Guangzhou Haige Communications Group Inc Co – Market Reaction and Strategic Developments

Share Price Performance

On September 10 2025, the stock of Guangzhou Haige Communications Group Inc Co (ticker: 002465) reached a trading halt, reflecting a 5 % intra‑day increase to the 52‑week high of 14.98 CNY. The upward movement followed a 5.24 % rise over the preceding three trading days, with the price standing at 12.85 CNY on September 9. Trading volume on that day was 10.69 billion CNY, corresponding to a turnover of 3.34 %. The market capitalization increased to approximately 318.92 billion CNY, a marginal rise from the 316.93 billion CNY recorded on September 7.

Industry Context – Satellite Communication Expansion

The recent surge in Haige Communications’ share price is linked to broader developments in the satellite communication sector. On September 8, the Ministry of Industry and Information Technology issued a satellite mobile‑communication business license to China Unicom, enabling the company to provide direct‑satellite mobile services for emergency, maritime, and remote‑area applications. China Telecom had previously obtained similar licensing, and both operators have begun offering mobile‑direct satellite services to their customers.

The satellite‑internet initiative accelerated with the successful launch of the Jielong‑Three rocket on September 9, placing eleven satellites into orbit. The launch, part of the “Jiyis Star Cluster 05” constellation, was viewed as a catalyst for the satellite‑internet supply chain, prompting a wave of investment in related companies. Haige Communications is positioned within this ecosystem as a supplier of satellite‑ground terminal equipment and related chipsets.

Product and Technology Highlights

  • Satellite‑Internet Chip Development – Haige Communications has progressed in the development of low‑orbit satellite communication chips, including baseband and RF modules. The company reports that its “Tiantong” satellite terminal chip has achieved full‑series productization, supporting both civilian and military applications.
  • “Mobile‑Direct Satellite” Components – The firm claims to supply key components for mobile‑direct satellite functionality, with multiple domestic handset manufacturers (including Huawei, Xiaomi, VIVO, and OPPO) reportedly integrating Haige’s modules into their devices.
  • Ground Terminal Leadership – Haige is identified as a leading supplier of satellite‑ground terminals. The company participated in the “Tianshu” satellite‑internet development project, receiving a 675‑million‑CNY allocation for research and development.
  • Naval and Aviation Integration – The company’s portfolio includes navigation equipment for the BeiDou system and military communication devices. Recent participation in an international airport exposition showcased its low‑altitude economic and civil‑aviation communication solutions.

Strategic Partnerships and Projects

  • Collaboration with China Mobile – Since 2023, China Mobile has invested in Haige Communications. Joint development of BeiDou‑guided integrated chips supports dual‑frequency high‑precision positioning and short‑message capabilities.
  • Guangzhou Zengcheng Facility – The company’s Zengcheng industrial base is projected to become operational by the end of 2026, with the capacity to produce unmanned aerial vehicles (UAVs) annually.
  • National Project Participation – Haige has been involved in multiple in‑orbit trials and ground‑terminal R&D programs, aligning with national satellite‑internet initiatives.

Market Implications

The convergence of policy support, launch successes, and the expansion of satellite‑mobile services is expected to drive demand for satellite‑ground terminal equipment and related components. Haige Communications’ position as a key supplier and its ongoing chip development efforts suggest potential upside in earnings linked to the growth of satellite‑internet services. The recent trading halt indicates heightened investor interest and a possible price ceiling in the near term.

Note: All information is drawn exclusively from the provided fundamentals and news items.