Core Viewpoint - The strategic partnership between Haige Communication and Guodian Gaoke aims to develop and commercialize satellite IoT solutions, focusing on the "Tianqi Constellation" technology, which will enhance the integration of satellite communication across various sectors [1][4]. Group 1: Partnership Details - Haige Communication and Guodian Gaoke will collaborate in four key areas: joint technology development, system integration and solution development, commercial promotion and market expansion, and shared national strategic tasks [2][4]. - The partnership targets applications in low-altitude economy, industrial IoT, emergency communication, marine satellite communication, transportation, and consumer electronics, aiming to enhance the market penetration and brand influence of the "Tianqi Constellation" [2][4]. Group 2: Current Developments - Guodian Gaoke is the builder and operator of China's first low-orbit IoT constellation, the "Tianqi Constellation," which has 37 low-orbit satellites in operation, providing integrated IoT data communication services globally [4]. - The partnership will focus on creating end-to-end solutions that integrate "Tianqi satellites" with various industries, promoting the transition of satellite IoT from industry applications to mass consumer use [4][6]. Group 3: Policy and Market Outlook - Recent government policies, including the Ministry of Industry and Information Technology's guidance, indicate a push for satellite communication applications, with expectations for over 10 million users by 2030 [5][6]. - The Ministry has initiated a two-year commercial trial for satellite IoT, aiming to enrich market supply and enhance industry service capabilities, which is expected to support the healthy development of commercial space and low-altitude economies [6][7]. Group 4: Industry Positioning - Haige Communication is a leading supplier of ground terminals in the satellite communication sector, with a comprehensive product range including chips, modules, and terminals, and is actively involved in national satellite internet projects [7]. - The company is also focusing on the emerging opportunity of "automobile direct satellite" applications, conducting tests with major automotive manufacturers to prepare for mass production [7].

Core Viewpoint - The recent guidance from the Ministry of Industry and Information Technology (MIIT) aims to promote the development of satellite communication services, allowing for direct satellite connectivity in areas lacking mobile network coverage, thus creating significant opportunities in the commercial space sector [1] Group 1: Industry Developments - The MIIT has issued guidelines to optimize business access and stimulate innovation in the satellite communication industry, facilitating high-quality development [1] - Satellite communication, unlike traditional mobile networks, does not require ground base stations, enabling connectivity through high-orbit satellites [1] - The Tian Tong satellite system, consisting of three satellites, provides coverage across China and Southeast Asia [1] Group 2: Company Initiatives - Starting from September 2023, China Telecom has begun offering direct satellite services for mobile phones and vehicles, with nearly 3 million users currently utilizing the Tian Tong satellite services [1] - The MIIT has officially granted China Unicom a license for satellite mobile communication services, with China Mobile's related business licenses expected to be issued soon [1] - The Tian Qi constellation, China's first low-orbit satellite IoT network, was completed in May 2023, offering smaller terminals and lower power consumption for broader and more cost-effective IoT services [1]