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On September 3, Kingsignal announced on the investor interaction platform that the company has been strategically positioning itself within the satellite communication sector since 2017. By 2022, it had actively engaged in the research and development of 5G and 6G Non-Terrestrial Networks (NTN) technologies, emerging as one of the select few domestic enterprises capable of offering both terrestrial and satellite-based NTN core network products. At present, core network products represent a minor fraction, less than 1%, of the company's primary business operations. Furthermore, Kingsignal has achieved notable advancements in domains such as the formulation of 6G NTN standards. As of the time of reporting, the company's market capitalization was valued at RMB 8.799 billion, with its stock price experiencing a 1.66% uptick from the previous trading day.
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