MYSE(SH:601615) Xin Jing Bao·2026-01-14 11:00Core Viewpoint - The renewable energy sector, particularly in the context of space photovoltaics, is finding new opportunities amid challenges, with companies like Mingyang Smart Energy making strategic acquisitions to enter this emerging market [1] Group 1: Company Developments - Mingyang Smart Energy announced plans to acquire Zhongshan Dehua Chip Technology Co., which specializes in high-end compound semiconductor technology and space energy systems [1] - The acquisition is seen as a strategic move to position Mingyang in the space photovoltaic sector, which is gaining traction [1] - The stock of Mingyang Smart Energy hit the daily limit up on the announcement day, indicating positive market sentiment [1] Group 2: Industry Trends - The global satellite launch rate has seen a compound annual growth rate of 34% over the past decade, with projections indicating over 4,300 launches by 2025 [2][3] - Space photovoltaics, which involves using solar panels on satellites to provide clean energy, is becoming increasingly vital as it accounts for 20% to 30% of satellite manufacturing costs [2] - The demand for solar wings, which are critical for satellite energy, is expected to expand significantly due to payload upgrades [2] Group 3: Market Potential - The Chinese government has recognized commercial aerospace as a strategic emerging industry, supporting the growth of space photovoltaics [3] - The market for satellite photovoltaic cells is projected to reach 328.8 billion yuan by 2035-2040, representing a potential growth of over 30 times compared to the short-term market [5] - Long-term projections suggest that the market could reach 5.6 trillion yuan, providing ample opportunities for new battery technologies like perovskite [6]