Economic Observation Network Ruichuang Micro Nano (688002) rose on August 31st with the rise of the commercial aerospace sector, supported by breakthroughs in Earth Moon communication and Shanghai's industrial policies.

Reasons for stock price fluctuations:
The sharp rise in Ruichuang Micro Nano today directly catalyzed the overall strength of the commercial aerospace sector. On August 31, the satellite ETF rose by more than 2% in the session, of which Ruichuangwina, as one of the core targets of satellite Internet, rose with the sentiment of the sector 。

Current status of industry policies:
On August 26th, the Chinese Academy of Sciences announced the first achievement of bidirectional high-speed laser communication (downstream 100Mbps) over a distance of over 400000 kilometers between the Earth and the Moon, which directly benefits key supporting industries such as inter satellite laser links and spaceborne phased array antennas On August 26, Shanghai separately listed "commercial aerospace and satellite Internet" as the key direction, clearly accelerating the networking of "Qianfan Constellation" and the development of new rockets, providing policy certainty for the sector 。

The above content is based on publicly available information and does not constitute investment advice.