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Express News | China Satellite Communications Says Peng Tao Resigns as General Manager Due to Change in Job Role
China Satellite Communications (601698.SH): Director and General Manager Peng Tao has resigned.
On March 21, Gloronghui reported that China Satellite Communications (601698.SH) announced that the Board of Directors recently received a written resignation report from Mr. Peng Tao, the company's director and general manager. Due to work changes, Mr. Peng Tao requested to resign from the positions of director, general manager, member of the Board of Directors Nomination Committee, and member of the Board of Directors Strategic and Investment (ESG) Committee, and after his resignation, he will no longer hold any position at the company. Mr. Peng Tao's resignation report will take effect from the day it is delivered to the Board of Directors.
AVIC Securities: The commercial space industry has entered a rapid development period, and the Satellite manufacturing Sector is expected to welcome a Davis double hit.
Looking ahead to 2025, with several new models of commercial rockets about to have their first flights, the construction of a giant Satellite Internet constellation is expected to accelerate, and the Satellite manufacturing Sector is likely to experience a fundamental improvement along with a valuation increase, resulting in a double impact.
China Satellite Communications (SHSE:601698) Could Be Struggling To Allocate Capital
China Satellite Communications (601698.SH): Currently, the development and production work of the Zhongxing 9C Satellite is steadily progressing.
Gelonghui, February 27: China Satellite Communications (601698.SH) stated on the investor interaction platform that the company is currently steadily advancing the research and production of the Zhongxing 9C Satellite, and the specific launch time will be announced in future company announcements.
Express News | China Satellite Communications Announces Successful Launch of Chinasat 10R Satellite on Feb 22
Optimistic Investors Push China Satellite Communications Co., Ltd. (SHSE:601698) Shares Up 28% But Growth Is Lacking
