On December 11, Gelonghui reported that Huaxi's Research Reports pointed out that Guangzhou Haige Communications Group Incorporated (002465.SZ) was selected for the CHINA MOBILE "2024-2025 Integrated Navigation and Guidance Terminal Chip R&D Service Procurement Project," with the expected contract amount of 31.06 million yuan. This victory in the Beidou integrated navigation and guidance chip development procurement further confirms the company's business cooperation and strategic collaboration with CHINA MOBILE in various fields, including the expansion of "Beidou+" industry applications, integrated development of air and space, low-altitude infrastructure construction, integrated vehicle-road-cloud construction, and comprehensive operation and maintenance business expansion. It is believed that the strategic cooperation with operators will continue to deepen, which is expected to facilitate business upgrades in the Beidou and Satellite Internet sectors and enhance the company's relevant resource endowment. As one of the leading manufacturers in the Beidou sector, the company is Bullish on the forward-looking layout of the Satellite Internet and low-altitude economy, maintaining a "Buy" rating.