Shares of Nanjing Panda Electronics Co., Ltd. (00553) rose more than 6%, as of the press release, up 6.25% to HKD 2.38, with a turnover of HKD 4.5176 million.
According to the Zhixin Finance app, shares of Nanjing Panda Electronics Co., Ltd. (00553) rose more than 6%, as of the press release, up 6.25% to HKD 2.38, with a turnover of HKD 4.5176 million.
On the news front, on August 6th, the launch ceremony of the first batch of "Qianfan constellation" networking satellites was held at the Taiyuan Satellite Launch Center, and the "one rocket and 18 satellites" were successfully launched into orbit. In addition, the Ministry of Industry and Information Technology issued an opinion on optimizing the business environment for innovative information and communication industry management. Among them, it mentioned to orderly promote the reform of the satellite internet access system and better support the development of private telecommunications enterprises. Caitong Securities pointed out that the launch of satellites has catalyzed continuous growth, bringing a golden opportunity to the commercial aerospace industry.
It is reported that in August 2023, Nanjing Panda won the bid for the new generation satellite terminal project, including software and hardware, which can support satellite communication between terminals. The bidding amount was more than 9 million yuan. The company's new generation satellite communication terminal related technology can be applied to mobile phones, cars, ships, aircraft and so on. In addition, the company has also joined hands with Southeast University, Xinsi Semiconductor, and others to build a new type of production, education, research, and technology innovation platform, and has established the "Low-Orbit Satellite Internet Terminal Industry Chain Alliance".