Robotics - Nvidia has launched a new computing platform, Jetson Thor, designed for physical AI and robotics developers, which includes the Jetson AGX Thor developer kit and the Jetson T5000 production module [1] - The platform aims to reduce reliance on cloud services by enabling multiple generative AI models to run simultaneously on edge devices [1] - The Chinese government has issued guidelines to promote the integration of AI across various sectors, targeting a penetration rate of over 90% for new intelligent terminals and entities by 2030, which is expected to support the development of embodied intelligent robots [1] Rare Earth - Northern Rare Earth reported a significant increase in half-year performance, with revenue reaching 18.866 billion yuan, a year-on-year growth of 45.24%, and net profit soaring by 1951.52% to 931 million yuan [2] - Prices for major rare earth products have risen by over 100,000 yuan per ton since August, driven by strong demand in the domestic permanent magnet industry [2] - The Chinese government has implemented total control measures for rare earth mining and processing, which is expected to further boost prices and profits in the sector [2] Quantum Computing - Beijing Boson Quantum Technology has established China's first large-scale dedicated optical quantum computer manufacturing facility in Shenzhen, expected to produce dozens of optical quantum computers annually [3] - The quantum computing industry is transitioning from laboratory research to commercial applications, with significant growth anticipated between 2025 and 2030, potentially reaching a market size of hundreds of billions of dollars [3] - China's "14th Five-Year Plan" prioritizes quantum technology, indicating potential breakthroughs in quantum communication and optical quantum computing [3] Satellite Internet - The Ministry of Industry and Information Technology has issued guidelines to promote the development of the satellite communication industry, including direct satellite connections for mobile devices and the establishment of satellite internet systems [4] - The satellite communication market in China is projected to exceed 200 billion yuan by 2025, with a compound annual growth rate of over 20% [4] - The integration of satellite communication with 5G and IoT is expected to reshape the global communication landscape, supported by government policies and funding [4] Digital Publishing - The digital publishing industry in China is projected to reach a record revenue of 1.748536 trillion yuan in 2024, marking an 8.07% increase from the previous year [5] - Key growth areas include digitalization of books and periodicals, as well as significant revenue increases in online gaming, online education, and web comics [5] - Technological innovations such as AI, blockchain, and VR/AR are driving the industry's evolution, with China positioned to become a leader in the global digital publishing market [5] Gallium Nitride (GaN) - Huawei and Shandong University have achieved a breakthrough in high-voltage power electronic devices by developing a 1200V vertical GaN-on-Si MOSFET, which offers a cost-effective solution for kilovolt-level power electronic systems [6][7] - This innovation is expected to accelerate the adoption of GaN devices in sectors such as electric vehicles, photovoltaic energy storage, and 5G communication [6][7] - The global GaN device market is projected to reach $6 billion by 2030, with a compound annual growth rate of 31.2% [7]

卫星智慧船舶加速应用，展现强劲增长潜力 2025年上半年，公司卫星通信运营服务业务表现抢眼，收入实现持续增长，达到9345.63万元，为公司 整体发展注入强劲动力。 在激烈的市场竞争中，子公司海卫通凭借卓越的产品质量与优质服务能力，商船客户规模保持稳中有进 的良好态势。随着商用卫星行业快速发展，海卫通积极构建高中低轨卫星网络泛在接入能力，精准满足 客户不断提升的网络连接需求。 为培育新的增长引擎，公司持续加大智慧商船应用领域研发投入，全力创新完善智慧海洋船岸云一体化 SeaCube（海基）平台。目前，该平台已顺利完成多艘船舶的功能测试与性能验证，正加速在客户群体 中推广应用，不仅带动连接船舶设备数量快速增长，还实现了应用服务的高效上架。 值得关注的是，工信部近期将向三家基础电信运营商正式颁发卫星互联网牌照，这一政策利好有望加速 国内低轨卫星落地，撬动更大的市场需求，同时也将助力公司更好地拥抱国内低轨卫星，有效降低使用 成本。 未来，海卫通将以卫星通信技术为坚实基石，深度融合AI与边缘计算能力，为智慧航运、资源开发等 海洋产业提供实时数据支撑与智能化解决方案，助力构建陆海联动、高效安全的海洋产业新生态。 铁塔及 ...

CANADA - 2025/05/24: In this photo illustration, the EchoStar Corporation (Echo Star) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesEchoStar's stock climbed 70% on August 26, 2025, after the company revealed a $23 billion spectrum sale to AT&T for 50 MHz of nationwide spectrum. This deal provides a crucial lifeline for the heavily indebted company, which carries about $30 billion in total d ...

（原标题：激发商业航天创新活力，工信部五方面推动卫星通信产业发展） 21世纪经济报道见习记者冉黎黎 北京报道 我国商业航天创新活力将进一步被激发。 8月27日，工业和信息化部发布《关于优化业务准入促进卫星通信产业发展的指导意见》（以下简称 《指导意见》）。 《指导意见》要求，以优化业务准入为牵引，丰富应用场景，培育技术产业，优化资源供给，提升治理 能力，充分释放我国卫星通信产业发展潜力，加快构建规范有序、协同发展、优势互补、合作共赢的卫 星通信产业发展格局，巩固提升我国信息通信业竞争优势和领先地位。 《指导意见》提出目标，到2030年，卫星通信管理制度及政策法规进一步完善，产业发展环境持续优 化，各类经营主体创新活力充分迸发，基础设施、产业供给、技术标准、国际合作等综合发展水平显著 提升，手机直连卫星等新模式新业态规模应用，发展卫星通信用户超千万，推动卫星通信充分融入新发 展格局，有力服务经济社会高质量发展。 工业和信息化部有关负责同志就《指导意见》回答记者提问时表示，《指导意见》紧扣新发展理念，从 体现有序发展、创新发展、规模发展、协同发展、合规发展五个方面推动卫星通信产业高质量发展。 其中，在体现创新发展 ...

Core Viewpoint - The recent surge in interest surrounding satellite internet in China is driven by two main events: the rapid deployment of satellites by China Star Network and the anticipated issuance of satellite internet licenses to major telecom operators [1][19]. Group 1: Satellite Internet Development - China Star Network has accelerated its deployment of satellites, launching 38 satellites in 21 days, indicating a significant increase in the pace of its GW constellation deployment [1]. - The anticipated issuance of satellite internet licenses could include major players such as the three major telecom operators, China Star Network, and Shanghai Yuxin [1][26]. - The current landscape for satellite internet is challenging, with a low probability of success due to high costs and technical difficulties associated with low Earth orbit (LEO) satellite constellations [3][10]. Group 2: Historical Context and Technological Challenges - The development of satellite communication in China began in earnest after the Wenchuan earthquake, leading to increased investment in satellite communication technologies [4]. - China's first high-throughput satellite, Zhongxing 16, was launched in 2017, with subsequent satellites achieving higher capacities, such as Zhongxing 26, which has a capacity exceeding 100 Gbps [5]. - The operational logic and technology of LEO constellations differ significantly from medium and high orbit satellites, requiring a large number of satellites for global coverage [8][9]. Group 3: Economic and Strategic Considerations - The cost of maintaining a LEO constellation is substantial, and commercial viability is crucial for sustaining operations, especially given the need for continuous satellite replenishment [10][18]. - The establishment of China Star Network is partly driven by the need for a domestic satellite constellation, similar to the Beidou system, to enhance national capabilities in satellite communication [17]. - The demand for satellite communication is increasing due to the digital transformation of society and the need for coverage in remote areas, as well as for emergency and defense applications [14][15][16]. Group 4: Regulatory and Market Dynamics - The upcoming satellite internet licenses are linked to the first-class basic telecommunications business, indicating a move towards commercial operations in satellite internet [25]. - The three major telecom operators are unlikely to develop large-scale LEO constellations but may focus on specific services using medium and high orbit satellites [26]. - The success of domestic satellite constellations will depend on technological advancements, funding, and support from the national level and the industry chain [26].

卫星通信产业，迎来政策支持！ 8月27日下午消息，工信部印发《关于优化业务准入促进卫星通信产业发展的指导意见》（以下简称《指导意见》）。其 中提出，支持低轨卫星互联网加快发展，针对低轨卫星通信应用适时开展商用试验，带动产业链上下游协同创新，实现 全球范围内宽带网络覆盖。 支持电信运营商通过与卫星企业共建、共享等模式，深入挖掘天通、北斗等高轨卫星应用潜力，推动手机等终端设备直 连卫星加快推广应用，为广大地面移动通信用户提供基于卫星的话音、短消息业务。《指导意见》还提出，研究设立新 型卫星通信业务，进一步扩大向民营企业开放。 工信部近日印发《关于优化业务准入促进卫星通信产业发展的指导意见》，提出到2030年，卫星通信管理制度及政策法 规进一步完善，产业发展环境持续优化，各类经营主体创新活力充分迸发，基础设施、产业供给、技术标准、国际合作 等综合发展水平显著提升，手机直连卫星等新模式新业态规模应用，发展卫星通信用户超千万，推动卫星通信充分融入 新发展格局，有力服务经济社会高质量发展。 《指导意见》围绕促进卫星通信产业高质量发展，从有序扩大市场开放、持续拓展应用场景、培育壮大产业生态、优化 电信资源供给、加强卫星通信 ...

Group 1 - Cambricon reported a revenue of 2.881 billion yuan for the first half of the year, a year-on-year increase of 4347.82%, with a net profit of 1.038 billion yuan, marking a turnaround from losses [2] - The AI industry chain showed strong performance, with Shenghong Technology's net profit increasing by 366.89% and Zhongji Xuchuang's net profit rising by 69.40% in the same period [2] - The State Council released the "Artificial Intelligence +" action plan, which is expected to benefit the development of the AI industry [2] Group 2 - East Pearl Ecology announced a major asset restructuring plan involving the acquisition of Kaier Xingtong, leading to a temporary suspension of its stock [2] - The stock market experienced a significant drop, with the Shanghai Composite Index falling by 1.76%, attributed to market reactions to Cambricon's stock performance surpassing Kweichow Moutai [2] Group 3 - The Japanese government bond market faced a sell-off, with the 10-year bond yield reaching its highest level since October 2008, driven by expectations of increased bond issuance and potential interest rate hikes [4] - China National Petroleum Corporation plans to acquire a gas storage company for approximately 40.016 billion yuan, which includes multiple gas storage facilities [5] Group 4 - A total of 14 individuals were sentenced for infringing on Huawei's chip technology, with the estimated value of the stolen technology reaching 317 million yuan, highlighting the importance of protecting commercial secrets [5]

Core Viewpoint - The article emphasizes the importance of cash flow over valuation during financing, suggesting that limited funding encourages deeper reflection on the essence of business [1]. Group 1: Event Overview - The event led by Wu Shichun will take place from September 21 to 23, focusing on exploring innovative growth engines in Sichuan Luzhou [1][5]. - Participants will engage in a deep immersive learning experience, covering topics from technological innovation to commercialization strategies [9][17]. Group 2: Investment Insights - Wu Shichun anticipates investing no less than 1.5 billion in the second half of the year [4]. - The event aims to connect entrepreneurs with key industry players and investors, fostering collaboration and problem-solving [9][19]. Group 3: Target Industries - The event will cover various sectors, including robotics, smart manufacturing, low-altitude economy, satellite communication, and AI applications [19][21][23]. - Participants will gain insights into capital trends and the core logic behind successful ventures in these high-demand sectors [9][17].

新华社北京8月27日电（记者周圆）记者27日从工业和信息化部获悉，日前印发的《关于优化业务准入 促进卫星通信产业发展的指导意见》提出，到2030年，卫星通信管理制度及政策法规进一步完善，手机 直连卫星等新模式新业态规模应用，发展卫星通信用户超千万。 工业和信息化部信息通信管理局一级巡视员王鹏介绍，当前，卫星互联网发展势头迅猛，手机、汽车、 无人机等直连卫星创新探索活跃，卫星通信正在由专业领域向大众领域快速普及延伸，有望形成新的经 济增长点。意见以优化业务准入为切口，全面系统部署丰富应用场景、培育技术产业、优化资源供给、 提升治理能力等工作。 意见提出，有序扩大市场开放，支持低轨卫星互联网加快发展；深入挖掘天通、北斗等高轨卫星应用潜 力，推动手机等终端设备直连卫星加快推广应用；组织开展卫星物联网商用试验。持续拓展应用场景， 促进卫星通信在应急通信等领域的应用；进一步提高我国网络覆盖水平，助力电信普遍服务。 此外，意见还要求，加强组织领导和统筹协调，加强资金保障，支持企业开展国际交流合作，提升全球 服务能力，鼓励我国卫星通信服务"走出去"。（完） 意见明确，培育壮大产业生态，持续开展卫星通信关键核心技术攻关和产品 ...

中国卫通集团股份有限公司 第三届董事会第二十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 中国卫通集团股份有限公司（简称"公司"）第三届董 事会第九次会议于 2025 年 8 月 27 日以通讯方式召开，公司 于 2025 年 8 月 19 日以通讯方式发出了会议通知。本次会议 应出席的董事九名，实际出席的董事九名。会议的召开符合 《中华人民共和国公司法》等有关法律法规和《中国卫通集 团股份有限公司章程》的规定，所做决议合法有效。 二、董事会会议审议情况 证券代码：601698 证券简称：中国卫通 公告编号：2025-046 本议案已经公司第三届董事会审计委员会第十三次会 议、第三届董事会第十二次独立董事专门会议审议通过，董 事会审计委员会、独立董事对该议案发表了同意意见。 （二）审议通过《中国卫通关于航天科技财务有限责任 公司的风险评估报告》 详细情况见与本公告同时刊载于上海证券交易所网站 （www.sse.com.cn）的《中国卫通关于航天科技财务有限责 任公司的风险评估报告》。 ...