Xuan Gu Bao·2025-11-05 23:19Group 1: Industry Developments - The Beijing-Tianjin-Hebei region aims to promote the application of over 800,000 new Beidou independent positioning terminal products by 2027, with a total application scale reaching 5 million units across the three regions [1] - The Beidou terminal equipment application in major industries is expected to approach 30 million units by the end of 2024, with transportation being the largest sector, exceeding 13.5 million units [1] - The total shipment of domestic Beidou-compatible chips and modules has surpassed 400 million units, with the total number of Beidou-enabled terminal products exceeding 1.4 billion units, including smartphones [1] Group 2: Market Outlook - Huaxi Securities anticipates a comprehensive upgrade of the Beidou satellite navigation system in the time-space service field, with penetration into both consumer and professional sectors [2] - According to Fangzheng Securities, the Beidou application has entered a critical phase of marketization, industrialization, and internationalization, supported by the development of low-orbit satellite constellations [2] - Zhiyan Consulting projects that by 2025, the scale of Beidou navigation applications in China will reach 441.75 billion yuan, with related industries accounting for approximately 312.14 billion yuan [2] Group 3: Company Initiatives - Haige Communication has signed a strategic cooperation agreement with the Ministry of Transport to deepen the application of the Beidou system in road transport, expanding the market for road transport terminals and services [3] - Huali Chuantong has developed a range of products based on its self-developed Beidou baseband chips, including dedicated Beidou products and solutions for civilian use, as well as inertial and combined navigation products [3]