Mason: The subsidiary's satellite communication business is in the promotional stage.

On September 11th, Mayansen stated on the interactive platform that the company's equity invested subsidiary Zhiyuxing's satellite communication business is in the promotion stage. Currently, Zhiyuxing is cooperating with a certain mobile communication equipment company to conduct research and development work on satellite payload-related products, involving products such as on-board baseband processors, on-board phased array antennas, and on-board power supplies. In addition, Zhiyuxing is autonomously developing satellite communication terminal products with better performance, which have broad market prospects. There is a certain degree of uncertainty in the subsequent product development process and market expansion effects, so investors should be aware of investment risks.