At 18:00:04 on November 23, my country successfully launched the satellite Internet technology test satellite using the Long March 2D carrier rocket and the upper stage of Expedition 3 at the Xichang Satellite Launch Center, and the satellite successfully entered the scheduled orbit. The launch mission was a complete success. With the successful launch of the satellite Internet technology test satellite, the relevant industrial chain is expected to usher in the wind.

recently, satellite internet concept stocks saw a sharp rise. Wind showed that the share price of huali chuangtong (300045.SZ) rose as much as 125.81 in the past 60 days, while many concept stocks such as Shanghai hugong (603131.SH) and hangyu micro (300053.SZ) also rose about 30% in 60 days. On the sector as a whole, the Wande Satellite Internet Index (8841289) has risen more than 6% in the past two months. This has triggered the market's attention to the satellite Internet track.

Satellite Internet is an Internet based on satellite communication. By launching a certain number of satellites to form a large-scale network, it can radiate the whole world and build a large satellite system with real-time information processing. It is a new type of network that can provide broadband Internet access and other communication services to ground and air terminals. It has the characteristics of wide coverage, low delay, broadband and low cost.

China-Thailand Securities Research Report, satellite Internet industry chain by satellite manufacturing, rocket launch, ground equipment, satellite operations four major links. In the early stages of the satellite Internet, the infrastructure construction of the space segment and the ground segment will be the first to benefit from upstream satellite manufacturing, satellite launch and ground equipment. Satellite platform and payload are the two core parts in the production and manufacturing process. Satellite platform includes structural system, power supply system, propulsion system, remote sensing measurement and control system, thermal control system, etc. Satellite payload includes antenna subsystem, transponder subsystem and other metal/non-metal materials and electronic components. Ground equipment mainly includes fixed ground station, mobile ground station and user terminal.

According to the views of institutions such as VIP, 2023 is expected to be the first year of China's star network construction. According to the relevant planning, satellite Internet is expected to usher in a decade of growth, there will be more than 12000 satellites launched into the sky. Guosheng Securities estimates that the satellite manufacturing and satellite launch market space can reach 831.3 billion billion yuan, driving the 6.06 trillion ground equipment market and the 4.99 trillion satellite service market.

China Merchants Securities pointed out that my country's low-orbit satellite Internet is in the initial stage of emergence. It is expected that the initial investment will mainly focus on the infrastructure construction of the space segment and the ground segment, and the value of related links will account for a higher proportion. In the process of satellite manufacturing, many listed companies such as aerospace electronics (600879.SH), zhenlei technology (688270.SH) and cheng Chang technology (001270.SZ) have been involved. In terms of ground infrastructure construction, China Weitong (601698.SH), Huali Chuangtong (300045.SZ) and Hagrid Communications (002465.SZ) have received more attention.