial aerospace field completed multiple successful launches one after another, and the high-density network launch rhythm directly boosted market sentiment. Wind data shows that the commercial aerospace concept sector was active on September 21. The Wind Commercial Aerospace Concept Index rose 1.31%, and many constituent stocks rose. People believe that the commercial aerospace sector is shifting from concept-driven to order-driven, and the realization of industrial profits is gradually unfolding in differentiation. Upstream supporting companies were the first to benefit from the increase in orders brought about by the accelerated speed of constellation networking, while the overall integration and data application performance of the midstream and downstream sectors was under pressure. As recyclable rocket technology enters the deep-water area of ​​engineering verification, the investment logic of the sector is switching from event-driven to performance-based, and orders are accelerating to be concentrated in companies with clear supporting slots. (China Securities Journal)