Core Viewpoint - The company, Zhenyou Technology (688418.SH), is actively developing and delivering ground core network projects in both high-orbit and low-orbit satellite communication sectors, including significant projects for China Telecom and a large domestic satellite group [1] Group 1 - The company has ongoing projects in high-orbit satellite communication [1] - The company has ongoing projects in low-orbit satellite communication [1] - The company is involved in the construction of the ground core network for China Telecom's Tian Tong No. 1 project [1] Group 2 - The company is also developing the ground networking core for a large domestic satellite group [1]