Piesat Information Technology Co., Ltd. provides satellite internet services in China. The company provides pixel information expert (PIE), its flagship softwar...
Beijing: Support the expansion of star rocket manufacturing, satellite operation, and other businesses, and provide premium subsidies to enterprises engaged in commercial aerospace insurance according to relevant policies
The A-share commercial aerospace sector fluctuated and rose, with ADDSINO hitting the daily limit in the afternoon, Keshun and TRANSWARP TECHNOLOGY rising over 15%, and SHENJIAN GUFEN and Piesat following suit
Piesat: It is expected that the net profit attributable to shareholders of the listed company for the year 2025 will be negative, and the company's operating performance for 2025 will show a loss
Piesat signed a strategic cooperation agreement with Wuxi Zhongneng Guangchu Technology Co., Ltd. in December 2025, but has not yet carried out substantial business cooperation, and the company does not possess perovskite-related technology, with its main business remaining unchanged. In addition, the strategic cooperation agreement signed with Guangzhou Zhongke Aerospace Exploration Technology Co., Ltd. in July 2023 has also not initiated substantial cooperation, and two and a half years have passed
The three major A-share indices collectively closed lower, and the aerospace and military industry concept continues to explode
"A-Share Focus" Piesat falls over 12% due to violations in drone procurement, banned from participating in military procurement for 3 years