Core Viewpoint - Shengyang Technology (603703) is actively expanding its satellite internet terminal business through strategic partnerships and product development, indicating a strong commitment to meeting both domestic and international market demands [1] Group 1: Strategic Partnerships - The company’s subsidiary FTA has established a strategic cooperation with Eutelsat, a European satellite communications company, and is looking to expand collaborations with other international satellite operators [1] Group 2: Product Development - Three satellite internet terminal devices have been developed and are in the small batch trial production phase, tailored to meet the diverse needs of international users [1] - The domestic 5G satellite television terminal has completed the entire R&D process and has officially entered the mass production phase, with production schedules and delivery plans being arranged based on customer orders [1] Group 3: Product Categories - In the area of shipborne satellite communication terminals, relevant products have completed R&D and testing phases and are now in the trial production stage, with plans for rapid delivery based on market orders [1] - Low Earth orbit satellite communication terminals are currently in the R&D planning stage, with the company set to advance product design and performance testing in line with domestic low Earth orbit satellite network progress and market demand [1]

Core Viewpoint - The company is actively expanding its partnerships with international satellite operators following a strategic collaboration with Eutelsat in satellite internet terminals [1] Group 1: Satellite Internet Terminals - The subsidiary FTA has completed the research and trial production of three satellite internet terminal devices tailored to different international user needs, now entering small batch trial production [1] - The company plans to initiate mass production based on market orders and customer demands [1] Group 2: Domestic 5G Satellite TV Terminals - The domestic 5G satellite TV terminal has completed the entire R&D process and has officially entered mass production [1] - The company will coordinate production scheduling and delivery plans based on customer order requirements to ensure market supply [1] Group 3: Shipborne Satellite Communication Terminals - Relevant products for shipborne satellite communication have completed R&D and testing phases, now entering trial production [1] - After small batch production and certification, the company will respond quickly to market orders [1] Group 4: Low Earth Orbit Satellite Communication Terminals - The low Earth orbit satellite communication terminal is currently in the R&D planning stage [1] - The company will steadily advance product design and performance testing in line with domestic low Earth orbit satellite network progress and market demand [1]