Goldman Sachs is optimistic about the prospects of Tanyu Telecommunications' low-orbit satellite related business.

On July 16th, Goldman Sachs released a report stating that Tongyu Communications has relevant experience in the field of phased array antennas for low-orbit satellites, has developed a comprehensive product line layout, and entered the key low-orbit satellite constellation supply chain at an early stage. As China's low-orbit satellite constellation construction continues to progress, Goldman Sachs holds a positive outlook on the company's growth prospects in related businesses.