华西证券：商业航天加速推动，卫星互联网应用有望加速落地

Core Viewpoint - The acceleration of commercial aerospace development in China is expected to promote the widespread adoption of applications such as mobile direct satellite connections and Beidou messaging services [1] Group 1: Industry Development - The satellite network is considered a foundational element for the construction of 6G networks, aligning with current standards and timelines for 6G development [1] - Since August, relevant authorities have indicated plans to issue satellite internet licenses, marking a significant step towards commercial operations in China's satellite internet sector [1] - The issuance of these licenses is anticipated to drive the entire industry chain towards accelerated scaling [1] Group 2: Market Opportunities - The rapid development of satellite internet is characterized by regular satellite launches, which enhance communication capacity and reduce latency [1] - There is potential for quick implementation of applications such as mobile broadband direct satellite connections and low Earth orbit satellite network-linked intelligent driving systems [1] - Continuous recommendations are made for companies benefiting from satellite communication and satellite IoT sectors [1]