Goldman Sachs Sees Tongyu Communication Benefiting From Low-Orbit Satellite Buildout

Goldman Sachs said Tongyu Communication has experience in low-Earth orbit satellite phased-array antennas, a broad product lineup, and an early foothold in key low-Earth orbit satellite constellation supply chains. As China advances construction of its low-Earth orbit satellite constellations, Goldman Sachs is positive on the company's growth outlook in related businesses, according to 36Kr.