The satellite to complete its restructuring to determine the main industry NavInfo a listing - News - Business News

4 12 AP, in the April 10 re-incorporated into China Satcom celebrate the anniversary, said another person familiar with the current situation was the satellite, it is learned that restructuring over the past year, radio and television satellite transmission market share 100 %, and the new company's four-dimensional map of listing applications has passed, will visit the GEM. Substantial growth in all three main 2009 year on April 1, deepen China Satcom telecommunications system according to the state's overall plan for basic telecommunications services in Peel, the overall integrated into the China Aerospace Science and Technology Corporation. Previously, Sina technology has disclosed restructuring over the past year, compared with total assets of China Satcom into the early growth of 76.28 percent reorganization, revenue grew 25%, total profit increase of 26.9%. Source further disclosed that China Aerospace Science and Technology Group attaches great importance to Chin a Satcom, China Satcom has been built into the core enterprise of China's space and satellite service operators leading services companies, the overall strength and significantly enhance the core competitiveness, show the full benefits of restructuring. The same time, China Satcom basically completed the restructuring of the company's work to develop the space segment operations, geographic information and location services, satellite services, ground operations focused on three main business, the full integration of satellite earth construction of integrated information services company. Learned that restructuring over the past year, China Satcom's space segment resources, enhanced strength, operation and management of the eight in-orbit satellites, six satellites under construction, three planning satellite. Satellite space segment operations deep plowing domestic, to expand international business grew 23.32 percent. Domestic operations, the first time a radio and televi sion satellite transmission market share 100% of the successful completion of the sixtieth anniversary of National Day, the "two sessions" and other important national security activities transport security tasks; overseas operations, use from 76.5 degrees to 138 degrees east longitude of Satellite Fleet advantages, new development in Indonesia, Nepal, Myanmar and other countries the market to achieve new breakthroughs in overseas business. The new company's upcoming four-dimensional map In addition, the restructuring of the past year, China Satcom and location of geographic information services business to continue leading the business revenues increased 31.9%, total profit increase of 52.5%. For the public to provide more convenient services, China Satcom China's first launch of the pedestrian navigation map products; provide dynamic traffic information services, the city has increased to 15; aerial territory covering a total area of more than 50%; successful bid nanshui north state key project; issued by the Audit Committee The Audit Commission, the company became affiliated NavInfo application by starting small plate the first map makers. In the service business, China Satcom's satellite ground operations services to be issued by press and publication authorities to carry out satellite-based digital publications, and national chain distribution business operating license qualification. China Satcom seize the opportunities of new media industries, set up a live satellite digital information Technology Co., Ltd., to digital distribution business traction, spread across the country will be fully operational digital publication distribution network, for 1000 million families and groups provide a variety of multimedia information services. China Satcom said that in the future development, will be focusing on the China Aerospace Science and Technology Corporation built a new system of aerospace science and technology development strategy, fir mly grasp the new satellite application industry as a major strategic opportunity, taking the market scale, the direction of international development efforts to create world-class satellite integrated information services company.

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