消息称我国低轨卫星通信系统进入公测阶段，卫星互联网应用侧市场有望加速打开

Industry Insights - China's low Earth orbit (LEO) satellite communication system has entered the public testing phase, with expectations to achieve consumer-level satellite networking in the second half of the year, providing connectivity in areas without network coverage [1] - The trend of direct satellite connectivity for terminal devices has gained global attention, with significant advancements in product and service availability [1] - By April 2025, China Telecom, in collaboration with major brands like Huawei, Xiaomi, and Samsung, plans to launch 30 models of smartphones that support direct satellite connectivity, marking a shift from a "professional field" to a "mass consumer market" for satellite communication [1] - The year 2025 is identified as a critical turning point for the explosive growth of the satellite internet terminal market, with expectations of increased satellite launches and reduced manufacturing and launch costs [1] - The G60 satellite constellation has successfully launched 90 network satellites across five batches, while the GW constellation has launched three batches, indicating ongoing high-density launches [1] - The application of satellite technology is expanding internationally, with commercial developments in countries like Brazil and Thailand, and Huawei's MateX6 supporting low Earth orbit satellite connectivity [1] Company Highlights - Putian Technology is recognized as the "national team" in satellite internet, benefiting from its significant background and expected deepening collaborations, positioning it for important opportunities in the satellite internet trend [2] - Shaanxi Huada produces electrical connectors and interconnection products applicable across various aerospace fields, including high and low orbit satellites, manned spacecraft, and deep space exploration [2]