Communications Equipment

Genew

Genew released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 116.51 M, actual EPS CNY -0.2332

Genew FY2026 Q1 Earnings Release on April 30 After-Market BJT

Genew to Release FY2025 Earnings on April 24 During-Market (BJT), Forecast Revenue CNY 1.494 B, EPS CNY 0.76

Genew released FY2025 Q4 earnings on February 27 During-Market (BJT), actual revenue CNY 367.44 M, actual EPS CNY -0.0797

Genew released FY2025 annual earnings on February 27 During-Market (BJT), actual revenue CNY 876.84 M (forecast CNY 1.494 B), actual EPS CNY -0.3446 (forecast CNY 0.76)

Zhenyou Technology Secures Expansion Project for TianTong-1 Satellite Communication System

Genew released FY2025 Q3 earnings on October 30 During-Market (BJT), actual revenue CNY 158.59 M, actual EPS CNY 0.0021

Genew released FY2025 9 Months earnings on October 30 During-Market (BJT), actual revenue CNY 508.74 M, actual EPS CNY -0.2459

Genew to Release FY2025 Q3 Earnings Report on October 31 During-Market BJT

Genew released FY2025 Semi-Annual earnings on August 19 After-Market (BJT), actual revenue CNY 350.16M, actual EPS CNY -0.2472

Genew released FY2025 Q2 earnings on August 19 After-Market (BJT), actual revenue CNY 181.66 M, actual EPS CNY -0.2585

Genew to Release FY2025 Semi-Annual Earnings on August 20, 2025 (BJT)

Zhenyou Technology Announces Raising 1.069B for R&D

Zhenyou Technology Plans to Raise 1.096 Billion for Satellite and Optical Network Projects

ZhenYou Technology Registers 19 New Software Copyrights

Zhenyou Technology Plans to Issue Stocks to Raise 1.069 Billion

Zhenyou Technology Lays Out Satellite Internet Across Multiple Fields with Projects Launched

Zhenyou Technology's Earnings Briefing Addresses 5G Layout and Congo Order

Zhenyu Technology Registers Multiple Software Copyrights

Zhenyou Technology to Use Repurchased Shares for Cancellation and Capital Reduction

688066

002115

688418

The satellite navigation sector saw a short-term surge, with Sunwave hitting the daily limit, and Piesat, Genew, Tianli Composite, Quanxin Co., Ltd., and Chuangyuan Xinke following suit. On the news front, the first self-made satellite in Xiong'an has been launched, solving the challenges of computing power and energy dynamics

Zhitong

Piesat

Sunwave

The satellite navigation sector has seen a short-term surge, with Sunwave hitting the daily limit up

Genew announced that due to a dispute over a sales contract with ChaoXun Communication, the company has become a defendant, with the amount in dispute temporarily estimated at 119 million yuan. The case has not yet been heard. In addition to the 5 previously frozen accounts, 3 new accounts have been frozen, with a total of 119 million yuan applied for freezing, and 45.9199 million yuan actually frozen, accounting for 5.07% of the most recent audited net assets attributable to the parent company and 14.41% of the cash balance. All frozen accounts are general accounts and have not caused substantial impact on the company's capital turnover and daily operations. The company will negotiate and communicate to protect its rights in accordance with the law

Genew has added account freezes, involving a lawsuit amount of nearly 119 million yuan

Genew released its semi-annual report for 2025, with operating revenue of 350 million yuan, a year-on-year decrease of 6.82%. The net loss attributable to shareholders of the listed company was 47.5941 million yuan, and the net loss after deducting non-recurring gains and losses was 54.6733 million yuan, with a basic loss per share of 0.2472 yuan. Gross profit has narrowed, and the provisions for asset impairment losses and credit impairment losses have increased

Genew released its performance for the first half of the year, turning from profit to a loss of 47.5941 million yuan

On the evening of August 19, Genew announced that the company and its holding subsidiaries had received a total of government subsidies amounting to RMB 6.0487 million from January 1, 2025, to the date of this announcement, accounting for 22.05% of the audited net profit attributable to the shareholders of the parent company for the most recent fiscal year. The aforementioned government subsidies are expected to have a positive impact on the company's profits for the year 2025

Genew: Cumulative government subsidies received in 2025 amount to 6.0487 million yuan

According to reports from Genew, the product launch conference for the "ZhiLian JianAn - Vertical Industry Large Model for Construction Safety and AI Intelligent Body" will be held on August 29 at the Intel Greater Bay Area Technology Innovation Center, and a cooperation signing ceremony will take place

Genew: The "Smart Connection Construction" industry large model and AI intelligent body product launch conference is about to be held

300308

301486

600487

300502

600498

The A-share optical communication module sector led the gains, with HTGD rising 6.6%, Eoptolink up 5.27%, FiberHome increasing 3.9%, and Zhongji Innolight, Zesum, and Genew all rising over 2%

Zhongji Innolight

Zesum

HTGD

Eoptolink

FiberHome

According to the Qichacha APP, recently, Nanjing Weixingtong Technology Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes: satellite communication services; manufacturing of satellite mobile communication terminals; sales of satellite mobile communication terminals; manufacturing of communication equipment, etc. Qichacha's equity penetration shows that the company is jointly held by Genew and others

Genew and others established a new company, including satellite communication business

002583

399441

002792

600522

688311

China Galaxy Securities released a research report indicating that starting from 2025, the development policy for the marine economy will continue to advance, being elevated to a strategic level for the first time, emphasizing new productive forces such as deep-sea technology. The potential of the marine economy is enormous, with comprehensive empowerment in fields such as communications. It is expected that the global submarine cable market will reach USD 21 billion in 2024 and increase to USD 68 billion by 2032. Local policies are also actively following up to promote the development of emerging industries such as marine electronic information and biomedicine

Hytera

CNI BIOMEDICINE

Tongyu

M&S ELECTRONICS

China Galaxy Securities: The connotation of the ocean economy is further enriched, with comprehensive empowerment in communications and other areas

According to the Zhitong Finance APP, Genew announced that the company plans to issue shares to specific targets, raising a total amount not exceeding 1.069 billion yuan (including the principal). The net amount after deducting issuance costs is intended to be invested in: satellite internet communication product research and development and industrialization projects, and all-optical network system research and development and industrialization projects

Genew plans to raise no more than 1.069 billion yuan through a private placement

Genew(688418.SH)