Financial Data and Key Metrics Changes - Operational EBITDA increased by 6% to $122.1 million, driven by recurring commercial services and engineering support revenue [38] - Service revenue rose by 4% to $127.5 million, led by growth in IoT and Iridium PNT [38] - Voice and data revenue grew by 2% to $55.9 million, reflecting subscriber growth in telephony services [39] - Commercial IoT revenue increased by 11% to $43.8 million, attributed to a two-year contract with the largest IoT partner [39] - Revenue from commercial broadband decreased by 6% to $12.9 million, due to the conversion of primary customers to lower usage plans [42] - Hosting and other data services revenue rose by 7% to $14.9 million, with optimism for P&T services following the acquisition of Satellis [43] Business Line Data and Key Metrics Changes - Engineering and support revenue reached $37.5 million, up from $30.4 million in the prior year, driven by contracts with the U.S. government [45] - Subscriber equipment sales totaled $23.1 million, down from the previous year's high but tracking expected levels [44] - Government service revenue modestly increased to $26.8 million, reflecting a step-up in EMSS contracts with the U.S. government [43] Market Data and Key Metrics Changes - The company anticipates double-digit growth in commercial IoT for 2025, driven by ongoing demand for personal satellite communications [48] - The government business is expected to generate full-year revenue of $108 million in 2025 due to the EMSS contract [49] Company Strategy and Development Direction - The company is focusing on expanding its partner ecosystem and leveraging its unique satellite capabilities to address market needs, particularly in IoT and PNT [21][30] - Iridium plans to mitigate tariff impacts through strategic partnerships and logistics adjustments, maintaining its market position without passing costs to customers [16][110] - The company is optimistic about growth in P&T services, especially with increasing vulnerabilities in GPS systems [30][43] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience during economic shocks, citing past performance during the 2008 recession and the 2020 pandemic [17][92] - The geopolitical environment is expected to remain volatile, but the company believes it is insulated from significant impacts [34][82] - Future growth is anticipated in the IoT market, with new services like Iridium NTN Direct expected to drive revenue growth through the end of the decade [27][35] Other Important Information - The company plans to increase its quarterly dividend to 15 cents per share starting in Q3 2025, reflecting confidence in business prospects [53] - Capital expenditures are expected to rise in 2025 to support work with 5G standards [54] Q&A Session Summary Question: Impact of tariffs on subscriber growth and service revenue - Management indicated it is too early to determine the long-term effects of tariffs on subscriber growth and service revenue, noting that demand remains stable [58][60] Question: Changes in government subscriber numbers - The decrease in government subscribers was attributed to a government cleanup activity rather than specific funding cuts [62][64] Question: Future pricing actions - Management confirmed plans for smaller, more frequent price increases rather than large increases every few years, which will take effect in the second half of the year [66][68] Question: Revenue from directed device plans - Initial revenues from directed device services are expected to come from IoT roaming, with a ramp-up anticipated towards the latter part of the decade [70][72] Question: Update on aviation services - Aviation services are growing, with ongoing flight trials for certification, but significant revenue growth is not expected until early next year [85][87] Question: Government exposure in the business - Management estimated that government-related revenue constitutes about 20% of the business, with a relatively small portion coming from civil applications [98] Question: Pricing mechanics for P&T services - Management highlighted the unique value of Iridium's P&T services in providing reliable global coverage, especially in environments with GPS vulnerabilities [100][104]

Group 1 - Starry Link has successfully completed Pre-A+ and A round financing, with funds aimed at satellite communication payload R&D and low Earth orbit satellite networking [1] - The company has raised funds from notable investors including Meihua Venture Capital and Liangxi Science and Technology Innovation Fund [1] - Starry Link has initiated a new round of financing to further enhance technology R&D, product mass production, and satellite data applications [1] Group 2 - Starry Link focuses on satellite internet, providing communication satellite payload system design and related product solutions, and has advanced capabilities in satellite-ground integrated communication network R&D [1][2] - The company has developed the fourth generation of satellite base stations and second generation routing products, achieving significant upgrades in functionality and compatibility with evolving standards [2] - The company has successfully conducted domestic tests for satellite routing that meet 3GPP 5G NTN standards, and has delivered projects for China Mobile [2] Group 3 - Starry Link is planning to deploy an integrated intelligent payload constellation called "Pingtian Constellation," which will utilize remote sensing and IoT communication for multi-dimensional data perception [3] - The company is actively aligning with national strategic requirements, focusing on satellite communication payload system design and exploring new models for satellite internet applications [3] - The commercial aerospace sector is recognized as a "new growth engine" in government reports, with plans for strategic development by 2025, which aligns with Starry Link's objectives [3]

美国国会山从来都不缺"股神"。除了众所周知的前众议长、民主党人南希·佩洛西,就任众议员才三个多 月的共和党人罗布·布莱斯纳汉、"特朗普铁粉"、共和党籍众议员玛乔丽·泰勒·格林也在近期关税政策导 致的美股震荡中频繁进行股票交易。今年1月美媒曾爆出多名2024年股票市值涨幅超过100%的国会议 员,通过立法玩转股票交易,早已是国会山心照不宣的"生财之道"。 主笔 王晓莹 他当选前后 竟是"两张面孔" 布莱斯纳汉来自宾夕法尼亚州,去年3月竞选国会众议员期间,他曾怒批"政客利用职务炒股令人作呕",并 称这是美国民众对政客失去信任的关键原因。当时,他向选民承诺,当选众议员后将与其他同僚共同发起 提案,禁止议员炒股。 然而,履职三个多月后,布莱斯纳汉迅速加入了"前辈"的队伍。旨在追踪美国国会议员股票交易的网站 Capitol Trades的数据显示,布莱斯纳汉在上任仅两个多月时就进行了264笔股票交易,涉及金额高达近270 万美元。他买入了价值170万美元的股票,抛售的股票金额高达303万美元,这样的交易总量让他成为国会 山"最忙的"股票交易者之一。 而且,作为国会众议院交通与基础建设委员会成员,布莱斯纳汉拥有大量卡特彼 ...

声明显示：巴西电信监管机构授权马斯克的Starlink在巴西新增7500颗卫星运营。 ...

Core Viewpoint - The company, Huali Chuangtong, plans to raise up to 450 million yuan through a private placement to enhance its research and industrialization capabilities in the satellite sector amid the rapid development of China's commercial aerospace industry [2][5]. Fundraising and Investment Plans - Huali Chuangtong intends to issue shares to no more than 35 specific investors, with the net proceeds allocated to projects including the development and industrialization of radiation-resistant onboard computing processing equipment and multi-mode satellite communication SOC chips [4][5]. - The company aims to strengthen its industry position by consolidating its "chip + module + terminal + platform + system solution" framework in satellite applications [5]. Financial Performance - Huali Chuangtong has experienced unstable profitability, reporting losses in 2021 and 2022, but returned to profitability in 2023 with over 10 million yuan [2][7]. - The company forecasts a net loss of between 98 million and 136 million yuan for 2024, primarily due to project delivery issues and increased credit loss provisions [7][8]. Historical Context - This fundraising marks Huali Chuangtong's first equity financing plan in nearly three years, following a previous private placement in July 2022 that raised approximately 324 million yuan [5][6]. - The company has not issued a dividend plan in its annual reports for three consecutive years from 2021 to 2023 [3][10]. Project Development and Revenue - As of the end of 2024, the company has invested approximately 97.94 million yuan in the Beidou + 5G integrated terminal baseband chip development project, achieving a construction progress of 69.96% [6]. - The Beidou + 5G project has generated sales of approximately 55.74 million yuan and 50.44 million yuan in 2023 and 2024, respectively, with cumulative benefits reaching 106 million yuan by the end of 2024 [6].

Core Viewpoint - The company Huazhong Technology (华力创通) plans to issue A-shares to specific investors, aiming to raise up to 450 million yuan for various projects and working capital [1][2]. Group 1: Share Issuance Details - The share issuance will target up to 35 specific investors, including securities investment funds, securities companies, and qualified foreign institutional investors [1]. - The issuance will be conducted through a competitive bidding process, with the price set at no less than 80% of the average trading price over the previous 20 trading days [1]. - The total number of shares issued will not exceed 30% of the company's total share capital prior to the issuance [1]. Group 2: Fund Utilization - The total investment for the projects is approximately 598.78 million yuan, with the raised funds allocated as follows: - 113 million yuan for radiation-resistant module-based satellite computing equipment [3] - 90 million yuan for multi-mode satellite communication SOC chip development [3] - 112 million yuan for a global multi-mode navigation system project [3] - 135 million yuan for working capital [3]. Group 3: Ownership and Control - As of the announcement date, the actual controller, Gao Xiaoli, holds 108,866,400 shares, representing 16.43% of the total share capital [4]. - Post-issuance, Gao Xiaoli's shareholding is expected to decrease to 12.64%, but measures will be taken to avoid any change in control [4]. Group 4: Previous Fundraising and Financial Performance - In a previous issuance, the company raised approximately 330 million yuan, with a net amount of about 324 million yuan after expenses [5]. - The company anticipates a net loss of 98 million to 136 million yuan for the year 2024, a significant decline compared to a profit of 17.62 million yuan in the previous year [6].

证券代码：300045 证券简称：华力创通 公告编号：2025-005 北京华力创通科技股份有限公司 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 北京华力创通科技股份有限公司（以下简称"公司"）于 2025 年 3 月 31 日在 公司会议室以现场加通讯表决的方式召开了第六届监事会第八次会议。会议通知 于 2025 年 3 月 27 日以电子邮件及电话方式送达给全体监事。本次会议应到监事 本次会议的召集和召开符合《公司法》《深圳证券交易所上市公司自律监管 指引第 2 号——创业板上市公司规范运作》和《公司章程》的有关规定。 二、监事会会议审议情况 经全体监事讨论后形成如下决议： （一）审议通过《关于公司符合向特定对象发行 A 股股票条件的议案》 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券 发行注册管理办法》等法律、法规及规范性文件的有关规定，对照上市公司向特 定对象发行股票的条件，监事会经过对公司实际情况及相关事项进行自查论证， 认为公司符合上市公司向特定对象发行股票的资格和条件。 表决结果：同意 5 票，反 ...

4月1日，中国卫通（601698）发布2024年年报，公司实现营业收入25.41亿元，同比下降2.85%；归属于 上市公司股东的净利润4.54亿元，同比增长30.31%。尽管净利润增长显著，但扣非净利润仅为2.32亿 元，同比下降13.94%，显示出公司核心业务盈利能力有所下滑。此外，公司拟向全体股东每10股派发 现金红利0.323元，总计派发1.36亿元，占归母净利润的30%。 市场开拓取得进展，但收入结构仍需优化 中国卫通在2024年加强了市场营销精细化管理，数字化营销平台上线试运营，探索卫星互联网产品租赁 模式。报告期内，公司在广电市场、行业市场和国际市场均取得了一定进展。例如，新增Ka高通量卫 星网络接入节点近2000个，流量收入大幅增加；在非洲新增4条卫星专线，为当地矿业、能源企业提供 卫星互联网接入服务。 然而，尽管市场开拓取得进展，公司收入结构仍需进一步优化。2024年营业收入同比下降2.85%，显示 出公司在多元化业务布局上仍有不足。尤其是在航空航海市场，虽然公司承担了多项应急通信服务项 目，但整体收入贡献有限，未能有效拉动整体业绩增长。 资源建设稳步推进，但盈利能力有待提升 中国卫通在202 ...

证券代码：601698 证券简称：中国卫通 公告编号：2025-013 中国卫通集团股份有限公司 关于使用自有资金进行现金管理的公告 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。 重要内容提示： ? 现金管理受托方：主要合作银行等金融机构。 ? 现金管理金额：最高额度不超过人民币 30 亿元，在上 述额度内，该部分资金可循环滚动使用。 ? 现金管理产品：安全性高、流动性好、有保本约定的 现金管理产品。 ? 现金管理期限：决议有效期为自公司第三届董事会第 十七次会议审议通过之日起至次年年度董事会召开日 前止。 ? 履行的审议程序：公司于 2025 年 3 月 31 日召开公司 第三届董事会第十七次会议，审议通过了《中国卫通 关于使用自有资金进行现金管理的议案》。 一、本次使用自有资金进行现金管理的基本情况 （一）管理目的 为提高资金使用效率和收益，合理利用自有资金，在保 证不影响公司后续卫星资源建设计划正常进行和公司正常 经营业务的前提下，利用自有资金进行现金管理，增加公司 收益，保障公司股东的利益。 （二）现金管理额度 公司 ...

中国卫通集团股份有限公司 收入结构更加均衡稳健。 全年营业收入 25.41 亿元， 同比下降 2.85%；利润总额 6.61 亿元，同比增加 8.5%；净利 润 5.68 亿元，同比增加 11.55%；归母净利润 4.5 亿元，同 比增加 30.31%。2024 年末，公司资产总额 224.13 亿元，负 债总额 23.59 亿元，所有者权益总额 200.54 亿元，圆满完成 了全年经营指标 二、监事会建设及运行情况 市公司治理准则》以及《公司章程》 《监事会议事规则》等法 律法规与内部制度，精准定位监督角色，充分发挥监事会在 公司治理中的效能。监事会始终秉持"忠实勤勉、尽职履责" 的职业操守，运用查阅资料、实地调研、专题研讨等多元化 监督手段，对公司生产经营全流程、财务状况各环节、重大 决策事项全过程，以及公司董事和高级管理人员的履职行为 进行监督，有效防范了各类经营风险，切实保障了公司运营 的合规性与稳健性，充分维护了公司及全体股东的合法权益。 现将监事会 2024 年度主要工作报告如下： 一、公司生产经营总体情况 国成立 75 周年为代表的重大活动广电安播任务，全力保障 抢险救灾等重大通信任务，为雅江山 ...