On October 17, Zhejiang Shengyang Science and Technology (603703.SH) stated on the interactive platform that the company primarily masters the technology of satellite terminal equipment and key components through independent research and development, cooperative investments, etc., reducing reliance on foreign technology, integrating and optimizing the industry chain, and continuously improving the level of localization. In the short term, the company will focus on research and development projects such as Beidou car terminal manufacturing, integration of satellite communication terminal equipment, to promote industrial implementation, laying a foundation for the company's high-quality development. In the long term, based on the overall environment of national security and technology security, the satellite communication industry has vast market space. Innovative products such as "Beidou+" and high-throughput satellite internet, low Earth orbit satellite communication are expected to experience rapid development. The company will focus on communication equipment products and actively expand the satellite communication sector business.