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A research report from CITIC Securities pointed out that on September 8th, the Ministry of Industry and Information Technology issued a satellite mobile communication business operation license to China Unicom. The strategic position of the satellite communication industry is highlighted, and the policy direction is clear. At the domestic industry level, high-frequency launches have reached an inflection point. We expect that the subsequent admission of satellite communication business may be promoted in batches and levels, and the issuance of licenses may be accelerated. We recommend focusing on potential satellite communication service providers, including the three major telecom operators, leading central enterprises, private enterprises, as well as investment opportunities in the satellite manufacturing industry chain, launches, ground equipment, and other areas.
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