CHINA SATCOM(SH:601698) Xin Hua She·2025-06-20 14:38Core Viewpoint - The successful launch of the Zhongxing 9C satellite marks a significant advancement in China's satellite broadcasting capabilities, leading to the complete domestication of broadcasting and live transmission satellites in the country [2][3]. Group 1: Satellite Launch and Capabilities - On June 20, China successfully launched the Zhongxing 9C satellite using the Long March 3B rocket, which has now entered its designated orbit [2]. - The Zhongxing 9C satellite enhances regional coverage and strengthens the satellite broadcasting business, becoming a crucial part of the public cultural service system in broadcasting and television [2][3]. - The satellite's capabilities allow families in remote areas, such as high-altitude pastures and fishing boats, to access information through a satellite antenna [2]. Group 2: Development and Progress - Since 2017, China Satcom has initiated the second-generation upgrade and replacement project for broadcasting transmission and live satellites, with the Zhongxing 9C satellite replacing the imported Zhongxing 9 satellite [3]. - The development of domestic satellites has progressed from initial experimental communication satellites to fully domesticated broadcasting satellites, showcasing the efforts of researchers [3]. - Key components of the satellites, such as batteries and power distribution units, have been successfully domesticated, breaking monopolies and achieving self-sufficiency [3]. Group 3: Current Operations and Coverage - Currently, China Satcom operates over 200 standard-definition television programs, nearly 100 high-definition programs, 3 ultra-high-definition programs, and around 400 radio programs through its satellites [4]. - The satellite broadcasting transmission tasks have effectively expanded the available scarce satellite orbital frequency resources in China [4].