Great Microwave Technology Co Ltd: Riding the Wave of Satellite Internet Expansion
In a significant development for the satellite industry, Great Microwave Technology Co Ltd, a prominent player listed on the Shanghai Stock Exchange, finds itself at the heart of a transformative era. As the Chinese government prepares to issue the first satellite internet operation license, the industry is poised for a commercial leap forward, potentially unlocking a market worth billions.
A New Era for Satellite Internet
On August 26, 2025, the satellite sector witnessed a surge, with the satellite industry ETF (159218) climbing by 0.4% and net inflows reaching approximately 3.9 million. Notably, China Satellite (600118) hit its daily limit, while Aerospace Hengtong (688066) soared over 13%, and Mifeng Telecom (603236) and Changjiang Communications (600345) saw increases of over 9% and 6%, respectively. This rally follows the announcement that China is on the brink of issuing its first satellite internet operation license, marking the official entry of satellite internet into commercial operations. This move is seen as a pivotal step in transitioning satellites from specialized to general use, promising to open up vast market opportunities.
Who Stands to Benefit?
The issuance of the license is expected to benefit a broader range of satellite operators, including China Satellite and Qianfan Constellation, operated by Shanghai Hengxin, among others. The opening up of the satellite industry is further supported by the Ministry of Industry and Information Technology’s (MIIT) recent proposal to orderly reform the satellite internet business access system, aiming to deepen the opening of telecom businesses to private capital.
The Boom in Satellite Manufacturing
The year 2025 marks the beginning of an intensive networking period for China’s satellite industry. As of August 18, China Satellite Network successfully launched its ninth mission, deploying 38 satellites in just one month. This accelerated deployment is set to drive demand for satellite components and rocket manufacturing, signaling a “realization period” for the industry where the anticipation of demand release could lead to a fundamental improvement in business prospects.
Great Microwave Technology Co Ltd: Positioned for Growth
Great Microwave Technology Co Ltd, with its significant market capitalization of 151,698,374,79 CNY and a close price of 70.87 CNY as of August 25, 2025, is well-positioned to capitalize on these developments. The company’s involvement in the satellite industry, coupled with the broader industry’s shift towards commercialization and the expected boom in satellite manufacturing, presents a promising outlook.
Conclusion
As the satellite industry stands on the cusp of a commercial revolution, companies like Great Microwave Technology Co Ltd are poised to benefit from the expanding market and technological advancements. With the government’s support and the industry’s rapid development, the future looks bright for satellite internet and its associated sectors. Investors and industry watchers alike will be keenly observing how these changes unfold, potentially reshaping the landscape of global communications.