Group 1: Company Developments - XW Communication has established a unique advantage in the commercial aerospace sector, viewing it as a second growth curve, and has integrated a full-chain technical capability from material research to product manufacturing [1][4] - The core products of XW Communication in the commercial satellite field include high-frequency and high-speed connectors, high-performance antennas, precision structural components, and ground receiving terminal ODM, specifically designed for low Earth orbit satellite communications [4] - XW Communication has become a core supplier for leading domestic satellite clients, expanding its product offerings from components to complete systems [4] Group 2: Industry Trends - The global commercial aerospace industry is entering a phase of rapid scaling and industrialization, presenting significant technological evolution and market opportunities [5] - The demand for satellite testing systems has surged due to the acceleration of commercial satellite production, with major contributions from satellite manufacturers [5] - Zhenyou Technology has developed a complete ground core network system for satellite communications, supporting nearly 6 million users in the Tian Tong No. 1 project, and is actively involved in key technology research for low Earth orbit satellite constellations [6]