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China Satcom

601698.SS

China Satellite Communications Group Co.

Beijing, China Est. 2001 Government
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Founded
2001
Headquarters
Beijing, China
Stage
Public
Ownership
Listed
Market cap
$15.0B-10.2% 30d
Quick Facts
Country
China
Founded
2001
Type
government
Status
operational

About China Satcom

Updated 2026-09-05

China Satellite Communications Group Co., Ltd. (China Satcom, 中国卫星通信集团) is a Beijing-headquartered state-owned enterprise established in 2001 under the State-owned Assets Supervision and Administration Commission (SASAC) — operating China's primary fleet of domestic GEO communications satellites and providing satellite broadcasting, broadband internet, VSAT enterprise services, maritime communications, and government satellite telecommunications services across China and internationally.

China Satcom operates the ChinaSat (中星) family of communications satellites — a fleet of Ku-band, Ka-band, and C-band GEO satellites positioned across multiple orbital slots serving China's vast geographic extent (spanning 5,200 km east-west and 5,500 km north-south). Key satellites include ChinaSat-6B, ChinaSat-10, ChinaSat-11, and the high-throughput ChinaSat-16 (Zhongxing-16) — China's first Ka-band high-throughput satellite with 20 Gbps capacity, used for aviation connectivity, maritime broadband, and rural internet access. More recently, ChinaSat-17 and ChinaSat-19 have expanded the fleet's capacity.

Direct-to-home (DTH) television broadcasting is the largest revenue segment: China Satcom provides the satellite capacity for China Central Television (CCTV), provincial satellite channels, and pay-TV operators to distribute programming nationwide, including to rural areas beyond cable television reach. The government's Village-to-Village Satellite Broadcasting program used China Satcom satellites to deliver digital television to China's remaining unserved rural villages.

Enterprise VSAT services support financial institutions, petroleum companies, mining operations, and government agencies requiring private satellite network connectivity in remote locations. Maritime communications services connect Chinese fishing fleets, merchant shipping, and offshore platforms. Aviation connectivity for domestic airlines is a growing segment as Chinese aviation expanded rapidly.

China Satcom's satellites are manufactured primarily by China Academy of Space Technology (CAST, DFH-4/DFH-5 bus platforms) and launched on Long March rockets. Internationally, China Satcom competes with commercial operators including Intelsat, SES, and Eutelsat for capacity in markets where Chinese satellite coverage overlaps with Southeast Asia, Central Asia, and Africa.

Signals

Market cap, 90 days
-26.1%
Verification
Verified 2026-09-05

Stock Performance

601698.SS · Daily close data

Yahoo Finance

Funding

Market Cap
$15.0B

Location

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Frequently asked about China Satcom

Quick answers to the questions readers most often search for.

When was China Satcom founded?
China Satcom was founded in 2001 in China.
Where is China Satcom headquartered?
China Satcom is headquartered in Beijing, China.
What does China Satcom do?
China Satellite Communications Group Co., Ltd. (China Satcom, 中国卫星通信集团) is a Beijing-headquartered state-owned enterprise established in 2001 under the State-owned Assets Supervision and Administration Commission (SASAC) — operating China's primary fleet of domestic GEO communications satellites and providing satellite…
Is China Satcom publicly traded?
Yes. China Satcom trades under the ticker 601698.SS on Shanghai.
What sector does China Satcom operate in?
China Satcom works in satellite operators, Satellite communications and Communications, plus 2 other space-industry sectors.

Sources

The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.

  1. Official website (www.chinasatcom.com)
  2. Market data via Yahoo Finance (601698.SS) · retrieved 2026-09-14
  3. Wikidata / Wikipedia · retrieved 2026-09-04
  4. Merged duplicate entry chinasatcom · retrieved 2026-09-05

Data Accuracy Notice: Information about China Satcom is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.

Matched to Wikidata · data pass September 5, 2026
Editorial owner: Dr. Donovan, Editor-in-Chief Company representatives may submit corrections This page does not constitute an endorsement or affiliation Learn about our data methodology