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(Original title: "Ten consecutive boards" Tengda Technology was hyped by hot money, and the nut manufacturer is actually the leader in commercial aerospace?)

Because ofCommercial SpaceflightConcept "climbing" relationship, mainly producing fastenersTenda Technology(001379.SZ) has become the focus of recent market speculation and has now recorded ten consecutive daily limit increases.

As of the close of August 2, Tenda Technology closed up 10.01% after falling in the morning, at 32.76 yuan per share, with a turnover rate of 53.19%. While achieving ten consecutive gains, the cumulative increase reached 157.34%, making it a super monster stock in the market recently.

According to public information, Tengda Technology is headquartered in Tengzhou, Shandong, and its main business isbolt, nuts,Screw、washerThe company is engaged in the research, development, production and sales of stainless steel fastener products such as bolts, nuts, screws, washers, screws, pins, retaining rings, rivets, keys and assemblies. The company is one of the major manufacturers in the global stainless steel fastener industry and was listed on the Shenzhen Stock Exchange in January this year.

Interface News noted that since the start of the rise in Tenda Technology's stock price on July 22, the company has issued several announcements on unusual trading movements and risk warnings, stating that the company's production and business activities are normal and that no major changes have been found in the internal and external business environment recently.

On the evening of August 1, Tenda Technology once again issued an announcement stating that the company's stock price has risen significantly in the short term, but the company's fundamentals have not changed significantly. There may be irrational speculation, and there may be a risk of the stock price falling after a sharp rise.

Tenda Technology said that the company's main business is the research and development, production and sales of stainless steel fasteners such as bolts, nuts, screws, washers, etc. Fasteners are a general term for components used to connect and fasten various parts. They have a wide range of applications and are called "industrial rice". In terms of sales model, the company currently adopts the method of mainly selling through traders and supplemented by direct sales to end users.As of now, the company has no direct supply to commercial aerospace customers.

From the news perspective, commercial aerospace concept stocks have continued to be active recently.

It is reported that the launch ceremony of the first batch of networking satellites of the "Thousand Sails Constellation", the Chinese version of the "Starlink" project, will be held in Taiyuan on August 5. The constellation plans to realize the networking of more than 14,000 low-orbit broadband multimedia satellites. It is expected that at least 108 satellites will be launched this year, and 648 satellites will provide regional network coverage by the end of 2025, and 648 satellites will provide global network coverage by 2027.

Guotai Junan Research Report said that commercial aerospace, as an important direction of new quality productivity, is shifting from the introduction stage to the growth stage, and policy support is expected to promote its rapid development. With SpaceX's valuation of US$210 billion, the domestic market size is expected to reach trillions of yuan, and investment advice focuses on state-owned operators and private manufacturers.

Wang's research report from Orient Securities further pointed out that the upstream of the commercial aerospace industry chain includes raw materials, rocket manufacturing and satellite manufacturing; the midstream includes satellite launches and ground equipment manufacturing; and the downstream is mainly satellite operations and services. Downstream applications can generally be divided into navigation, communications and remote sensing applications. In addition, there are emerging applications such as manned spaceflight, space exploration and aerospace education.

Interface News noted that on February 29 this year, Tenda Technology stated on the Interactive Yi platform that "the company's products are mainly stainless steel fasteners, among which high-temperature alloy and special alloy fasteners are used in aerospace engineering."Subsequently, the company was labeled as a commercial aerospace company by the outside world.

According to information on Tenda Technology's official website, the company uses independently developed innovative processes to produce more than 10,000 standard and non-standard fastener product specifications. Its product application areas also include the aerospace field. It is a qualified supplier of China National Nuclear Corporation and one of the top 100 suppliers in China's petrochemical industry.

Against this background, Tenda Technology, which had been listed on the Shenzhen Stock Exchange only half a year ago, became the focus of market speculation and was even dubbed the "leader in commercial aerospace" for a time.

From the data of the Dragon and Tiger List on August 2, it can be seen that Tengda Technology was mainly speculated by hot money. Among them, the Lhasa branch of Oriental Fortune occupied four of the top five buying seats, and the seat used by the well-known hot money Chen Xiaoqun, "Suzhou Liuyuan Road Securities Branch of East Asia Qianhai Securities Co., Ltd.", bought 7.8939 million yuan.

In terms of selling, Oriental Fortune Lhasa Branch occupied three of the top five selling seats. In addition, the seat used by the well-known hot money Zhao Lao Ge, China Galaxy Securities Co., Ltd. Shaoxing Securities Branch, bought 5.8676 million yuan and sold 11.7866 million yuan, with a net sale of 5.9190 million yuan.

In response to the market speculation on the company's stock, how to evaluate the outside world's view of the "leader in commercial aerospace", and the proportion of revenue from products used in the aerospace field, Interface News called and sent a letter to Tenda Technology, but no response was received as of press time.

Talking about Tengda Technology, which has been on the rise for ten consecutive days, Zhan Lin, a private equity fund manager in Jinan, told Jiemian News:As a relatively new stock that has just landed on the A-share market, the company currently has only 50 million shares in circulation, which also provides opportunities for market speculation.Considering the company's main business, the "ten consecutive boards" are not a normal reaction to the company's fundamentals, but a reflection of irrational market sentiment speculation. Investors should guard against the risk of a pullback brought about by a reversal of market sentiment.

It is worth mentioning that it is not difficult to find from the interactive platform that since its listing for more than half a year, Tenda Technology has been asked by investors many times whether it involves hot concepts. In addition to aerospace, it also includes humanoid robots, artificial intelligence, low-altitude economy, Huawei cars, etc.