Tongyu Communication has added 150 million yuan to invest in commercial aerospace, satellite communication and other fields

Tongyu Communication announced that recently, through the resolution of the partners' meeting, the investment amount of the partnership enterprise has been changed from RMB 50.1 million to RMB 200 million, with an additional investment of RMB 150 million. In order to further deepen the company's satellite communication development strategy, optimize investment structure, and enhance investment value, the company, as a limited partner, has increased its subscribed capital to the partnership enterprise by 150 million yuan with its own funds. A partnership enterprise jointly established by the company and professional investment institutions, focusing on investing in commercial aerospace, satellite communication and other fields. The company's newly added subscribed partnership enterprise capital can further deepen the company's satellite communication development strategy, which is beneficial for the company to continue to increase high-quality assets, cultivate the satellite communication industry, and promote the sustained high-quality development of the company's satellite communication business.