Zhitong Finance App News, Tongyu Communications (002792.SZ) issued an announcement. Recently, Tongyu Satellite Communications (Hubei) Co., Ltd. (“Hubei Tongyu”), a wholly-owned subsidiary of the company, participated in the state-owned construction land use rights online listing sale event organized by the Xianning Natural Resources and Planning Bureau's online trading system. With its own capital of RMB 4.81 million, Hubei Tongyu won the right to use state-owned construction land with parcel number G (2024) 01 listed on the Xianning High-tech Zone. The land use rights in this auction are to plan the business site requirements for future business development, which is in line with the company's development strategy and the interests of all shareholders.