证券代码：002792 证券简称：通宇通讯 公告编号：2025-067 广东通宇通讯股份有限公司 关于控股股东、实际控制人自愿承诺未来 12 个月内不减持公司股份 的公告 公司控股股东、实际控制人吴中林先生、时桂清（SHI GUIQING）女士保证信 息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 广东通宇通讯股份有限公司（以下简称"公司"）近日收到公司控股股东、实 际控制人吴中林先生、时桂清（SHI GUIQING）女士出具的《关于未来 12 个月内不 减持公司股份的承诺函》，获悉其基于对本公司未来发展前景的信心以及长期投资 价值的认可，拟在未来 12 个月内不主动减持其所持有的公司股份。现将相关情况 公告如下： 一、承诺事项 基于对公司未来发展前景的信心及对公司长期投资价值的认可，为支持公司持 续、稳定、健康发展，增强广大投资者信心，公司控股股东、实际控制人吴中林先 生、时桂清（SHI GUIQING）女士自愿承诺，自承诺函签署次日起 12 月内（即 2025 年 10 月 25 日至 2026 年 10 月 24 日 ...

Core Insights - Tongyu Communication's stock rose by 5.01% on October 24, closing at 19.06 yuan, with a total of 13 block trades amounting to 38.41 million yuan [1][3]. Trading Activity - The first block trade occurred at a price of 16.52 yuan for 122,000 shares, totaling 2.01 million yuan, with a discount rate of -13.33% [1]. - The second block trade also priced at 16.52 yuan involved 242,000 shares, amounting to 3.99 million yuan, maintaining the same discount rate of -13.33% [1]. - Subsequent trades continued at the same price of 16.52 yuan, with varying volumes and total amounts, all reflecting a consistent discount rate of -13.33% [2][3]. - The total trading volume for the 13 block trades was 2.33 million shares, with a cumulative transaction value of 38.41 million yuan [3]. Recent Performance - Over the past five trading days, the stock has increased by 5.54%, while the net outflow of main funds reached 85.10 million yuan [3].

Group 1 - The F5G concept sector leads the market with an increase of 5.93% [1] - Among the top performers, Zhongji Xuchuang rose by 11.11%, Chunqiu Electronics increased by 9.98%, and Changxin Bochuang saw an 8.44% rise [1] - Other notable gainers include Cambridge Technology, Chuling Information, and Tongyu Communication, each rising over 4% [1]

Core Viewpoint - The F5G concept sector is leading the market with a significant increase of 5.93% [2] Company Performance - Zhongji Xuchuang saw a notable rise of 11.11% [2] - Chunqiu Electronics increased by 9.98% [2] - Changxin Bochuang experienced an 8.44% increase [2] - Cambridge Technology and Chuling Information both rose over 4% [2] - Tongyu Communication also saw a rise exceeding 4% [2]

Core Viewpoint - Tongyu Communication has launched its Macro WiFi product, integrating WiFi and satellite communication technologies, and aims to capitalize on the growing satellite communication market [1][2][4] Company Developments - The Macro WiFi product enables connectivity between satellite networks and ground communications, covering a range of two kilometers and supporting over 200 users simultaneously [1] - The product has already secured large-scale orders in markets such as Australia and Southeast Asia, showcasing its commercial value and potential to drive overseas business growth [2] - The company plans to enhance its market expansion efforts for this product [2] Strategic Focus - The release event highlighted the company's strategy in satellite communication, showcasing its product layout in three categories: ground station terminals, satellite communication payloads, and satellite communication terminal applications [2] - Tongyu Communication is committed to advancing its satellite communication business through a combination of technology research and capital investment, with a satellite communication headquarters set to be established in Wuhan by mid-2025 [2][3] - The company is investing in key industry players like Blue Arrow Hongqing and Jingji Communication to build a comprehensive satellite communication ecosystem [2][3] Industry Context - The global low Earth orbit satellite industry is experiencing rapid growth, with satellite communication being a core component of the emerging 6G technology [4] - The national strategy for "new infrastructure" and strengthening aerospace capabilities is providing unprecedented support for the satellite communication sector [4] - Tongyu Communication aims to leverage its technological expertise and strategic planning to contribute to the construction of an integrated air-ground information network in China [4]

Core Viewpoint - Tongyu Communication has launched its Macro WiFi product, showcasing its advancements in satellite communication and positioning itself to capitalize on the growing market opportunities in this sector [1][2]. Company Developments - The Macro WiFi product integrates WiFi and satellite communication technologies, enabling connectivity with satellite networks like Starlink, covering a range of 2 kilometers and supporting over 200 users simultaneously [1][2]. - The product has already secured large-scale orders in markets such as Australia and Southeast Asia, indicating its commercial viability and potential to drive overseas business growth [2]. - The company is focusing on a comprehensive strategy in satellite communication, including ground station terminals, satellite communication payloads, and terminal applications [2][3]. - Tongyu Communication has established a satellite headquarters in Wuhan, set to accelerate the industrialization of satellite communication by leveraging local policies and research resources [2][3]. Industry Positioning - As a pioneer in the satellite internet supply chain, Tongyu Communication has achieved several key technological milestones, including the commercial application of phased array antennas for low Earth orbit satellites [3]. - The company is the only one in the market collaborating with all three major satellite constellation operators, positioning itself favorably as the national satellite internet construction progresses [2][3]. - The global low Earth orbit satellite industry is experiencing rapid growth, with satellite communication being a core component of the emerging 6G technology landscape, presenting significant opportunities for the industry [4].

Core Viewpoint - Tongyu Communication has launched its Macro WiFi product, integrating WiFi and satellite communication technologies, positioning itself to capitalize on the growing satellite communication market [1][2]. Group 1: Product Launch and Innovation - The Macro WiFi product enables connectivity between satellite networks and ground communications, covering a range of two kilometers and supporting over 200 users simultaneously [1]. - The deployment time for the Macro WiFi product is only 1 to 2 days, with costs significantly lower than traditional networks, establishing a high technical barrier in the market [1]. - The product has already secured large-scale orders in markets such as Australia and Southeast Asia, driving growth in the company's overseas business [1]. Group 2: Strategic Focus and Industry Position - The company is focusing on the "integration of air and space" strategy, showcasing its product layout in ground station terminals, satellite communication payloads, and satellite communication terminal applications [2]. - Tongyu Communication is the only company in the market that collaborates with all three major satellite constellation operators, positioning itself for competitive advantage in the satellite communication sector [2]. - The company plans to establish its satellite headquarters in Wuhan by mid-2025, accelerating the industrialization of satellite communication [2]. Group 3: Historical Development and Future Outlook - Since developing the first domestic antenna, the company has remained at the forefront of the industry, continuously innovating its products during the 4G and 5G transitions [3]. - The global low-orbit satellite industry is experiencing rapid growth, with satellite communication being a core component of the 6G technology roadmap, indicating a golden development period for the industry [3]. - The company aims to strengthen its traditional business while increasing investment in emerging fields like satellite communication, supported by national policies promoting infrastructure and aerospace development [3].

Core Insights - Tongyu Communication's stock price decreased by 2.02% on October 16, trading at 18.40 CNY per share, with a market capitalization of 9.659 billion CNY [1] - The company has seen a year-to-date stock price increase of 23.86% and a 4.25% increase over the last five trading days [1] Financial Performance - For the first half of 2025, Tongyu Communication reported a revenue of 533 million CNY, a year-on-year decrease of 2.55%, and a net profit attributable to shareholders of 21.786 million CNY, down 8.90% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 375 million CNY, with 133 million CNY distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased to 53,800, with an average of 6,201 circulating shares per person, reflecting a 3.75% and 2.41% increase respectively [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Penghua Optimal Growth Mixed A, with notable changes in their holdings [3] Business Overview - Tongyu Communication, established on December 16, 1996, and listed on March 28, 2016, specializes in the research, production, and sales of base station antennas, microwave antennas, RF devices, optical modules, and energy exchange cabinets [1] - The company's revenue composition includes base station antennas (57.09%), microwave antennas (22.39%), RF devices (12.77%), satellite communication (4.90%), and others [1] Industry Position - Tongyu Communication operates within the communication equipment sector, focusing on communication network devices and components, and is involved in concepts such as satellite internet, 6G, Beidou navigation, and vehicle networking [1]

Event Overview - The Satellite Application Conference is scheduled to take place from October 25 to 27, 2023, in Beijing, focusing on "Artificial Intelligence and Computing Power Empowering the Satellite Application Industry" [1] - Significant launches in the Chinese space industry are set for October, including the Long March 3B rocket carrying the Fengyun-4 03 satellite on October 26 and the Long March 2F rocket launching the Shenzhou-21 manned spacecraft on October 31 [1] Industry Trends - China's space launch frequency has significantly increased in 2023, with 10 missions executed in September alone, including various military and meteorological satellites [4] - The satellite internet sector has been included in the new infrastructure category since 2020, with supportive policies being implemented [4] - The government aims to develop a "commercial space" growth engine, with plans to enhance satellite communication management by 2030, targeting over 10 million satellite communication users [4] Satellite Constellation Projects - China has applied for over 50,000 low-orbit satellites, with major projects including the China Star Network's "GW Constellation" (13,000 satellites), Shanghai Yuanxin's "Qianfan Constellation" (15,000 satellites), and Blue Arrow Aerospace's "Honghu Constellation" (10,000 satellites) [4] - It is estimated that at least 28,000 satellite launches will need to be completed by 2035, with only 0.6% of this target achieved so far [4] Launch Forecast - The forecasted satellite launch volumes from 2025 to 2034 indicate a gradual increase, with 1,392 launches expected in 2025 and reaching 3,340 launches by 2034 [7] Key Companies in the Satellite Industry - Major companies in the satellite industry include: - China Satellite (600118): Leading domestic satellite manufacturer with strong technical barriers [10] - Shanghai Huguang (603131): Early commercial satellite assembler capable of assembling multiple satellites simultaneously [10] - China Satcom (601698): Leading satellite communication operator with extensive frequency resources [12] - China Telecom (601728) and China Mobile (600941): Early holders of satellite mobile communication licenses [12] - The industry is seeing significant interest from companies involved in satellite internet, with a focus on low-cost solutions for countries along the Belt and Road Initiative [9]

Economic News - The Ministry of Commerce of China has taken countermeasures against five U.S. subsidiaries of Hanwha Ocean Corporation in response to the U.S. investigation into China's maritime, logistics, and shipbuilding sectors [2] - The Chinese automotive industry has seen significant growth in the first nine months of the year, with production and sales reaching 24.43 million and 24.36 million vehicles, respectively, marking year-on-year increases of 13.3% and 12.9% [2] - The China Nuclear Group has made significant progress in key technologies for magnetic confinement nuclear fusion energy extraction, establishing a research platform for liquid metal and helium gas working fluids [2] Company Insights - ZTE Corporation has completed testing for 5G-A cellular passive IoT technology, achieving a 100% success rate in inventory success for both single and multiple tags [4] - CATL has established a new five-year strategic cooperation with Dongfeng Commercial Vehicle, focusing on electric vehicle technology development and market expansion [4] - Tongyu Communication has entered the low-orbit satellite supply chain and received overseas orders, aiming to enhance its capabilities in satellite-ground collaboration [4] Daily Research - The report indicates that external shocks have limited impact on the market, with the A-share market maintaining a mid-term upward trend despite recent volatility [5] - The report suggests a dual mainline investment strategy, emphasizing the importance of the technology sector while also considering cyclical sectors like military, pharmaceuticals, and new energy [6] Satellite Internet Industry - The report reviews the development of SpaceX's Falcon 1 rocket, highlighting the importance of engine components and testing services in the commercial space industry [8] - The Merlin 1A engine is identified as a core component of the Falcon 1 rocket, with the combustion chamber being critical for its performance [9] - The report emphasizes the significance of extensive testing in achieving a high success rate for rocket launches, with SpaceX achieving a 97.76% success rate across its missions [12] Investment Strategy - The report recommends focusing on domestic suppliers of rocket engine components and testing services as promising investment opportunities in the commercial space sector [13] - Specific companies highlighted include Srey New Materials and Guoji Precision Engineering as key players in the rocket engine supply chain [14]