Group 1 - The article discusses the acceleration of low Earth orbit (LEO) satellite constellation construction in China, driven by the scarcity of orbital and frequency resources [2] - LEO satellites offer advantages such as reduced power attenuation, lower communication latency, and simplified terminal design compared to geostationary orbit (GEO) satellites [2] - Major domestic satellite projects include "Guowang" (12,992 satellites), "Qianfan" (over 15,000 satellites), and "Honghu-3" (10,000 satellites), all with phased launch plans [2] Group 2 - Leading waterproof companies like Yuhong, Beixin, and Keshun have initiated a new round of price increases for engineering products, following a previous price hike for consumer products [3] - The collective price increase among leading companies is seen as a strategy to recover prices amid a backdrop of industry "anti-involution," although current demand remains weak [3]
【建筑建材】周专题：轨道频谱稀缺驱动竞赛，国内低轨星座建设步入加速期——建材、建筑及基建公募REITs周报（孙伟风）
光大证券研究·2025-07-07 08:34