The satellite communication industry has reached a critical juncture.
**Domestic Breakthrough in High-Capacity All-Solid-State Battery Production Line** On November 21, Feng Xingya, Chairman of Guangzhou Automobile Group Co., Ltd. (601238), announced at the Guangzhou Auto Show that the company’s pilot production line for all-solid-state batteries has commenced trial production. This marks a significant milestone, as GAC now leads the industry in mass-producing 60Ah+ automotive-grade all-solid-state batteries, bringing the company closer to small-scale vehicle integration.
On November 22, state media highlighted the completion of China’s first high-capacity all-solid-state battery production line. The innovation lies in two key advancements: a dry-process manufacturing method that consolidates three traditional liquid battery production steps into one, reducing energy consumption while improving efficiency. Additionally, the replacement of liquid electrolytes with proprietary solid-state electrolyte materials enhances thermal resistance and safety.
**MIIT Launches Commercial Trials for Satellite IoT Services** At the 2025 China "5G+" Industrial Internet Conference on November 22, the Ministry of Industry and Information Technology (MIIT) initiated a two-year commercial trial for satellite IoT services. The goal is to expand satellite communication market supply and support emerging industries like commercial aerospace and low-altitude economy.
Satellite communication, which relies on artificial satellites as relay stations to transmit signals between ground, air, and sea users, has gained policy momentum. In late August, MIIT issued guidelines to promote satellite IoT, satellite internet, and direct-to-device satellite services, targeting over 10 million satellite communication users by 2030.
Demand-side activation is accelerating. On September 8 and 29, MIIT granted satellite mobile communication licenses to China Unicom and China Mobile, respectively, enabling services for emergency, maritime, and remote-area communications. With all three major telecom operators now licensed, the satellite communication market is approaching maturity, signaling rapid industry expansion.
**Institutional Outlook and Market Growth** CITIC Securities highlights the strategic importance of satellite communication, noting an imminent industry inflection point. China Securities forecasts the market to exceed 800 billion yuan in 2023, with a 15% CAGR through 2029, reaching 2 trillion yuan.
**Institutional Buying and High-Growth Stocks** The satellite communication supply chain spans satellite manufacturing, ground services, and end-user applications. Over 100 A-listed stocks are tied to the sector, with an average 22.82% YTD gain as of November 21, outperforming the SSE Index.
In November alone, institutional investors net-bought over 100 million yuan in eight stocks, including Dahua Intelligent and Tefa Information. Dahua Intelligent led with 547 million yuan in net purchases, driven by its high-throughput satellite terminals for marine applications.
Analysts identify 15 high-growth potential stocks, with 12 offering over 30% upside based on consensus targets. Zhimonda tops the list with 89.16% upside, followed by Accelink (70.04%) and Zunlai Technology (52.24%), all benefiting from defense, 800G demand, and satellite constellation expansion.
*Disclaimer: This content is for informational purposes only and does not constitute investment advice.*
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