The research reports from China International Capital Corporation point out: 1) Satellites are an ideal technical means to complement the wide-area coverage capability of the existing communication system, and an integrated communication system between space and Earth is a key feature of the next generation of communication technology. 2) The domestic satellite development model is gradually transitioning, and commercial space forces are expected to accelerate the layout process of low-orbit internet. 3) Direct mobile connections based on low-orbit satellites are expected to be substantially implemented, the satellite internet application end may see another upgrade, the domestic progress is expected to accelerate, Huawei is expected to start crowdsourcing in 2025, possibly indicating that our country's corresponding low-orbit satellite internet engineering process will also accelerate, satellite manufacturing and launch demand is expected to be released gradually. 4) Multiple reusable commercial rockets are planned to be launched in 2025, the launch phase is expected to undergo a new round of capacity expansion, reusable rockets are expected to significantly reduce launch costs, thus providing a solid foundation for the commercial aerospace industry represented by low-orbit satellite internet.