China Satcom: to purchase satellites, launch vehicles and related technical services
China Satcom announced on the evening of 25th that the company plans to invest in the construction of replacement satellite for radio and television satellite and to increase large capacity broadband satellite resources. The company plans to purchase satellites and related assembly and testing technology services from China Academy of space technology, and plans to purchase the long march 3B enhanced launch vehicle from China Academy of launch vehicle technology. The total amount involved in this daily related party transaction is 3.918 billion yuan.
This text is a result of machine translation.
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