GOLDWIND (02208) surged 14.52% during the intraday session on Monday, reflecting strong investor optimism.
The rally follows news that the Shanghai Stock Exchange has released detailed rules for commercial rocket companies to apply the fifth set of listing standards on the Sci-Tech innovation board. This development is expected to accelerate the IPO process for leading private commercial rocket companies like LandSpace, in which GOLDWIND holds an 8.3% equity stake.
LandSpace, a pioneer in China's private commercial rocket sector, recently completed a successful maiden flight mission for its Zhuque-3 Yao-1 rocket. The company's technological advancements and policy support have heightened market expectations for its IPO, benefiting GOLDWIND as a key stakeholder.
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