According to the Intelligent Financial APP, the first batch of G60 constellation network satellite launch ceremony will be held in Taiyuan on August 5, and the first batch of satellites will be launched into orbit with "one arrow and 18 stars."

According to the plan, the first phase will launch 1,296 satellites (by 2027), and in the future, it will build a network of more than 0.014 million low-orbit wideband multimedia satellites.

The rocket launch heat did not decrease in the first half of the year and is expected to continue to catalyze in the second half of the year. According to Sohu.com, China's space launch reached 30 times in the first half of the year, covering various types of tasks, including commercial and defense. We expect that the GW constellation and G60 satellite constellation will enter a period of intensive bidding and launch in the second half of the year, and the industry will continue to be catalyzed.

The Third Plenary Session decided to issue a statement, proposing that national defense and military modernization are important components of Chinese-style modernization, and once again put forward the goal of "building a strong military in 100 years."

At the same time, it proposed to promote the development policies and governance systems of strategic industries such as aviation and aerospace, accelerate the formation of productive relations that are more adaptable to new and high-quality productive forces, and promote the gathering of various advanced factors of production into new and high-quality productive forces.

After the launch site is completed, technologies such as one arrow and multiple stars and rocket recovery are realized. According to G60 relevant officials in an interview with the Shanghai Securities News, after trying "one arrow and 18 stars" this year and with annual delivery capacity doubling, we will explore "one arrow and 36 stars" and "one arrow and 54 stars" in the future, and finally form the "Qianfan constellation." In June, China's first liquid universal launch position-Hainan Commercial Space Launch Site No. 2 Launch Position-was completed, fully safeguarding launch tasks in the second half of the year.

At the same time, according to CCTV, the Changzheng-6B, Changzheng-8 Improved, and Changzheng-12 are all expected to make their debut flights this year. It is expected that the industry will explode from 1 to 100 soon.

In the short term, as the launch node approaches on August 5th, the commercial aerospace sector will continue to face strong game situations, and at the same time, with the promotion of related marketing by Yuxin, the market's attention to this sector will continue to increase. In the long run, we still suggest paying attention to the trend of the commercial aerospace industry. This sector may usher in an important development opportunity period. With the maturity of the GW constellation and the G60 satellite constellation and the landing of the Hainan Satellite Super Factory construction, rockets and satellites are closely connected, which can effectively reduce satellite manufacturing and launch costs. China's commercial satellite industry development will be further accelerated, and rocket launch capabilities may continue to increase, while satellite launch costs and satellite construction costs may further decrease.

Related companies in the commercial satellite industry chain:

The three major telecommunications operators: China Mobile, China Unicom, and China Telecom

Shanghai Fudan (01385): Fudan Microelectronics, as an FPGA supplier, occupies a core position in the satellite industry chain. FPGA (Field Programmable Gate Array) is one of Fudan Microelectronics' fastest-growing businesses. These chips play a core role in communication satellites because of their software programmability and flexibility. In the satellite manufacturing market, phased array T/R chips are one of the most valuable components in communication satellites. Fudan Microelectronics, as an FPGA supplier, occupies a core position in the satellite industry chain. With China's plan to launch about 13,000 low-orbit satellites, the satellite manufacturing market has huge space, providing enormous market opportunities for companies such as Fudan Microelectronics.

Nanjing Panda Electronics Co. Ltd. (00553): The company is actively laying out core businesses such as satellites. The company's new generation of satellite communication terminal projects includes software and hardware products, which support satellite communication between terminals and are applied in fields such as mobile phones, car-mounted, ship-mounted, and aircraft-mounted. Its subsidiary, Panda Communications, develops and produces timing products and produces them by purchasing Beidou modules for assembly. Its subsidiary, Jinghua Electronics, develops and produces car satellite navigation products, mainly for export business in the ODM model. The company leads the construction of the "Low-Earth-Orbit Satellite Internet Terminal Industry Chain Alliance". Its subsidiary, Panda Communications, won the bid for the new-generation satellite terminal project, with a bid amount of more than RMB 9 million. This equipment can support satellite communication between terminals and is a key step for the company in the field of new-generation satellite communication. It has reached important strategic cooperation with Starsway Semiconductor, whose potential for long-term development is promising. Starsway Semiconductor focuses on 5G/6G communication technology and provides customers with fully integrated baseband chips and solutions for all scenarios on earth and in space. In late 2022, it successfully produced the first version of the 5GeMBB baseband chip CS6810, and launched the broadband satellite phone baseband chip CS7610 and the ultra-wideband satellite terminal baseband chip CS7810 in early 2023. Meanwhile, Starsway Semiconductor also released the Everthink7610 6G broadband satellite baseband chip platform, the Everthink7810 6G ultra-wideband satellite baseband chip platform, and satellite communication solutions, etc.