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Tongyu Communication to Invest Into 50 Million Yuan Aerospace Fund
The Recent Pullback Must Have Dismayed Tongyu Communication Inc. (SZSE:002792) Insiders Who Own 48% of the Company
Tongyu Communication Inc. (002792.SZ): Plans to establish a joint venture company Tongyu Space.
Gelonghui January 3丨Tongyu Communication Inc. (002792.SZ) announced that in order to meet the needs of the company's Global Strategy development, accelerate the layout of the Satellite communication industry, fully utilize the company's technical advantages in the Satellite communication field, integrate various SSE Select Resources Industries Index, and expand the Business market, Guangdong Tongyu Communication Co., Ltd. intends to jointly invest with Wuhan Hongshan Capital Investment Co., Ltd. (referred to as 'Hongshan Capital') to establish Hubei Zhonghong Tongyu Space Technology Co., Ltd. (referred to as 'Tongyu Space' or 'joint venture', name subject to registration with the market supervision and administration department). The registered capital of Tongyu Space is 0.2 billion yuan.
Tongyu Communication Inc. (002792.SZ): The company has currently developed integrated air-ground shaping green antennas aimed at 5G-A.
On December 17, GELONGHUI reported that Tongyu Communication Inc. (002792.SZ) stated on the investor interaction platform that the company continues to focus on the development of the low-altitude economy and actively increases related investments. Combining the company's technological accumulation and advantages in the communication Industry, the company has developed a ground-air integrated shaping green antenna aimed at 5G-A. This product can support low-altitude aircraft in smoothly accessing telecommunication networks within 600 meters of airspace, establishing a comprehensive communication network covering from the ground to low-altitude, and providing strong assurance for the flight route safety of Drones and other low-altitude aircraft, ensuring safe and efficient Operation.
Tongyu Communication Inc. (002792.SZ): The company's applications in the Aviation sector mainly involve products such as airborne Satellite antennas.
On December 17, Gelonghui reported that Tongyu Communication Inc. (002792.SZ) stated on the investor interaction platform that the company's applications in commercial Aviation primarily include airborne Satellite antennas, aircraft in-flight communication products, air traffic control antennas, and Drone SAR remote sensing products. The communication needs in commercial Aviation will be an important application scenario for the integration of space, air, and ground Satellite communication. With the development of 6G in the future and the acceleration of domestic Satellite Internet, the company places great importance on its layout in this field and will continue to conduct research and development.
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