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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
Northeast Securities: Foreign capital dominates the main market of electronic measuring instruments. There is hope for accelerating the localization of technology.
In recent years, the technological strength of domestic enterprises has been continuously improved. Coupled with frequent government support policies, domestic manufacturers' market share is expected to steadily increase. The booming development of industries such as 5G, internet of things, new infrastructure, and consumer electronics will bring stable demand growth for electronic measuring instruments.
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HK stocks surge | Aerospace hi-tech holding group (01725) rose more than 6%, selling electrical components services project and seeking cooperation for multiple aerospace related businesses.
According to the smart finance and economics APP, Aerospace Hi-Tech Holding Group (01725) rose more than 6%, as of the press release, it rose by 6.42% to HKD 1.16 with a turnover of HKD 1.7813 million. In terms of news, Aerospace Hi-Tech Holding Group announced that it plans to sell all of the issued shares of the target company Productive Glory Limited for HKD 37.387 million. It is reported that the company is engaged in investment business, holding electrical components services (EMS) business, especially focusing on custom products and services related to printed circuit board assembly (PCBAs). The company believes that the disposal items are in line with the development of the group.
USPACE Technology Unit to Sell Investment Holding Wing
Risks Still Elevated At These Prices As USPACE Technology Group Limited (HKG:1725) Shares Dive 26%No Data
