Commercial Space and Defense Industry Stocks Surge

On July 28, 2025, commercial space concept stocks experienced a significant rally, with several companies witnessing substantial gains. According to reports from multiple financial news sources, including 南方财经 and 每日经济新闻, the stock of Shuobei Technology surged by 20% to reach its 20% price limit. Other companies in the sector, such as Xieche Testing Technology Co., Ltd. (XCTT), also saw notable increases, with shares rising over 10%.

XCTT, listed on the Shenzhen Stock Exchange, is known for its comprehensive testing services, including environmental and reliability testing, electronic component inspection, electromagnetic compatibility testing, and testing equipment sales. As of July 24, 2025, XCTT’s closing price was 57.08 CNY, with a 52-week high of 60.9 CNY on July 7, 2025, and a 52-week low of 28.61 CNY on September 23, 2024. The company’s market capitalization stood at 4,304,400,000 CNY.

In addition to XCTT, other companies such as Bao Yun Xin Cai, Shen Kai, and Zhimingda also experienced upward momentum. Meanwhile, the defense and military industry concept stocks also showed strength, with Jianshe Gongye reaching its price limit and Guangdian Stock rising nearly 9%. Other companies like North China Long Dragon and Guanxiang Technology also saw significant gains.

This surge in both commercial space and defense industry stocks highlights the growing investor interest in these sectors, driven by advancements and increased investments in related technologies and projects.