Genew(SH:688418) Zheng Quan Shi Bao Wang·2025-06-12 14:46Group 1 - The company plans to raise up to 1.069 billion yuan through a private placement to fund satellite internet communication product R&D and industrialization projects, as well as all-optical network system R&D and industrialization projects [1] - The satellite internet communication product project has a total investment of 709 million yuan and a construction period of three years, focusing on developing technologies and products for ground core network systems, onboard core networks, and satellite intelligent terminal devices [1] - Approximately 80% of land and 95% of ocean areas lack mobile communication network coverage, highlighting the advantages of satellite communication in providing services to remote areas [1] Group 2 - The all-optical network system project has a total investment of 360 million yuan, focusing on the development of AI-enabled 50G PON systems and 400G/800G OTN optical transmission systems [2] - The global optical communication market is expected to grow steadily, with the GPON market projected to reach 43.464 billion yuan in 2024 and 60.091 billion yuan by 2030 [2] - The company has expanded its market presence in Southeast Asia, South Asia, the Middle East, and Africa, with a compound annual growth rate of 58.17% in overseas revenue from 2022 to 2024 [3]