According to reports, Zhang Hailian, deputy chief engineer of the China Manned Space Engineering Office, disclosed at the 9th China (International) Commercial Space Summit Forum held in Wuhan on the morning of July 12 that my country plans to realize manned landing on the moon by 2030. Scientific exploration will be carried out, and then the construction of a lunar scientific research test station will be explored to carry out systematic and continuous lunar exploration and related technical test verification.

Huatai Securities previously pointed out that in the past year, significant changes have been observed in the upstream and downstream of my country's commercial aerospace industry chain. On the technical side, domestic private liquid rocket companies actively explore engine technology and recyclable technology breakthroughs, domestic satellite manufacturing in the national overall planning, private enterprises together to form a large-scale development. On the demand side, a number of constellation plans in China are being deployed in an orderly manner, and China Star Network is expected to start launching in the first half of next year; "satellite direct connection" has become a hot spot in the industry. In the policy side, the domestic many provinces and cities favorable policies frequently, to help the growth of the commercial aerospace industry. It is suggested to pay attention to the development opportunities of China's commercial aerospace industry chain.

Rocket related companies

Guobo Electronics (688375 CH) Guobo Electronics was established in 2000, focusing on the R & D, production and sales of active phased array T/R components and RF integrated circuits related products. In the field of civilian products, the company's gallium arsenide base station RF integrated circuit is mainly used in the field of mobile communication base stations, and gradually expanded to the field of mobile communication terminals and wireless local area networks. In the military sector, the company integrated the 55 (unlisted) microsystems division of CLP in 2019, consolidating a complete design platform from chip to component, and developed into a leading enterprise capable of providing active phased array T/R components in bulk. The company's T/R component products are mainly used in the field of missile and airborne. In the space-borne field, the company maintains research and development follow-up and technical reserves, and has developed related products according to market demand.

cheng Chang technology (001270 CH) cheng Chang technology was established in 2010. its main business is the research and development, production, sales and technical services of microwave and millimeter wave analog phased array TR chips. it mainly provides series of products based on GaN, GaAs and silicon-based processes and related technical solutions to the market. The company's products mainly include power amplifier chips, low-noise amplifier chips, analog beam-forming chips and passive devices for phased arrays, with frequencies covering L-band to W-band. Products have been used in detection, remote sensing, communications, navigation, electronic countermeasures and other fields, in the space-borne, airborne, ship-borne, vehicle and ground phased array radar installation, can also be applied to satellite Internet, 5G millimeter wave communication, security radar and other scenarios.

Hagrid Communication (002465 CH) Hagrid Communication was established in 2007. Its predecessor was the state-owned 750 factory of the Fourth Ministry of Machinery Industry (formerly the Ministry of Electronics Industry). At present, it is a major member of Guangzhou Radio Group. Its business covers four major fields: "wireless communication, Beidou navigation, aerospace, software and information service, it is a Beidou navigation equipment development expert and electronic information system solution provider with full-band wireless communication and full-industry chain layout. It is the industry with the widest user coverage, the widest frequency band coverage, the most complete product series, and the most competitive One of the key electronic information companies. On March 16, 2023, the company announced that the fixed increase will not exceed 2 billion yuan, the fixed increase project covers the "Beidou plus 5G" pass-through integration, unmanned system industry, satellite Internet, we believe that the fixed increase is conducive to the company to enhance the leading position in the Beidou industry, and expand the business boundaries of satellite Internet, seize market opportunities.

Tianyin Electromechanical (300342 CH) Tianyin Electromechanical Holding Subsidiary Tianyin Star is a company focused on the development of star sensors. Its core technology comes from 20 years of space technology accumulation in Tsinghua University. The company independently developed and produced two series of star sensors, leather-type, nano-type, about 200 sets of + products have been trouble-free operation in orbit, in China's lunar exploration project, high-score special and other major national space mission practice has played an important role. The company has a production capacity of 2000 sets per year, adapting to a variety of spacecraft application requirements, and providing professional, advanced and economical products for customers in different fields. The company occupies a dominant position in the domestic commercial satellite market, the application of satellites including Jilin -1 satellite, high-score satellite, lunar exploration satellite, global multimedia communications satellite, Hongyan satellite, scientific exploration satellite, cubic star and so on.

Ground segment core network related companies

Zhenyou Technology (688418 CH) Zhenyou Technology was established in 2005 and is a national high-tech enterprise focusing on providing communication equipment and solutions. The company's main business for the core network system, centralized bureau system, command and dispatch system and technology and maintenance services. In the field of core network, the company is one of the few companies in China that can provide satellite 5G core network, including high-orbit satellite and low-orbit satellite core network. In 2022, the company has released a commercial version of 5G core network based on the domestic hardware and software platform, and released a commercial version of 5G core network that supports satellite communication enhancement, satellite Internet of Things, multi-system satellite access network, satellite security encryption and other rich satellite services. The company continues to participate in the standard system construction and scheme demonstration design of satellite communication, and helps the construction of satellite communication system.

Xinke Mobile (688387 CH) Xinke Mobile was established in 1998. It is the only high-tech enterprise controlled by a central enterprise engaged in the formulation of international standards, core technology research and development and industrialization of mobile communications. The company in the star-ground integration and satellite Internet direction of strategic layout, promote 5G NTN domestic and foreign standards, leading a number of standard projects. The company has 10 cutting-edge technology directions for 6G technology pre-research, maintaining the industry's leading or advanced level in many research directions such as new multi-antenna technology, network distributed intelligence, user-centered access network architecture, satellite-to-earth integration, satellite Internet, high-precision positioning, etc., and completing the first key technology test of the domestic IMT-2030(6G) promotion team in 2022, the testing of key technical principle verification is carried out in multiple directions of wireless air interface transmission and network, and the multi-beam forming technology verification of RIS-based millimeter wave base station and commercial terminal is realized for the first time in the industry.

Satellite operation service related companies

China Satcom (601698 CH) China Satcom was established in 2001 and is the core professional subsidiary of China Aerospace Science and Technology Group Co., Ltd. engaged in satellite operation and service industry. The company operates and manages all kinds of communication and broadcasting satellites, providing users with radio and television, communication, video, data and other transmission services. The company is the only basic telecommunications operator in my country that has independent and controllable communication and broadcasting satellite resources. It is listed as a national first-class emergency communication professional guarantee team by the Ministry of Industry and Information Technology, and is the guarantee force for the direct command and dispatch of the national industry authorities. The company's broadcasting and communication services cover the whole territory of China, the surrounding areas and the main areas of "the belt and road initiative. The "Haixingtong" global network service covers more than 95% of the world's maritime routes. Ka high-throughput satellites cover the entire territory of China and surrounding areas. It can provide high-speed private network communication and satellite Internet access services for aviation, navigation, emergency, energy, forest and grass industries and universal service users along the "the belt and road initiative", and provide safe, reliable and seamless information transmission means for remote areas.

Space Vision (688066 CH) Space Vision was established in 2008 and is a leading global space infrastructure construction and operation service provider in China. The company has developed remote sensing and geographic information integration software PIE(Pixel Information Expert) with completely independent intellectual property rights, and has the first remote sensing and geographic information cloud service platform PIE-Engine in China, realizing the localization replacement of remote sensing basic software and providing governments, enterprises, universities and other relevant departments with basic software products, system design and development, remote sensing cloud services and other overall solutions for spatial information applications.

zhongke xingtu (688568 CH) zhongke xingtu was founded in 2006 and is a state-controlled high-tech enterprise invested by the institute of aerospace information innovation of the Chinese academy of sciences. The company has been focusing on the digital earth industry for a long time, continuously researching and developing related products and core technologies of digital earth, and successively launching GEOVIS digital earth basic software series products. On this basis, the company has formed GEOVIS digital earth application software series products with six business sectors as the core, namely, special field, intelligent government, meteorological ecology, aerospace measurement and operation control, enterprise energy and online business, for the government, enterprises, special areas and public users to provide software sales and data services, technology development and services, special equipment and system integration and other business.