Movement Alert|Junda Shares Rises 7.34% in Regular Trading, Star Hub Plan First Constellation Officially Launched Catalyzing Rebound

Market Focus07-20

On July 20, Junda Shares (02865.HK) rose 7.34% in regular trading, trading at HKD 15.91/share, with turnover of HKD 30.89 million.

On the news front, during the World Artificial Intelligence Conference on July 18, Shanghai's flagship space digital infrastructure project — the Star Hub Plan — officially unveiled its first constellation. The project, positioned as Shanghai's landmark space computing constellation initiative under the 15th Five-Year Plan, targets total deployment of 1,000 space-based computing satellites, including 800 central computing satellites and 200 edge computing satellites. Junda Shares' indirect subsidiary Shanghai Xingshu Tiansuan is responsible for constellation development and operations.

The first constellation adopts a one-primary-two-auxiliary architecture, comprising one central computing main satellite, one Fuxi meteorological satellite, and one ultra-low-orbit real-time remote sensing satellite, interconnected via inter-satellite laser links. All data collection, AI inference, and analysis can be completed in orbit. The stock had previously surged over 30% on July 10 following a commercial aerospace catalyst before retreating, and the latest Star Hub announcement has reignited bullish sentiment.

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