CITIC Securities: Accelerating Business Access Progressive, Satellite Industry Turning Point Imminent

Citic Securities research report pointed out that on August 27, the Ministry of Industry and Information Technology issued the "Guiding Opinions on Optimizing Business Access to Promote the Development of the Satellite Communication Industry", aiming to promote the opening of satellite communication businesses in an orderly manner. The strategic position of the satellite communication industry is highlighted, and the policy direction is clear. Looking ahead, the work of business access in the satellite communication industry is continuously optimizing, and the issuance of licenses may accelerate. In the domestic industry level, high-frequency launches have arrived, and the industry turning point is imminent. We recommend focusing on investment opportunities in areas such as satellite communication service providers, satellite communication operation and service, satellite manufacturing industry chain, and ground equipment manufacturing.