Three main businesses continued to develop China Satellite Communications Co.Ltd(601698) 2021 deduction of non net profit increased by 28%

the annual report of 2021 was released on April 28, China Satellite Communications Co.Ltd(601698) 4, realizing an operating revenue of 2.634 billion yuan; The net profit attributable to shareholders of listed companies was 572 million yuan, a year-on-year increase of 17.09%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 527 million yuan, a year-on-year increase of 28.25%. The basic earnings per share is 0.14 yuan, and it is proposed to pay out 0.29 yuan (including tax) for every 10 shares.

The report shows that in 2021, the company deepened the “12361” development strategy and promoted the coordinated development of three main industries: satellite operation services, industry system integration and comprehensive information services. With the goal of “business platform and platform marketization”, we will comprehensively promote the digital, networked and intelligent construction of all platforms, promote the reform of organization, management, operation and business model, and strive to build a source of original satellite communication technologies.

During the reporting period, the company consolidated its development foundation and its satellite operation service position was stable. The radio and television business is steadily improving, and several sets of HD and 4K Ultra HD programs have been added to the stars, realizing the goal of steady growth of business. The communication business grew steadily. In China, we further revitalized resources, innovated service modes, made a breakthrough in Satellite Internet for individual users, and successfully completed emergency communication support tasks such as major activities, rescue and disaster relief; Overseas, the company cooperated with European television networks to provide overseas users with Winter Olympic Games broadcasting services, obtained the license for satellite landing rights in Thailand for the first time, entered the Maldives video market for the first time, successfully signed a contract with the largest pay TV operator in South Asia, and became another important demonstration project for the company to serve the “the Belt and Road” market.

During the reporting period, the company insisted on active planning and made breakthroughs in industrial system integration business. The company focuses on key areas, deeply studies and analyzes the scenario requirements with upstream and downstream partners of the industrial chain, opens up the communication network, application platform and focuses on key areas, deeply studies and analyzes the scenario requirements with upstream and downstream partners of the industrial chain, opens up the communication network, application platform and terminal industrial chain, and develops characteristic industry application solutions combining “sense, communication and intelligence”. Give full play to the advantages of the operator’s industrial chain and make new breakthroughs in the revenue of system integration business in the fields of broadcasting and communication, national emergency management, natural resources monitoring and so on.

During the reporting period, the company actively cultivated its ability and made remarkable achievements in comprehensive information services. Coordinate the construction of aviation terminal network, comprehensive information service platform and other key areas; Introduce entertainment information services, realize the construction of core functions of users’ Internet access, video, payment and other platforms, and successfully obtain the qualification of aviation materials distributor; The first flight of Ka Internet aircraft in several important markets has promoted the application of independent research and development of airborne communication and entertainment system and domestic Ka phased array antenna. In the field of marine comprehensive information services, the number of “starfish” online ships has made another breakthrough. Through the independent development of “shipborne integrated application gateway” and “starfish” mobile app, the distributed billing management and intelligent operation and maintenance are realized, and the shipborne integrated information service capability is effectively improved.

The company has independently controllable and systematic communication and broadcasting satellite resources, frequency orbit resources and ground station network resources. As of December 31, 2021, the company has operated and managed 14 commercial communication and broadcasting satellites, with 7 × 24-hour, 24-hour, high-quality service capability, with China’s only commercial satellite interference screening system. The company’s Broadcasting and communication services cover the whole territory of China, the surrounding areas and the main areas of the “the Belt and Road”. The “haixingtong” global network covers more than 95% of the world’s maritime routes. The first Ka high-throughput satellite, Zhongxing 16, covers more than 90% of China’s air routes, as well as the central, Eastern and offshore regions. The company focuses on building application platforms for marine, aviation and other industries, focuses on the development of “sensory transmission and intelligent use” information system integration services, and promotes the accelerated development of aerospace characteristic comprehensive information services.

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