Continuous Capital Moves! Tongyu Communication Goes All-In on Satellite Internet Track

English summary

### Continuous Capital Moves! Tongyu Communication Goes All-In on Satellite Internet Track Time: 2026-07-29 17:35:56 Content: Recently, Tongyu Communication has been making frequent major moves. It just invested RMB 199 million with Anhui Guoxin to establish a venture capital project in Chuzhou, and then officially announced a RMB 10 million investment with Jiaxing Tianqi Private Equity to set up a venture capital fund in Qingdao. The consecutive investments totaling over RMB 200 million clearly aim to leverage capital advantages to identify high-quality targets and opportunities in the satellite communication industry chain. The blue ocean market of satellite internet has not truly exploded yet. The 15th Five-Year Plan has officially included low-orbit satellite constellation construction as a national key project. The Qianfan Constellation plans to deploy 15,000 low-orbit satellites by 2030, and Honghu has a long-term plan for 12,000 satellites. Tongyu Communication's self-developed Ka/Ku dual-band phased array antenna precisely targets the upstream core hardware segment. The market predicts that each satellite requires phased array antennas priced at RMB 2-3 million. Combined with the current scale of only about 200+ in-orbit satellites under Qianfan and Honghu, the market potential is immense. ...