2 1 Shi Ji Jing Ji Bao Dao·2026-01-21 08:05Core Viewpoint - The recent successful launch of satellites by major banks in China, including China Merchants Bank and Shanghai Pudong Development Bank, signifies a strategic shift towards utilizing satellite technology for enhancing financial services and risk management in the banking sector [1][2][3]. Group 1: Satellite Launches and Their Purpose - China Merchants Bank and Shanghai Pudong Development Bank have joined Ping An Bank in launching satellites, indicating a trend among banks to leverage space technology for business needs [2][4]. - The satellites are part of the "Tianqi Constellation," which aims to provide global coverage and enhance communication capabilities, thereby improving data transmission and supporting more devices [4][5]. - The "Zhaoyin Jinkui" satellite launched by China Merchants Bank is designed to enhance the density of the satellite constellation and reduce revisit intervals, which will significantly improve global communication capabilities [4][5]. Group 2: Business and Risk Management Enhancements - Banks are utilizing remote sensing satellite technology for precise monitoring of collateral and project progress, which enhances post-loan management efficiency and reduces credit risk [3][7]. - The integration of satellite technology into financial risk control systems allows banks to monitor real-time data from various sectors, addressing information asymmetry in lending [7][8]. - For instance, China Merchants Bank has implemented a high-precision construction monitoring system for mortgage projects, achieving over 95% accuracy in monitoring construction progress [8]. Group 3: Applications in Supply Chain and Disaster Recovery - Satellite technology is crucial for expanding supply chain finance by providing timely and effective data transmission, especially in remote areas where traditional communication may fail [9][10]. - In extreme scenarios, such as natural disasters, satellite communication ensures business continuity for banks by maintaining service availability when ground networks are disrupted [11][12]. - The banks' involvement in satellite launches also aligns with national strategies, enabling them to support the commercial space industry while enhancing their service offerings [12][13]. Group 4: Broader Industry Implications - The trend of banks launching satellites is not limited to a few institutions; it is gradually permeating various banking operations, enhancing risk management capabilities across sectors like agriculture and logistics [13][14]. - The adoption of satellite remote sensing technology is becoming a standard practice in the banking industry, reflecting a shift towards innovative financial services that integrate advanced technologies [14].