Focusing on the satellite internet strategic layout, Genew Technologies (688418.SH) has obtained the highest level of software CMMI-5 certification.

Recently, according to Genew Technologies (688418.SH), it has officially passed the CMMI-5 (Capability Maturity Model Integration Level 5) assessment and certification, valid until April 2029. As the internationally recognized "Nobel Prize" in the field of software engineering, CMMI-5 represents the highest level of engineering development capability and organizational process improvement for global software enterprises. The CMMI-5 certification is not only an authoritative endorsement of Genew Technologies' technical strength, but also reflects its deep-level effectiveness in focusing on the strategic direction of satellite internet - during the company's first-quarter investor communications, management clearly stated that in the future, they will focus on the strategic direction of satellite internet and concentrate resources to enhance satellite communication core capabilities, and the attainment of CMMI-5 is an important result of this transformation. The core value of CMMI-5 certification lies in making "data-driven" processes throughout the entire development process. Different from traditional development models that rely on individual experience, Genew Technologies has built a quantified management system covering requirements analysis, architecture design, code writing, testing, and deployment throughout the entire lifecycle, achieving standardized delivery of complex projects through statistical modeling and risk warning mechanisms. This capability is particularly important for high-reliability scenarios such as satellite core networks: facing extreme challenges such as high-speed satellite movement, high latency links, and dynamically changing topologies, the company transforms physical environmental variables into deterministic engineering logic through quantified management, successfully supporting the stable service of the "Skylink" satellite core network to over tens of millions of users, and providing a replicable industrial delivery paradigm for low-orbit constellation core network construction. The strategic shift behind the CMMI-5 certification actually had clues early on. In the first quarter of this year, Genew Technologies management revealed during investor communications that the company had fully launched its strategic layout towards satellite internet: introducing high-end technical talents in the field of satellite core networks and NTN (non-terrestrial network), while actively reducing investments in some low-margin traditional access network and special network businesses. In fact, the 2025 financial report has already shown the preliminary results of Genew Technologies' strategic layout: the core network system business revenue grew against the trend by 45.03% year-on-year, with a high gross profit margin of 56.8%, becoming the core engine driving performance. The landing of the CMMI-5 certification further validates the synergistic effect of R&D system upgrades and strategic focus - in the technology-intensive race of satellite communications, systemic capabilities are replacing individual project experience, becoming a key barrier for enterprise breakthroughs. As the commercial aerospace sector experienced a market recovery in May, the transformation value of Genew Technologies has gradually been recognized by the capital market. Recently, Ping An Securities released its first coverage report, giving the company a "recommendation" rating, pointing out that it is one of the few domestic enterprises that simultaneously possess complete ground and satellite core network capabilities and have experience in low-orbit constellation construction, and is also a supplier for China Telecom Corporation's "Skylink" satellite core network. The research report predicts that from 2026 to 2028, Genew Technologies' net profit attributable to the parent company will reach 87 million yuan, 190 million yuan, and 376 million yuan respectively, with an average annual compound growth rate exceeding 100%, and the satellite core network business will follow the acceleration of the domestic low-orbit satellite internet network construction and become the second growth curve. Currently, the China Spacesat internet industry has entered the stage of large-scale deployment. According to industry data, by the end of 2025, China's planned commercial satellite constellations exceed 120, with a total planned satellite quantity of over 60,000, and a 74% year-on-year growth in commercial communication satellite launches in 2025. In this context, Genew Technologies' positioning advantage is increasingly prominent: the company is deeply involved in national projects such as Skylink and high-throughput satellites, and has completed technical reserves in key areas such as satellite core networks, satellite terminals, and intersatellite links. With the injection of new energy into the R&D system by the CMMI-5 certification, its growth space in the satellite internet sector is worth looking forward to.