China Securities Co., Ltd. research reports state that the launch vehicle reflects the national space technology level and has significant global strategy meaning. The demand for launch vehicles is booming due to space missions such as satellite constellation construction, manned moon landing, deep space exploration, and there is a vast market space. Recently, China's new generation of manned moon landing rockets, Long March 10, successfully completed a sub-level rocket power system test, and key rocket launch end technologies continue to break through. The Asia-Pacific 6E communication satellite was successfully orbited, and the satellite internet industry continues to expand. In terms of international commercial space, SpaceX plans to build another spacecraft base, and the United States FAA and NASA are evaluating. Ariane 6 is scheduled to make its first flight on July 9th, which may end Europe's rocket crisis. With both the mission and funding support, rocket launch companies Blue Origin, SpaceX, and ULA have secured a $5.6 billion contract with the US Space Force.