High concentration of clients and delays in demand planning adjustments. China Spacesat expects net profit to decrease by about 80% in 2024 | Interpretations
① China Spacesat's performance in 2024 is under pressure, with a net income expected to decrease by about 80% year-on-year; ② mainly affected by factors such as high customer concentration and delays in demand planning adjustments.
The Meituan Robot Research Institute's academic annual conference is about to open, and commercial service robots are expected to enter a Gold development period.
① The 2024 Meituan Robot Research Institute Academic Annual Conference will be held in Shenzhen on December 27. ② It is expected that by 2030, the Global commercial service robot market size will exceed 10 billion yuan, with an average annual growth rate of 20.3%.
Increase equipment production capacity, China Aerospace Times Electronics plans to invest over 100 million yuan in the Drone project under construction. | Quick read announcement.
① China Aerospace Times Electronics intends to enhance the equipment production capacity for the Yanqing Drone project; ② This planned increase is over 100 million yuan.
[Data Observation] The activity of institutions continues to decline as two algo positions join forces to buy china satellite communications at a low price.
① Since the beginning of this week, the activity of institutions on the dragon and tiger list has continued to decline, with the number and amount of stocks bought both decreasing. ② The stocks of china satellite communications that hit the daily limit have been bought by two algo funds, with a total purchase amount exceeding 0.12 billion.
Xiaomi's 'end-to-end' smart driving will start internal testing at the end of November, accelerating the development of domestic smart driving.
Lei Jun, Chairman of Xiaomi Group, stated on the 29th that on October 30th, Xiaomi autos' nationwide accessible city navigation will start full-scale push, while Xiaomi's end-to-end +VLM visual language large model smart driving will achieve "parking spot to parking spot", targeted internal testing invitations by the end of November, and pioneer version push by the end of December.
Observations from china spacesat Application Conference: Industry chain gathers from upstream to downstream, attracting attention to satellite internet security solutions.
①Financial Union journalists were on site to directly observe the forum and accompanying exhibition, understanding the development trends of the satellite industry; ②Orders have noticeably increased compared to last year, with satellite internet security solutions attracting attention.