Core Points - Aerospace Hongtu Information Technology Co., Ltd. signed a significant contract worth 990 million yuan (excluding tax) for satellite and ground system procurement with Client A, with a performance period of 1200 days [1] - This contract marks a major breakthrough for the company in its overseas business, being the first time it has undertaken satellite in-orbit delivery for an international client, and the contract amount is a historical high for a single project [1][2] - The successful execution of this contract is expected to enhance the company's international competitiveness and strategically expand its overseas market presence [1] Financial Performance - Since 2023, the company has been experiencing continuous losses, with a reported revenue of 290 million yuan for the first half of 2025, a year-on-year decrease of 65.63%, and a net profit loss of 248 million yuan, which has further widened compared to the same period last year [1] - The poor performance is attributed to pressures from the macroeconomic environment, leading to adjustments in the company's strategic planning, focusing only on projects with financial backing, resulting in a reduction in business scale [1] - Additionally, the company's revenue from special fields has significantly decreased due to the suspension of military procurement, which has not yet resumed [1]
航天宏图斩获海外9.9亿元合同订单