Xingwang Yuda released an official statement, revealing that as of the announcement's disclosure date, the revenue generated by its satellite communication business in 2025 constituted 12.33% of the company's total operating revenue. The company unequivocally clarified that its operations bear no relation to the recent milestone achieved in the sea recovery technology of the highly anticipated Long March 10B carrier rocket. Furthermore, it has not been involved in the research and development or supply chain support for this project.
Additionally, Xingwang Yuda underscored that the company is not currently pursuing cross-industry transitions or making substantial industrial investments. In sectors of market interest, including the low-altitude economy, low-orbit internet connectivity, autonomous driving, and anti-drone technologies, the company's related endeavors have yet to yield significant revenue. The overall scale of these operations remains relatively modest, with revenue contributing less than 5% to the total, thus having no discernible impact on the company's short-term operational performance. Moreover, the prospects for business expansion in these areas remain uncertain.
