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Jushri Technologies, Inc (300762.SZ): Plans to establish a joint venture with related parties for the purpose of operating a payload business.
On December 10, Gelonghui reported that Jushri Technologies, Inc (300762.SZ) announced that on December 9, 2024, it held the fifteenth interim meeting of the third Board of Directors and the twelfth interim meeting of the third Supervisory Board in the company’s conference room, respectively passing the proposal regarding the "Joint Investment with Related Parties to Establish a Subsidiary and Related Transactions" with a vote of 5 in favor, 0 against, and 0 abstentions, and a vote of 3 in favor, 0 against, and 0 abstentions.
Minsheng Securities: The number of satellites in orbit for Qianfan Constellation has increased to 54. By 2025, commercial satellites will achieve algo production.
In 2024, the first year of its large-scale networking, the goal is to launch 108 satellites; it is expected that by the end of 2030, the "Qianfan Constellation" will complete the networking of over 0.015 million satellites.
Jushri Technologies (SZSE:300762) Has Debt But No Earnings; Should You Worry?
Founder Securities: Satellite internet will enter a stage of large-scale deployment, and commercial aerospace is welcoming a new wave of investment enthusiasm.
Commercial aerospace has become a key focus in the government work report, showing the national level's emphasis on the development of commercial aerospace, and the introduction of relevant policies will further promote the standardization and rapid development of the industry.
Minsheng Securities: The network deployment of Qianfan Constellation is accelerating, and the demand for going global is gradually emerging.
The construction of satellite internet is imperative, and China's Starlink is poised to deliver significant results.
Debon Securities: Yuanxin's 'Qianfan' sets sail, the global communication business closed loop begins to take shape.
This memorandum of cooperation signifies that our country is about to/has already preliminarily achieved global satellite signal coverage, while also fully demonstrating the good reputation of our supply chain on a global scale.
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