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Aerospace hi-tech holding group has launched six highly competitive commercial optical satellites globally, marking a new journey in the industrialization of satellite production.
Hong Kong, July 25, 2024 /PRNewswire/ -- Aerospace Hi-Tech Holding Group Limited ("Aerospace Hi-Tech" or "the Group"; stock code: 1725.HK) is pleased to announce the launch of six commercial optical satellites (see appendix for details) and related aerospace products, aimed at entering the global market and expanding the customer base with a competitive pricing strategy to capture the growing demand in emerging markets and small and medium-sized enterprises. This marks a new milestone in the satellite mass production and commercialization of Aerospace Hi-Tech, and an important step in the Group's global strategy. July 25, 2024, is the production of the ASPACE Hong Kong satellite by Aerospace Hi-Tech.
Amazing! The first batch of optical satellites are on sale, marking a crucial step in the commercialization process of Aerospace Hi-Tech Holding Group (01725.HK).
On July 25th, 2023, ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Interstellar Aerospace Technology (01725.HK), officially opened. According to China Central Television news, ASPACE Hong Kong Satellite Manufacturing Center is the first satellite manufacturing center in Hong Kong and one of the largest intelligent satellite manufacturing facilities in the world. The completion of ASPACE Hong Kong Satellite Manufacturing Center means that Interstellar Aerospace Technology has mastered the key to the development of the satellite industry - production capacity. Today, Interstellar Aerospace Technology announced the price of its first batch of optical satellites and is selling them globally. According to the official website, this is
Aerospace Hi-Tech Holding Group (000901.SZ): As of June of this year, the company's Zhuozhou Industrial Park completed the adjustment of production layout on one hand.
Aerospace hi-tech holding group (000901.SZ) said in an investor relation activity on July 17th that as of June this year, the company on the one hand completed the adjustment of production layout in the Zhuozhou industrial park, transferred high-value production equipment to a safer location, and strengthened protection for key equipment and areas. On the other hand, the company continuously improved management and optimized organizational structure to improve risk control ability. By innovating mechanisms and building a modern management system, the company promotes the improvement of management efficiency. At present, acceleration sensors, testing and control equipment, dedicated power supplies and other products related to aerospace applications in the Zhuozhou industrial park.
Aerospace Hi-Tech Holding Group: 2024 Interim Performance Forecast
Aerospace Hi-Tech Holding Group (000901.SZ) expects a net income decline of 81.72% to 87.43% for the first half of the year.
Aerospace hi-tech holding group (000901.SZ) announced its performance forecast for the first half of 2024, with the net income attributable to the shareholders of the listed company ranging from 3.3 million yuan to 4.8 million yuan, a year-on-year decrease of 87.43% to 81.72%. The net income after deducting non-recurring gains and losses ranges from 0 million yuan to 3 million yuan, a year-on-year decrease of 84.79% to 100.00%. The basic earnings per share are expected to range from 0.0041 yuan/share to 0.0060 yuan/share. The net income attributable to the shareholders of the listed company during the report period decreased compared to the same period last year, mainly due to the company's automotive electronics.
Aerospace Hi-Tech Holding Group (000901.SZ) mainly targets overseas passenger vehicle customers, including global auto manufacturers such as BMW, Volkswagen, and Chrysler.
Aerospace hi-tech holding group (000901.SZ) recently stated during an institutional investor reception that the automotive industry has developed a strict qualification certification system for front-end supporting suppliers. Once an automotive electronics enterprise enters a vehicle manufacturer's supply system, it will form a stable long-term cooperative relationship. The company's domestic auto electronics business mainly focuses on commercial vehicles, with main customers being FAW. Overseas auto electronics business mainly targets passenger vehicles, with customers including global renowned auto manufacturers such as BMW, Volkswagen, and Chrysler.
Investors Don't See Light At End Of Aerospace Hi-Tech Holding Group Co., Ltd.'s (SZSE:000901) TunnelNo Data
