China Satellite Communications (601698.SH) announced on June 24 that the company recently reached a consensus with the insurance underwriter on the compensation plan and signed a 'Liability Release Agreement'. It was confirmed that China Satellite Communications can receive an insurance claim payment of $32,217,422 for the Zhongxing-6C satellite from the insurance underwriter, which accounts for about 66% of the company's net income attributable to the parent company in the previous year audited. The insurance underwriter will pay the claim amount according to the agreed compensation schedule, and the company will carry out corresponding accounting treatments in accordance with the 'Enterprise Accounting Standards'.
中国卫通(601698.SH)：可从保险承保商获得中星6C卫星的保险理赔款为3221.7万美元
China Satellite Communications (601698.SH): The insurance compensation for Zhongxing-6C satellite can be obtained from the insurance underwriter in the amount of 32.217 million US dollars.
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