继中国电信（601728）之后，近日中国联通（600050）、中国移动（600941）两家基础电信企业先后获 得工信部颁发的卫星移动通信业务经营许可。至此，三大运营商均可依法开展手机直连卫星等业务，深 化应急通信、海事通信、偏远地区通信等场景应用，丰富通信服务与产品供给。 今年8月，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》（下称《指导意 见》），10月，工信部又发布了《关于组织开展卫星物联网业务商用试验的通知（征求意见稿）》。随 着政策密集出台，卫星通信产业发展正步入快车道。 大力推进"天地一体" 在向中国联通颁发经营许可时，工信部表示，我国卫星移动通信产业链商业化进程不断加速，将有利于 形成适度竞争、良性互动的市场格局，让卫星移动通信服务更好地触达普通用户。基础电信企业与卫星 移动通信产业链上下游主体的协同联动也将更加紧密，有利于推动产业转型升级。 中国移动表示，公司已面向全国开展北斗短信服务，此次获得卫星通信业务经营许可，标志着中国移 动"北斗+天通"双星卫星通信正式迈入商业化运营新阶段，全面构建"天地一张网"智能通信新格局。 上述《指导意见》明确，到2030年目标发展卫星通信用户超1 ...

继中国电信之后，近日中国联通、中国移动两家基础电信企业先后获得工信部颁发的卫星移动通信业务 经营许可。至此，三大运营商均可依法开展手机直连卫星等业务，深化应急通信、海事通信、偏远地区 通信等场景应用，丰富通信服务与产品供给。 今年8月，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》（下称《指导意 见》），10月，工信部又发布了《关于组织开展卫星物联网业务商用试验的通知（征求意见稿）》。随 着政策密集出台，卫星通信产业发展正步入快车道。 证券时报记者从业内了解到，电信运营企业正围绕6G天地一体信息基础设施，从政策争取、技术攻 关、商用推进等方面积极布局。业内判断，以手机直连卫星为切入点，卫星通信将与低空、航空、车联 网等场景相互融合，形成多应用场景迸发的新市场。 大力推进"天地一体" 在向中国联通颁发经营许可时，工信部表示，我国卫星移动通信产业链商业化进程不断加速，将有利于 形成适度竞争、良性互动的市场格局，让卫星移动通信服务更好地触达普通用户。基础电信企业与卫星 移动通信产业链上下游主体的协同联动也将更加紧密，有利于推动产业转型升级。 中国移动表示，公司已面向全国开展北斗短信服务，此次获得卫星通 ...

10月22日，*ST铖昌(001270.SZ)发布2025年第三季度报告，前三季度实现营业收入3.06亿元，同比增长 204.78%；实现净利润9035.86万元，同比增长386.56%。第三季度实现营业收入1.05亿元，同比增长 266.57%；实现净利润3372.53万元，同比增长565.20%。公司在星载领域持续发力，不断扩大产品所覆 盖的卫星型号范围。其中，多个具备规模量级的多系列遥感卫星项目已进入常态化批量交付阶段，增速 可观。同时公司在低轨卫星方面保持优势，与下游主力机构保持密切合作关系，已根据客户需求备货并 按计划交付。 （文章来源：每日经济新闻） ...

Core Viewpoint - Tongyu Communication has launched its Macro WiFi product, showcasing its advancements in satellite communication and positioning itself to capitalize on the growing market opportunities in this sector [1][2]. Company Developments - The Macro WiFi product integrates WiFi and satellite communication technologies, enabling connectivity with satellite networks like Starlink, covering a range of 2 kilometers and supporting over 200 users simultaneously [1][2]. - The product has already secured large-scale orders in markets such as Australia and Southeast Asia, indicating its commercial viability and potential to drive overseas business growth [2]. - The company is focusing on a comprehensive strategy in satellite communication, including ground station terminals, satellite communication payloads, and terminal applications [2][3]. - Tongyu Communication has established a satellite headquarters in Wuhan, set to accelerate the industrialization of satellite communication by leveraging local policies and research resources [2][3]. Industry Positioning - As a pioneer in the satellite internet supply chain, Tongyu Communication has achieved several key technological milestones, including the commercial application of phased array antennas for low Earth orbit satellites [3]. - The company is the only one in the market collaborating with all three major satellite constellation operators, positioning itself favorably as the national satellite internet construction progresses [2][3]. - The global low Earth orbit satellite industry is experiencing rapid growth, with satellite communication being a core component of the emerging 6G technology landscape, presenting significant opportunities for the industry [4].

Core Viewpoint - China Satcom announced on October 17 that it currently has no cooperation with mobile phone manufacturers regarding the direct satellite connection feature for mobile phones [1] Company Summary - China Satcom is not engaged in partnerships with any mobile phone manufacturers for the development of direct satellite connectivity in mobile devices [1]

Core Viewpoint - Tongyu Communication has launched its Macro WiFi product, integrating WiFi and satellite communication technologies, positioning itself to capitalize on the growing satellite communication market [1][2]. Group 1: Product Launch and Innovation - The Macro WiFi product enables connectivity between satellite networks and ground communications, covering a range of two kilometers and supporting over 200 users simultaneously [1]. - The deployment time for the Macro WiFi product is only 1 to 2 days, with costs significantly lower than traditional networks, establishing a high technical barrier in the market [1]. - The product has already secured large-scale orders in markets such as Australia and Southeast Asia, driving growth in the company's overseas business [1]. Group 2: Strategic Focus and Industry Position - The company is focusing on the "integration of air and space" strategy, showcasing its product layout in ground station terminals, satellite communication payloads, and satellite communication terminal applications [2]. - Tongyu Communication is the only company in the market that collaborates with all three major satellite constellation operators, positioning itself for competitive advantage in the satellite communication sector [2]. - The company plans to establish its satellite headquarters in Wuhan by mid-2025, accelerating the industrialization of satellite communication [2]. Group 3: Historical Development and Future Outlook - Since developing the first domestic antenna, the company has remained at the forefront of the industry, continuously innovating its products during the 4G and 5G transitions [3]. - The global low-orbit satellite industry is experiencing rapid growth, with satellite communication being a core component of the 6G technology roadmap, indicating a golden development period for the industry [3]. - The company aims to strengthen its traditional business while increasing investment in emerging fields like satellite communication, supported by national policies promoting infrastructure and aerospace development [3].

证券代码：601698 证券简称：中国卫通 公告编号：2025-057 中国卫通集团股份有限公司 第三届董事会第二十六次会议决议公告 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"）第三届董事会第二十六次会议于2025年10月14日在中国卫星 通信大厦A座以现场方式召开，公司于2025年10月9日以通讯方式发出了会议通知及文件。本次会议应 出席的董事九名，实际出席的董事九名。公司董事长孙京主持本次会议。会议的召开符合《中华人民共 和国公司法》等有关法律、行政法规和《中国卫通集团股份有限公司章程》（简称"《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 （一）审议通过《中国卫通关于调整第三届董事会专门委员会组成人员的议案》 根据《公司法》《公司章程》及公司实际情况，对董事会专门委员会组成人员进行调整，调整后的第三 届董事会专门委员会人员名单如下: 战略与投资（ESG）委员会成员:孙京、马海全、刘永、杨亦可、金野，召集人：孙京。 提名委员会成员:孙 ...

当地时间10月14日，美国国会一委员会表示，已经开始调查马斯克旗下的星链公司是否向缅甸诈骗园区 提供互联网服务。 据报道，在泰国切断了通往边境地区的互联网和电力连接后，星链卫星天线不久便出现在这些诈骗中心 的屋顶上。仅在"KK园区"的一栋建筑屋顶上，就发现了约80根星链卫星天线。外界通过卫星图像和无 人机视频发现，诈骗团伙使用星链卫星互联网服务，并在泰缅边境的妙瓦底市发现了有严密安保看守的 新建筑。 目前，美国公民已成为东南亚网络诈骗者的主要目标之一。据报道，去年美国人因此遭受的损失高达约 100亿美元，相关诈骗报告率上升了66%。 红星新闻记者 王雅林 实习记者 卿滢 责任编辑：王天昊 亚太互联网络信息中心（APNIC）亚洲区域互联网注册中心的数据显示，星链在三个月内（7月到9月） 一跃成为缅甸最大的互联网提供商。最新数据显示，星链以12.37%的市场份额位居第二，仅次于缅甸 国家电信公司的13.7%，但在今年2月之前，星链甚至没有在缅甸获得互联网接入许可。 美国国会联合经济委员会表示，该委员会已于7月开始调查星链与缅甸诈骗园区的关系。该委员会有权 要求马斯克出庭作证。该委员会中的民主党领袖玛吉·哈桑呼吁马 ...

Investment Rating - The report maintains a positive outlook on the communication industry, indicating an "Overweight" rating for the sector [2][22]. Core Insights - The report emphasizes three main lines for the communication industry in 2025: differentiation in computing networks, strengthening of the satellite industry, and optimization of the economic cycle [4][5]. - The AI industry is evolving towards inference-driven models, with a diversified approach to computing solutions. The supply-demand turning point for data centers has been observed, and technologies like liquid cooling are accelerating penetration [4][5]. - The satellite communication sector is experiencing intensive industry catalysis, forming a closed loop across the entire industry chain, with direct satellite connections expected to drive growth in antennas, RF chips, and inter-satellite communication [4][5]. - The report identifies several high-quality cyclical stocks with confirmed growth and low valuations, particularly in sectors like Beidou navigation and controllers, suggesting a return of the investment "pendulum" [4][5]. Summary by Sections Computing Network - The AI industry trend is shifting towards inference dominance, with the upstream supply chain for domestic chips and modules beginning to integrate [4]. - Data center supply-demand dynamics are changing, with liquid cooling technologies gaining traction [4][5]. Satellite Communication - The second half of 2024 marks a significant catalyst for the satellite communication industry, with a complete industry chain now established [4][5]. Economic Cycle Optimization - The report highlights the importance of downstream economic conditions, particularly in sectors like Beidou navigation and controllers, indicating a strong potential for cyclical stocks [4][5]. Performance Forecast for Key Companies - The report forecasts significant profit growth for key companies in the communication sector for Q3 2025, with expected net profit growth rates exceeding 50% for several firms, including NewEase (220%), and 5.5G Canqin Technology (120%) [4][14]. - Companies like China Mobile and China Telecom are expected to maintain stable capital expenditures, with a focus on AI computing networks [6][14]. Related Companies - Key companies identified include Zhongji Xuchuang, NewEase, and Huagong Technology in the AI computing network segment, and operators like China Mobile and China Telecom [4][6][14].

科技战略 美国摩根大通公司宣布1.5万亿美元计划，投资对美国国家经济安全和韧性至关重要的行业 据路透社10月13日消息，美国摩根大通公司宣布为期十年、总额达1.5万亿美元的"安全与韧性倡议"计划，旨在促进、资助和投资对美国国家经济安 全和韧性至关重要的行业。作为这项新倡议的一部分，摩根大通将在供应链制造、国防航空、能源技术、前沿科技等四大领域的27个细分技术进行 高达100亿美元的股权和风险投资。 信息 美国微软Azure推出全球首个GB300 NVL72超算集群，专为OpenAI提供核心算力支撑 据品玩网10月13日消息，美国微软Azure正式部署全球首个生产级NVIDIA GB300 NVL72超算集群。该集群专为OpenAI的高负载AI任务打造，集成超 4600个NVIDIA Blackwell Ultra GPU，通过下一代Quantum-X 800 InfiniBand网络互联，单机架含18台虚拟机，配备72个GPU与36个Grace CPU，机架 内NVLink带宽达130TB/s，FP4张量核心性能最高1440 PFlops。其采用液冷方案与全栈优化设计，可将万亿参数模型训练周期从数月缩短至数周 ...