APT Satellite (01045) saw its shares rise by more than 8% during the morning session. At the time of writing, the stock was up 6.77%, trading at HK$4.10, with a turnover of HK$44.9023 million.
SpaceX plans to establish a facility directly on the lunar surface for assembling satellites equipped with high-performance AI processors. These satellites are intended to meet the networking demands of data centers in Earth's orbit. They will be launched using a kilometers-long electromagnetic catapult system on the Moon, taking advantage of the Moon's low gravity, lack of atmosphere, and abundant solar energy. Guotai Haitong Securities noted that domestic rocket technology is expected to accelerate its iteration, benefiting industries such as satellite manufacturing and rocket launches.
Public information indicates that APT Satellite is a subsidiary controlled by China Satellite Communications Group Co., Ltd. The company previously issued an announcement forecasting a 31% year-on-year decline in profit attributable to shareholders for 2025. Moving forward, the group will leverage the satellite and ground network resources of both the group and its associated companies to strengthen core market development and localize business operations. This strategy aims to enhance the group's service capabilities and maintain profitability. Additionally, the group has begun preparations for the development of next-generation satellites to improve the technological advancement and competitiveness of its future satellite resources.
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