Group 1 - Cao Cao Mobility is partnering with Geely's company Space-Time Daoyu to launch the "Cao Cao Zhixinghao" satellite, expanding its presence in the smart mobility sector into aerospace [2] - The strategic cooperation was established on July 22, focusing on the application of satellite IoT communication and high-precision positioning technology for the management and operation of autonomous vehicle fleets [2] - Geely Holding Group's chairman, Li Shufu, stated that Cao Cao Mobility will serve as the most important commercial vehicle for Robotaxi, aiming to create a globally leading technology mobility platform [2]

Core Insights - The successful launch of the "Jili Galaxy" painted Jielong-3 rocket on August 9, 2023, marked the deployment of the fourth satellite in the Jili constellation, which includes the "Qianli Haohan" satellite [2] - The Jili constellation, developed by Jili's subsidiary, focuses on building a global low-orbit satellite communication system for various applications, including smart connectivity, marine fisheries, and emergency communications [2][3] - Jili has strategically invested in the satellite industry, becoming the second global automaker after Tesla to develop both vehicles and satellites, initiating the Jili Future Mobility Constellation project [3] Industry Developments - During the Winter Asian Games, Jili's low-orbit satellites provided essential communication support for vehicle management, enhancing safety and operational efficiency [3] - The Jili constellation aims to expand its satellite communication services in emerging markets with weak communication infrastructure, establishing partnerships with telecom operators in over 20 countries [3][4] - The planned increase of in-orbit satellites to 64 within two months will enable global seamless coverage, excluding the polar regions, facilitating advanced autonomous driving technologies [4]

Core Insights - The successful launch of the "Jili Galaxy" painted Jielong-3 rocket on August 9, which deployed 11 satellites including the "Qianli Haohan" satellite into orbit [1] - Jili now has a total of 41 satellites operating stably across 4 orbital planes, collaborating with over 20 telecom operators globally, including those in Oman, Saudi Arabia, Malaysia, and Morocco [1] - The number of satellites in orbit is expected to increase to 64 within two months, completing the first phase of the network, enabling real-time seamless data communication across the globe, except for the polar regions [1] Company Developments - The launch marks a significant milestone for Jili in expanding its satellite constellation and enhancing its communication capabilities [1] - The company aims to provide satellite IoT communication services to global users, indicating a strategic move towards broader market penetration [1]