Goldwind Science & Technology Co., Ltd. saw its shares rise more than 7% in afternoon trading. As of the time of writing, the stock was up 5.49%, trading at HK$15.37 with a turnover of HK$731 million. The catalyst for the movement includes the upcoming inaugural Shanghai Commercial Aerospace Conference and Exhibition, scheduled for March 12-14 at the Shanghai New International Expo Centre. Additionally, SpaceX is advancing its initial public offering plans. As a leading global player in commercial spaceflight and satellite internet, SpaceX's IPO is expected to provide a significant valuation benchmark for the industry. It was noted that Blue Arrow Aerospace previously submitted a draft listing application to the STAR Market, revealing that Jianghan Asset Management, a subsidiary of Goldwind, holds a 4.14% stake in Blue Arrow Aerospace, making it the sixth-largest shareholder. Daiwa Capital Markets previously indicated that Goldwind's potential investment gains could support its short-term earnings performance, and combined with SpaceX's proposed IPO, this may drive a significant revaluation of the company.