Xingwang Yuda Denies Business Link to Long March 10 Rocket Recovery Tech
Xingwang Yuda has announced that its satellite communication business has achieved 12.33% of its total operating revenue for the 2025 fiscal year. The company explicitly stated that this business segment has no operational connection to the recently reported technological breakthroughs in the sea recovery of the Long March 10B carrier rocket. Xingwang Yuda confirmed it was not involved in the research, development, or supply chain for this rocket project.
Furthermore, the company clarified that it is not undergoing any cross-industry transformations or significant industrial investments. While areas like the low-altitude economy, low-orbit internet, autonomous driving, and anti-drone technology have garnered market attention, Xingwang Yuda's involvement in these sectors has not yet generated substantial revenue. These businesses currently represent less than 5% of the company's total revenue, have a small overall scale, and do not significantly impact short-term operating performance, with their future expansion facing inherent uncertainties.
Xingwang Yuda's statement addresses market speculation linking its satellite communications division to advancements in rocket recovery technology, clarifying a lack of direct business association. The company also provides a transparent breakdown of its revenue streams, indicating that emerging technology sectors like the low-altitude economy and autonomous driving, while strategically pursued, currently contribute minimally to overall financial performance. This disclosure aims to manage investor expectations by distinguishing between areas of market interest and their current financial impact, highlighting the nascent stage and inherent uncertainties in scaling these new ventures. The company's communication strategy appears focused on mitigating potential stock volatility by providing factual data on business relationships and revenue contributions, thereby guiding market perception toward its established satellite communications segment and the early-stage nature of its diversification efforts.
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