Core Viewpoint - The article discusses the emergence of Chengdu Guoxing Aerospace Technology Co., Ltd. (Guoxing Aerospace) as a significant player in the commercial space sector, aiming to become the first commercial aerospace stock in Hong Kong, with a focus on AI satellite technology and space computing capabilities [2][21]. Company Overview - Guoxing Aerospace has submitted its listing application to the Hong Kong Stock Exchange, targeting to be the "first commercial aerospace stock" in the market [2]. - The company is one of the few in China that covers the entire satellite value chain, including design, manufacturing, launch, and operation [2]. - It successfully launched the world's first space computing constellation in May 2023, marking a significant milestone in the industry [2]. Market Position - According to data, Guoxing Aerospace ranks second among Chinese private commercial aerospace companies managing the complete satellite value chain, with a market share of 22.1% based on projected 2024 revenue [2][11]. - The company leads in the number of AI satellites launched, having deployed 27 satellites, 21 of which are AI satellites, making it the top private aerospace firm in this category in China [6][11]. Technological Advancements - Guoxing Aerospace focuses on two types of AI satellites: AI application satellites and AI computing satellites, the latter serving as powerful computing resources in space [6]. - The company has launched the first AI application satellite in December 2018 and the first AI computing satellite in February 2024 [6]. - The recently launched AI computing constellation consists of 12 satellites, each with a maximum computing power of 744 TOPS, collectively achieving 5 POPS of space computing capability [7]. Financial Performance - The company has shown rapid revenue growth, with projected revenues of 1.77 billion yuan in 2022, 5.08 billion yuan in 2023, and 5.53 billion yuan in 2024, reflecting a compound annual growth rate of 76.6% [21]. - Despite the growth in revenue, the company has reported net losses of 909 million yuan in 2022, 1.39 billion yuan in 2023, and 1.77 billion yuan in 2024, indicating it is still in a critical development phase [24]. Investment and Financing - Guoxing Aerospace has completed ten rounds of financing since its establishment, raising nearly 2 billion yuan, with a significant increase in valuation from 95 million yuan to 6.7625 billion yuan over seven years [12][16]. - The company has attracted investments from notable entities, including Hongtai Fund and Xinghe Group, which have a background in real estate [12][16]. Industry Context - The commercial space sector in China is expected to exceed 600 billion yuan by 2028, driven by favorable policies and market conditions [21]. - The global competition in space computing is intensifying, with major players like the U.S. and Europe investing heavily in space data centers and AI capabilities [25][30].

Core Viewpoint - The article highlights the emergence of Chengdu Guoxing Aerospace Technology Co., Ltd. as a leading player in the commercial aerospace sector, particularly in the development and launch of AI satellites, positioning itself for a significant role in the future of space computing and technology [4][28]. Company Overview - Guoxing Aerospace has submitted its listing application to the Hong Kong Stock Exchange, aiming to become the first commercial aerospace company listed in Hong Kong [3]. - The company is one of the few in China that covers the entire satellite design, manufacturing, launch, and operation chain, having successfully launched the world's first space computing constellation in May 2023 [3][4]. Market Position - According to data, Guoxing Aerospace ranks second among Chinese private commercial aerospace companies managing the complete satellite industry value chain, with a market share of 22.1% based on projected 2024 revenue [4][13]. - The company leads in the number of AI satellites launched, having deployed 27 satellites, of which 21 are AI satellites, making it the top private commercial aerospace firm in this category in China [8][13]. Technological Advancements - Guoxing Aerospace has developed two types of AI satellites: AI application satellites that can autonomously analyze and process data, and AI computing satellites that deploy powerful computing capabilities in space [8]. - The company successfully launched the world's first AI computing satellite constellation in May 2023, consisting of 12 satellites, which collectively provide a space computing capability of 5 petaflops (POPS) [9]. Financial Performance - The company has shown rapid revenue growth, with projected revenues of 1.77 billion yuan in 2022, 5.08 billion yuan in 2023, and 5.53 billion yuan in 2024, reflecting a compound annual growth rate of 76.6% [29]. - Despite the growth in revenue, Guoxing Aerospace is currently in a loss-making phase, with net losses of 909 million yuan in 2022, 1.39 billion yuan in 2023, and 1.77 billion yuan in 2024 [32]. Strategic Initiatives - The "Star Computing" plan aims to establish a space-based computing network consisting of 2,800 AI satellites, which will provide low-cost, sustainable computing resources for both space and ground applications [8][11]. - The company has received approval for a plan to launch an additional 60 satellites by February 2025, marking the first phase of its "Star Computing" initiative [11]. Industry Context - The commercial aerospace sector in China is expected to exceed 600 billion yuan by 2028, driven by favorable policies and market demand [28]. - Chengdu is positioning itself as a core hub for the aerospace industry, with initiatives aimed at creating a comprehensive satellite industry ecosystem [28].

记者丨彭新 编辑丨巫燕玲 近日，成都国星宇航科技股份有限公司（下称"国星宇航"）重新向港交所递交申请材料，再次冲击上 市。 2025年1月27日，国星宇航首次递交港股申请材料，但六个月后未能完成上市流程，按港交所规定，其 于8月25日重新递交材料。 值得关注的是，在第二次递交上市申请材料前不到一个月，国星宇航完成了最新一轮融资。 招股书披露的融资历程显示，随着国星宇航快速发展，其投后估值也从最早的9500万元，增长到截至 2025年7月末超过67.6亿元。这意味着，在成立7年多时间里，国星宇航市场估值暴涨超70倍。 事实上，目前以卫星研制和星座运营为主营的民营商业航天公司，尚无已上市先例。估值暴增的国星宇 航，此次冲刺"AI卫星第一股"能否成行，仍有待观望。 让AI算力上天 国星宇航创始人、董事长兼执行董事均为陆川。 公开资料显示，陆川出生于1983年，有近20年人工智能、航天及通信工程研究经验，为国家高层次人才 特殊支持计划入选者。其于2006年7月获得电子科技大学通信与信息工程学院通信工程工学学士学位， 后继续深造，于2018年6月获得中国广东工业大学控制科学与工程学工学博士学位。2019年2月，国星宇 ...

近日，成都国星宇航科技股份有限公司（下称"国星宇航"）重新向港交所递交申请材料，再次 冲击上市。 2025年1月27日，国星宇航首次递交港股申请材料，但六个月后未能完成上市流程，按港交所 规定，其于8月25日重新递交材料。 值得关注的是， 在第二次递交上市申请材料前不到一个月，国星宇航完成了最新一轮融资。 招股书披露的融资历程显示，随着国星宇航快速发展，其投后估值也从最早的9500万元，增长 到截至2025年7月末超过67.6亿元。 这意味着，在成立7年多时间里，国星宇航市场估值暴涨 超70倍。 事实上，目前以卫星研制和星座运营为主营的民营商业航天公司，尚无已上市先例。估值暴增 的国星宇航，此次冲刺 "AI卫星第一股" 能否成行，仍有待观望。 让A I算力上天 国星宇航创始人、董事长兼执行董事均为陆川。 记者丨彭新 编辑丨巫燕玲 公开资料显示，陆川出生于1983年，有近20年人工智能、航天及通信工程研究经验，为国家高 层次人才特殊支持计划入选者。其于2006年7月获得电子科技大学通信与信息工程学院通信工 程工学学士学位，后继续深造，于2018年6月获得中国广东工业大学控制科学与工程学工学博 士学位。2019年 ...

40 6 " e 1 11 the manager and a 1 "企业计划依托天府国际机场建设东海航空的天府基地，打造立足天府、辐射西南、连接全国乃至全球的战略新支点。以天府国际机场为始发核心，重点拓 展粤港澳大湾区城市群、亚洲重点城市等在内的航线网络，推动航空出口、航空航天运输服务的多元化。同时计划在简阳重点部署航空维修、培训、航天研 学、飞机租赁等航空链条产业，完善简阳航空产业集群，助力简阳打造具有全国影响力的临空经济示范区。"东海航空项目相关负责人表示。 截至目前，简阳市签约引进重大产业化项目22个，香榕源、火娃等44个项目开工，天府智算等33个项目建成投产。 成都日报锦观新闻 记者 王丹 供图 简阳融媒 责任编辑 何齐铁 编辑 戴艾岑 审核 单正华 8月15日，"'世'蕴新机·'简'链未来"产业引聚大会暨招商引智项目集中签约仪式在简阳举行。本次活动中，16个重大产业化项目签约落户简阳，协议总投资额 超百亿元。 点产业化项目签约落户简阳，涵盖高端制造、临空服务、数字经济等领域，将进一步推动简阳产业强链补链延链，显著提升简阳产业能级和核心竞争力。 国星宇航作为成都市卫星互联网和卫星应用产业链链主企业， ...

作为经济大省，四川正在等待属于自己的"DeepSeek时刻"。 产业崛起：汇聚1100多家人工智能企业 人工智能作为四川"一号创新工程"，近来又掀关注热潮。 6月5日，四川邀请中国科学院院士、清华大学学术委员会副主任胡事民教授，为全省3万余名领导干部提高应用AI人工智能能力作首场专题辅导。按照官方 说法，这一系列讲座总共四场，将持续至7月下旬。 6月9日至10日，四川省人大常委会又组织部分四川省全国人大代表走进成都、绵阳等地，深入多个企业、高校，围绕人工智能技术研发、产业应用及未来发 展路径展开专题调研。 多位全国人大代表均向《每日经济新闻》记者提到，通过一线调研，对四川发展人工智能产业的基础、优势以及面临的挑战等都有了更加直观清晰的认识， 有助于下一步提出更加精准、有力的建议，更好地推动地方人工智能产业高质量发展。 在成都海光集成电路设计有限公司展厅内，相关企业负责人透露，该芯片已实现100%自主知识产权，算力密度达每平方毫米1.2万亿次运算，可支撑千亿参 数大模型实时推理。 AI的发展也为大型企业的生产制造带来显著改变。九洲集团相关负责人对《每日经济新闻》介绍，依托流程再造、数据治理和AI智能应用，公司已 ...