USPACE TECH (01725) signs a strategic cooperation agreement with Hong Kong Aviation Science and Technology affiliated with CASIC Xingqiao to jointly promote the integrated aerospace industry project of CASIC Xingqiao.

USPACE TECH (01725) announced on November 11, 2025, that its wholly-owned subsidiary, Hong Kong Aviation Technology (Shenzhen) Space Technology Co., Ltd. (Hong Kong Aviation), has entered into a strategic cooperation agreement with Quanzhou Zhongke Xingqiao Aerospace Technology Co., Ltd. (Zhongke Xingqiao) concerning the joint promotion of the Zhongke Xingqiao aerospace and ground integration industry project. According to the strategic cooperation agreement, Hong Kong Aviation and Zhongke Xingqiao plan to collaborate on various projects, including but not limited to the global commercial aerospace ground station network base and global commercial remote sensing satellite ground station network project, aerospace technology and aerospace and ground integration industry park, aerospace big data innovation center, high-resolution remote sensing satellite "constellation project", aerospace technology research and education tourism base, aerospace big data artificial intelligence application project, unmanned aerial vehicles and intelligent low-altitude control platform, new generation communication technology, Siasun Robot&Automation, intelligent computing center and intelligent computing private network, and other commercial aerospace, digital economy, and low-altitude economic industry projects (collaboration projects). The company believes that if the collaboration projects are implemented and the joint venture is established, it is expected to further expand the company's existing aerospace business. Considering the above circumstances, the company believes that the terms of the strategic cooperation agreement are fair and reasonable and are in line with the overall interests of the company and its shareholders.