China Satellite Communications Co Ltd

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services. It offers business support platforms, including visualized platform to support design, simulation, and evaluation on satellite resources and satellite application; multi-satellite unified tracking, telemetry, and control (TT&C) platform; traditional beam comprehensive service; carrier grade satellite broadband business and operation infrastructure platform; and satellite application platforms for airborne, maritime, emergency response, and universal services. The company also provides long-term and temporary rental services of satellite resources; TT&C, consulting for satellites and related applications, training, network access testing and antenna certification, and geosynchronous orbit communication satellite interference positioning services; bandwidth rental services for TV channels distribution, contribution and direct-to-home broadcast through satellites; and OU services to transmit radio and television programs. In addition, it offers leasing services for space segments; uplink service, HUB hosting and operation, and other teleport services; information services, such as remote sensing images, and location and weather information; consultation, certification, training, advertising, and other related services; and integrated information services in land, sea, and air for sensing and transmission. Further, the company provides emergency communications; private network communication network; universal services based on satellite communication; E-education; telecommunication services; satellite-based IoT solutions; streaming media, audio and video transmission, and live broadcasting; smart monitoring and early warning services; and services for marine and airborne applications. The company was founded in 2001 and is based in Beijing, China. China Satellite Communications Co., Ltd. operates as a subsidiary of China Aerospace Science and Technology Corporation.

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China Satellite Communications reports first-half 2026 net profit of 113 million yuan, down 37.36% year on year

China Satellite Communications has released its 2026 interim report, with net profit attributable to the parent company of 113 million yuan, a decrease of 37.36% from the same period last year. Total operating revenue was 1.229 billion yuan, up 0.66% year on year, marking a second consecutive year of growth. Net cash inflow from operating activities was 240 million yuan, down 20.48% year on year. The company's latest asset-liability ratio was 9.82%, gross margin was 22.80%, return on equity was 0.71%, and diluted earnings per share was 0.03 yuan.

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Long March 10B Makes Successful Maiden Flight, Achieving China's First Controlled Recovery of a Launch Vehicle

The Long March 10B launch vehicle has made a successful maiden flight, achieving China's first controlled recovery of a first stage, and also the world's first net-based recovery of a launch vehicle. The rocket was developed by the First Academy of China Aerospace Science and Technology Corporation. It is a two-stage liquid-propellant launch vehicle with a diameter of five meters, a liftoff thrust of approximately 890 tonnes, and a reusable-state low Earth orbit payload capacity of 16 tonnes. This mission successfully validated multiple key core technologies for first-stage reuse, with a first-stage reuse flight expected to be completed before the end of this year. In afternoon trading, commercial aerospace concept stocks surged. Youji shares hit the 30 percent daily limit up, while Hailanxin and Tongyizhong hit the 20 percent daily limit up. China Satcom and China Satellite, each with a market value of 100 billion yuan, hit their daily limit up in seconds.

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