（图为签约仪式现场） 据了解，"星算"计划融合商业航天、人工智能两大新质生产力领域。协议约定，四川中行为国星宇航提供跨境结算、供应链金融、现金管理、投行业务等多 元化服务，助力该公司技术研发、国际市场拓展、产业链整合等。中银金租定制租赁服务方案，围绕卫星融资租赁、销售端直采等创新金融服务，向国星宇 航、"星算"计划用户、卫星客户及供应链等关联公司，提供总金额50亿元人民币意向租赁融资额度。 四川中行负责人表示，自2022年起，该行是首批为国星宇航提供普惠贷款支持的金融机构。接下来，将以金融"活水"滴灌航天科技创新，助力四川打造商业 航天产业高地。未来，还将与中银金租继续围绕国星宇航发展战略，探索"金融+科技"创新发展路径，为建设科技强国贡献力量。（曾俊鹏） 编辑：穆皓 转自：新华财经 近日，中国银行四川省分行（以下简称：四川中行）联动中银金融租赁有限公司（以下简称：中银金租）与成都国星宇航科技股份有限公司（以下简称：国 星宇航）签署"星算"计划合作协议，三方将共同探索金融与科技产业融合新模式，推动商业航天产业发展。 ...

Group 1 - The integration of space and AI is accelerating, showcasing significant commercial potential and impacting daily life [1][2] - The "Star Computing Plan" aims to establish a global "space-based computing network" using 2,800 satellites, breaking the limitations of ground-based computing [2][3] - The first batch of satellites launched in May has a total computing power of 5 petaflops (POPS), equivalent to a large data center in space, enabling real-time data processing and analysis [3][5] Group 2 - The application of space computing is expanding into various sectors, including urban planning, emergency response, and transportation, enhancing decision-making and operational efficiency [7][8] - The demand for AI computing power is surging, with projections indicating that China's AI computing market will reach $19 billion in 2024, growing by 86.9% [8][9] - The competition in AI infrastructure is intensifying, with China's "Star Computing Plan" and the U.S.'s "Star Gate" initiative representing two different approaches to building foundational capabilities for AI [9]

Group 1 - The integration of space and AI is accelerating, showcasing significant commercial potential and impacting daily life [1][2] - The "Star Computing Plan" aims to establish a global "space-based computing network" using 2,800 satellites, breaking the limitations of ground-based computing [2][3] - The first batch of satellites launched in May has a total computing power of 5 petaflops (POPS), equivalent to a large data center in space, enabling real-time data processing and analysis [3] Group 2 - The "Star Computing Plan" has already attracted its first commercial user, demonstrating rapid commercialization in the transportation sector [5] - The application of space computing extends beyond transportation to urban planning, emergency response, and other fields, indicating a broad market potential [7] - The demand for AI computing power is expected to grow significantly, with projections indicating a market size of $19 billion in 2024 for AI computing in China [8] Group 3 - The competition in AI infrastructure is intensifying, with the U.S. "Star Gate" project and China's "Star Computing Plan" representing two different approaches to building AI capabilities [9] - The "Star Computing Plan" offers a differentiated strategy by leveraging space-based resources to overcome current computing limitations, potentially allowing for a competitive edge in the AI sector [9]

这一完整闭环，标志着交通行业算法首次实现了上星运行。 在第四届琶洲算法大赛上，一项面向城市视觉任务的赛题吸引了关注。 在一场视觉算法挑战中，一组参赛团队 将道路识别模型部署至在轨卫星，完成了从图像采集、模型推理到结构化结果回传的全过程 。 图像未落地，模型也并未运行在地面，所有计算任务均在轨道上完成，最终仅回传识别结果。 为其提供太空算力支持的，是国星宇航在今年5月发射的太空计算星座。 此次任务的成功落地，意味着这个星座正式进入了常态化商业运营。 克雷西 发自 凹非寺 量子位 | 公众号 QbitAI 飞在太空中的卫星，已经成为算力中枢给地面交通设施充当大脑了？ 太空AI算力，商业化已成常态 这道题目是"星上路网分析"，要求参赛团队基于遥感图像识别城市区域的道路网络结构。 上市企业佳都科技旗下佳知慧行团队提交了基于国星宇航太空计算星座的解决方案，完成了任务的全流程执行。 不同于以往依赖地面算力处理，本次任务中，模型直接部署于轨道卫星， 所有关键环节均在太空中完成 。 任务流程由地面系统下发请求，卫星根据轨道位置完成图像采集。采集完成后，图像并未如常规遥感流程一样回传地面，而是就地输入至星载 计算平台。 模型运 ...

Core Viewpoint - Chengdu Guoxing Aerospace Technology Co., Ltd. (Guoxing Aerospace) has re-submitted its application materials to the Hong Kong Stock Exchange for an IPO, aiming to become the first "AI satellite" stock in the market, following a significant increase in its post-investment valuation from 95 million to over 6.76 billion yuan within seven years [2][6]. Company Overview - Guoxing Aerospace was founded by Lu Chuan, who has nearly 20 years of experience in artificial intelligence, aerospace, and communication engineering [5]. - The company has a diverse shareholder base, including significant stakes held by real estate companies [5]. Market Position - According to Frost & Sullivan, Guoxing Aerospace ranks eighth among private commercial aerospace companies in China by revenue in 2024, with a market share of 2.0%. It ranks second among companies managing the complete satellite industry value chain, with a market share of 22.1% [6]. - The company is the leading private commercial aerospace firm in China by the number of AI satellites launched, having successfully launched 27 satellites, including 21 AI satellites [7][6]. Financial Performance - Guoxing Aerospace has reported continuous losses, with net losses of 91 million yuan in 2022, 139 million yuan in 2023, and projected losses of 177 million yuan in 2024, with a loss of 192 million yuan in the first half of 2025 [6][13]. - Despite the losses, the company has shown significant revenue growth, with revenues of 177 million yuan in 2022, 508 million yuan in 2023, and 553 million yuan in 2024, reflecting a compound annual growth rate of 76.6% [11][12]. Business Structure - The main revenue streams for Guoxing Aerospace include satellite-based solutions, satellite and related services, and other services, with satellite-based solutions being the largest contributor [12]. - In the first half of 2025, satellite-based solutions generated 118 million yuan in revenue, a year-on-year increase of 9.2% [12]. Strategic Initiatives - The company has launched the "Star Computing" plan, aiming to establish a space-based computing network consisting of 2,800 AI satellites, which is expected to provide low-cost, sustainable computing resources [8][9]. - The first batch of 100 AI intelligent computing satellites is planned for launch by 2028, with the first 12 satellites successfully launched in May 2025 [8][9]. Industry Context - The commercial aerospace sector in China is experiencing rapid growth, with revenues from private aerospace companies projected to increase from approximately 17.8 billion yuan in 2020 to about 126.5 billion yuan by 2029, reflecting a compound annual growth rate of 36.3% [11]. - The government has been actively encouraging private enterprises to engage in the satellite industry, contributing to the growth of companies like Guoxing Aerospace [11].

Core Viewpoint - Chengdu Guoxing Aerospace Technology Co., Ltd. (Guoxing Aerospace) has re-submitted its application materials to the Hong Kong Stock Exchange for an IPO, aiming to become the first "AI satellite stock" in the market, following a significant increase in its post-investment valuation from 95 million to over 6.76 billion yuan within seven years [1] Group 1: Company Overview - Guoxing Aerospace was founded by Lu Chuan, who has nearly 20 years of experience in artificial intelligence, aerospace, and communication engineering [5] - The company has launched a total of 27 satellites, including 21 AI satellites, making it the leading private aerospace company in China in terms of AI satellite launches [7] - The company is currently in a loss-making state, with losses increasing from 91 million yuan in 2022 to an expected 1.92 billion yuan in the first half of 2025 [6][13] Group 2: Financial Performance - Guoxing Aerospace's revenue has grown significantly, from 177 million yuan in 2022 to an expected 2.41 billion yuan in the first half of 2025, reflecting a compound annual growth rate of 76.6% [11] - The company's main business segments include satellite-based solutions, satellite and related services, and other services, with satellite-based solutions being the largest revenue contributor [12] - Despite revenue growth, the company remains unprofitable, with a focus on strategic customer acquisition and technology development [13] Group 3: Market Position and Industry Context - According to a report, Guoxing Aerospace ranks eighth among private aerospace companies in China by revenue, with a market share of 2.0% in satellite-related businesses [6] - The private aerospace sector in China is experiencing rapid growth, with revenues expected to increase from approximately 17.8 billion yuan in 2020 to about 126.5 billion yuan by 2029, driven by government support and technological advancements [11] - Guoxing Aerospace's "Star Computing" plan aims to establish a space-based computing network consisting of 2,800 AI satellites, enhancing its competitive edge in the industry [7][9]

Group 1 - The "XingSuan" plan's Liangxi constellation was officially launched at a conference in Wuxi, Jiangsu Province, marking a significant step in the development of space computing infrastructure [1] - The Liangxi constellation will consist of 12 intelligent computing satellites, achieving a total computing power of 20P once fully deployed, making it the strongest space computing constellation [1] - The first satellite group of the "XingSuan" plan was successfully launched on May 14, becoming the world's first space computing constellation, with further satellite groups in rapid development [1] Group 2 - The commercial operation of the "XingSuan" plan is progressing quickly, with the first space computing user delivery ceremony held during the conference [2] - The China Academy of Space Technology's intelligent detection algorithm model has been successfully deployed and executed in real-time on the AI payload developed by Guoxing Aerospace [2] - The "XingSuan" plan aims to accelerate the development of the space computing ecosystem by enhancing satellite networking and promoting the large-scale deployment of space computing technology [2]

Core Points - Chengdu is positioning itself as a leader in future industries by attracting significant investments in sectors like space AI, hydrogen energy, and digital culture [1][2] - The city has signed 16 major industrial projects worth over 82.5 billion yuan, covering various fields including commercial aerospace, artificial intelligence, and advanced energy [1][2] - Chengdu's investment strategy is focused on creating a robust industrial ecosystem, emphasizing the importance of "chain leader" enterprises to drive growth [7][9] Investment and Economic Development - The "Investment Chengdu" global conference aims to attract global enterprises, with local leaders promoting the city's unique advantages and opportunities [2][3] - Chengdu has established a dedicated investment center to enhance its招商工作 (investment promotion work), aiming to connect with leading regions like the Greater Bay Area and Yangtze River Delta [2][3] - The city has seen a 182% year-on-year increase in major industrial projects from January to May, with foreign investment reaching $6.56 billion, up 58.89% year-on-year [14] Industry Focus and Strategic Initiatives - Key sectors targeted for investment include AI, digital culture, aerospace, and biomedicine, with a clear focus on building a competitive industrial landscape [5][6][12] - Chengdu's "chain leader fund" initiative aims to create a comprehensive investment ecosystem, with a total fund scale exceeding 170 billion yuan [12][13] - The city is leveraging its rich talent pool and favorable living conditions to attract biotech and AI companies, enhancing its position in these competitive fields [6][10] Future Outlook - Chengdu's proactive approach in establishing a favorable business environment and its commitment to nurturing industries are expected to yield long-term benefits [13][15] - The city's ambition to become a hub for innovation and technology is supported by its strategic investments and partnerships with leading enterprises [7][10]

Group 1 - The "Invest in Chengdu" global investment conference aims to promote investment opportunities in Chengdu, highlighting its strategic advantages and favorable industrial ecosystem [1][3] - Major global companies such as GE Healthcare, Linde, and Siemens, along with experts and representatives, have initiated the "Invest in Chengdu" campaign to invite global partners for collaboration [3] - The "Star Computing" plan's global headquarters will be established in Chengdu, emphasizing the city's potential in space computing and innovation [3] Group 2 - Airbus has chosen Chengdu due to its complete aviation industry ecosystem, significant location advantages, and rich talent resources, viewing it as a key international aviation hub [4] - Chengdu has seen a substantial increase in major industrial projects, with 497 projects introduced from January to May, a year-on-year growth of 182% [4] - The city attracted foreign investment of $6.56 million from January to April, marking a year-on-year increase of 58.89%, leading among central and western cities [4]

Core Viewpoint - The successful launch of China's first space computing satellite constellation marks a significant advancement in space-based computing capabilities, aiming to address the challenges posed by the rapid increase in the number of satellites in orbit [1][6][10]. Group 1: Overview of the Space Computing Satellite Constellation - The launch on May 14 involved 12 satellites and is part of the "Star Computing" plan led by Guoxing Aerospace, which aims to establish a network of 2,800 satellites for space-based computing [6][11]. - The "Three-body Computing Constellation" is designed to provide a computing infrastructure in space, with a total computing power of 1000 POPS (peta-operations per second) once fully operational [1][10]. Group 2: Technical Innovations and Capabilities - The satellites are equipped with advanced onboard intelligent computing systems, enhancing their computing power from Tera to Peta level, achieving a 10 to 100 times increase in performance [13]. - Each satellite can achieve a maximum single satellite computing power of 744 TOPS, with inter-satellite laser communication speeds reaching up to 100 Gbps, resulting in a combined computing capability of 5 POPS and a storage capacity of 30 TB [13][16]. Group 3: Applications and Future Prospects - The space computing constellation is expected to revolutionize scientific research and applications, providing critical computing support for near-Earth spacecraft, lunar, and Mars exploration [17]. - It will enable real-time data processing in space, significantly improving the efficiency of satellite data handling from days or hours to minutes or seconds, thus facilitating the application of artificial intelligence in space [10][18]. - The constellation will support various applications, including real-time monitoring of wildfires, low-altitude aircraft tracking, and dynamic optimization of deep space exploration tasks [17][18].