通信行业：卫星互联网催化不断，提示相关投资机会

Investment Rating - Industry rating: Overweight (maintained) [1] Core Viewpoints - The satellite internet industry is experiencing rapid development driven by national policies, technological advancements, and market demand, presenting significant investment opportunities [1] - Key focus on companies such as Shanghai Hanxun, Haige Communication, and Zhenyou Technology [1] Summary by Relevant Sections Recent Events - On November 9, 2024, Zhuzhou Space Star Satellite Technology Co., Ltd. successfully launched 4 satellites using the Long March 2C rocket, achieving mission success [1] - On November 6, 2024, the China Aerospace Information and Satellite Internet Innovation Alliance was established in Xiong'an New Area, Hebei [1] - On November 5, 2024, Brazil expressed interest in introducing Chinese satellite internet service providers, with negotiations ongoing for a memorandum of understanding [1] Investment Highlights - The 4 satellites launched are X-band radar remote sensing (X-SAR) satellites, designed for high-resolution on-orbit imaging and capable of global monitoring tasks [1] - The establishment of the China Aerospace Information and Satellite Internet Innovation Alliance aims to enhance collaboration and innovation in the aerospace information sector [1] - The potential entry of Shanghai Yanshin Satellite Technology Co., Ltd. into the Brazilian market is noteworthy, with plans for a satellite constellation of over 15,000 low-orbit satellites by 2030 [1]