通信行业周报：新万颗卫星组网计划曝光，中国时空信息集团成立

Investment Rating - The report gives a "Recommended" rating for the telecommunications and electronics industry, anticipating continued high prosperity and performance from related companies [3]. Core Insights - The telecommunications sector experienced a slight decline this week, with the Shenwan Communications index down by 0.73%. However, the overall high prosperity of the industry is expected to continue, leading to positive earnings reports from related companies [3][10]. - A significant satellite constellation plan named "HONGHU-3" has been revealed, which aims to launch 10,000 satellites. This initiative is expected to impact the computing power supply chain and satellite internet sectors positively [4][18]. - The report highlights the performance of individual stocks within the telecommunications sector, with notable increases in stock prices for companies such as Oubit (up 16.08%) and Hengshi Technology (up 13.15%) [3][14]. Summary by Sections Market Overview - The overall market indices showed slight declines, with the Shanghai Composite down 0.07%, the Shenzhen Component down 0.64%, and the ChiNext down 0.74% during the week of May 27 to May 31, 2024 [10]. - Within the telecommunications sector, the highest increase was seen in other communication equipment, which rose by 1.61%, while communication network equipment and devices experienced the largest decline at 2.35% [12][13]. Industry News - The report discusses the establishment of the China Space-Time Information Group, with a registered capital of 4 billion yuan, focusing on satellite navigation and communication services [18]. - LightCounting forecasts that the silicon photonics market will reach $3 billion by 2029, driven by increased demand from AI clusters [21]. - YOLE Group predicts a 45% year-on-year growth in the optical module market for 2024, fueled by demand from major tech companies [23]. Company Announcements - Key announcements from the telecommunications sector include dividend declarations from various companies, such as Ziguang Co. and Haige Communications, with dividends ranging from 1.4 yuan to 21.849 yuan per 10 shares [26][27]. - The report also notes upcoming announcements for the week of June 3 to June 9, 2024, including the lifting of restrictions on certain shares [28].