算力卫星与金穹系统，低轨卫星基础设施加速落地

Investment Strategy - The launch of computing satellites will enhance the regenerative relay capabilities within China's satellite system, with expectations for low-orbit satellite measurement capabilities to exceed forecasts in the second half of the year. The "Star Computing" plan aims to establish a network of 2,800 computing satellites, achieving a total computing power of 1,000 POPS [10][11] - The U.S. has announced the "Iron Dome" space-based missile defense system, which will further highlight the strategic value of orbital resources. This system, costing approximately $175 billion, aims to integrate with existing missile defense capabilities and will consist of thousands of small satellites for missile detection and interception [11][12] - The infrastructure for satellite internet is expected to see significant development opportunities as multiple reusable rockets are set for test flights this year, and the Hainan commercial launch base is undergoing expansion. The anticipated launch cost for the "Zhuque-3" rocket is projected to reach 20,000 RMB per kilogram, with future costs potentially dropping below 10,000 RMB per kilogram [12][13] Industry News - The Ministry of Industry and Information Technology (MIIT) has issued a plan to achieve standardized interconnectivity of public computing resources across the country by 2028, with a complete system of standards and rules expected by 2026. This initiative is anticipated to create development opportunities for China's computing infrastructure [14] - Eight government departments, including the Ministry of Commerce, have launched an action plan to establish a replicable model for smart supply chain development by 2030, which will enhance the resilience and competitiveness of supply chains through the integration of AI, IoT, and blockchain technologies [15] - The MIIT and other departments have developed a digital transformation implementation plan for the electronic information manufacturing industry, aiming for a significant increase in digitalization and intelligent upgrades by 2027, with over 85% of key processes expected to be numerically controlled [16] - The National Data Bureau is working on policies to cultivate a unified national data market, which aims to enhance the marketization and value realization of data elements, thereby supporting high-quality economic development [18] Weekly Review and Focus - The communication sector saw a 1.84% increase from May 26 to June 1, outperforming major indices such as the Shanghai Composite Index, which fell by 0.03%. Key sectors like satellite navigation and low-altitude economy showed significant gains [19][21] - The focus for the upcoming week includes investment opportunities in domestic computing and satellite internet companies such as Cambricon, Haiguang Information, ZTE, and Unisoc [23]