Movement Alert｜Goldwind Technology Rises 6.87% in Regular Trading, Landspace Zhuque-3 Completes Static Fire Test and IPO Resumes Review

Market Focus06-30

On June 30, Goldwind Technology (02208.HK) rose 6.87% in regular trading, trading at HKD 10.57/share, with turnover of approximately HKD 110 million, significantly outperforming its sector peers.

On the news front, Landspace achieved a dual milestone on June 29: its Zhuque-3 reusable Y2 launch vehicle successfully completed a static fire test at the Dongfeng Commercial Aerospace Innovation Test Area, with all systems operating normally and all critical pre-launch ground verifications completed. On the same day, the Shanghai Stock Exchange website confirmed that Landspace's STAR Market IPO has updated its financial filings and resumed review with a status of \"Inquired.\" The updated prospectus disclosed full-year revenue of RMB 52.10 million and a net loss of RMB 1.71 billion.

Goldwind Technology, as Landspace's largest strategic investor holding approximately 10% equity, is drawing market attention for its commercial aerospace optionality. The Zhuque-3 Y2 rocket is expected to attempt a vertical recovery launch in early July, a key milestone for China's reusable rocket development.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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