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国星宇航再次递表港交所 发射全球首个由12颗AI智算卫星组成的AI智算卫星星座
Zhi Tong Cai Jing·2025-08-25 23:16

Core Viewpoint - Chengdu Guoxing Aerospace Technology Co., Ltd. (Guoxing Aerospace) has submitted its application to the Hong Kong Stock Exchange for a mainboard listing, with Guotai Junan International as the sole sponsor [1] Company Overview - Guoxing Aerospace is a full-chain participant in China's commercial aerospace industry, focusing on satellites, related services, and space-based solutions. The company leverages commercial aerospace and artificial intelligence (AI) as its core advantages, designing and producing commercial satellites while ensuring stable operation and management [5] - According to Frost & Sullivan, Guoxing Aerospace ranks second among all privately-owned commercial aerospace companies in China in managing the entire value chain of the satellite industry based on 2024 revenue [5] Technological Achievements - The company is a leader in the research, design, and production of AI computing satellites in China. It launched China's first AI application satellite in December 2018 and the first AI computing satellite in February 2024. On May 14, 2025, it successfully launched the world's first AI computing satellite constellation consisting of 12 satellites [5] - As of the last feasible date, Guoxing Aerospace has independently developed six AI payloads, four AI application satellites, and 16 AI computing satellites, successfully completing 14 space missions. The XSD-15 satellite is noted as the world's first satellite to validate AI large models in orbit [5] Financial Performance - For the fiscal years ending December 31, 2022, 2023, 2024, and the six months ending June 30, 2025, the company's revenues were approximately RMB 177.42 million, RMB 508.54 million, RMB 553.47 million, and RMB 241.32 million, respectively. The losses for the same periods were approximately RMB 90.91 million, RMB 139.30 million, RMB 177.17 million, and RMB 192.03 million [6][8] - The increase in revenue from RMB 508.54 million in 2023 to RMB 553.47 million in 2024 represents a growth of 9.0%, primarily driven by increased sales of satellites and related services, reflecting customer recognition of the company's technological advancements, especially in AI computing satellites [6][8]