China Radio International Beijing August 28 (Reporter Wu Yuting) According to the "Trading Live" report of the China Central Radio and Television Station Economic Voice, the Ministry of Industry and Information Technology issued the "Guiding Opinions on Optimizing Business Access to Promote the Development of the Satellite Communications Industry" on August 27, proposing that by 2030, the satellite communication management system and policies and regulations will be further improved, the industrial development environment will continue to be optimized, and the development of satellite communications users will be more than 10 million, promoting satellite communications to fully integrate into the new development pattern and effectively serving the high-quality development of the economy and society.
The "Guiding Opinions" put forward 19 measures in six aspects, including orderly expanding market opening, continuously expanding application scenarios, and cultivating and strengthening the industrial ecology.
Liu Xingliang, member of the Information and Communications Economic Expert Committee of the Ministry of Industry and Information Technology, believes that the "Guiding Opinions" have two most prominent highlights. First, development goals and top-level design are stipulated, and it is proposed that by 2030, the scale of satellite communication users will exceed 10 million. Second, in terms of market opening and innovation, it is clear that private enterprises can carry out value-added services by renting satellite resources, orderly promote the reform of satellite Internet business access, and explore the issuance of some emerging operation licenses.
Engineering insiders all said that the Ministry of Industry and Information Technology’s release this time is a very good opportunity for the entire industry, and satellite communication-related businesses will form a major market explosion.
Xing Xing, director of Boxing Securities Research Institute, believes that policy dividends will deeply activate the three major capital market sectors. First of all, satellite manufacturing and launch services, the large-scale deployment of low-orbit constellations has accelerated, and the breakthrough in recyclable rocket technology will reduce the launch cost, and the orders of related companies are expected to usher in exponential growth. The second is terminal equipment and ground systems, and the popularization of mobile phone direct-connected satellite technology, and the demand for core components such as phased array antennas and satellite modules may usher in an explosion. In addition, the market space for operational services and data applications is beyond imagination.
It is worth noting that in the secondary market, the three sub-sectors of satellite manufacturing, terminal equipment and operation services, the index has led the growth in the past year, but individual stocks have significantly differentiated. Leading companies enjoy premiums with technical barriers and order certainty, while some concept stocks have fallen back due to commercialization. Xing Xing suggested that investors can pay attention to thematic opportunities under policy catalysis in the short term. For example, the development of mobile phone quality satellite standards for recyclable rockets is driven by events such as the first flight of recyclable rockets, and the medium and long-term layout of targets with strong commercialization of core technologies.
