From the promotion of 5G-A (5G evolution network) providers to use the approved 6G technology test frequency, from the 10 gigabit optical network pilot to the satellite interconnection network. A new generation communication network with high speed and integrated nature is being built at an accelerated pace, driving the upgrading of network equipment, chip devices, special instrumentation, and intelligent terminals. According to estimates, the next five years, the new generation of communication network is expected to drive the upstream and downstream total output of about 7 trillion yuan. On June 9, the Suzaku II improved Remote-6 carrier rocket successfully sent Qianfan DTC01 and China Mobile 02 into the scheduled orbit in the manner of "one arrow and two stars," and the launch mission was a complete success. The two satellites are mainly used to conduct test verification of technologies such as mobile phone direct satellites and terrestrial network fusion. Among them, China Mobile 02 was developed by Galaxy Space. Lin Guangrong, architect of the Galaxy Space Constellation Communications System, told reporters that satellite communications in the "new generation communication network" are both the builders of the space information highway. It is also a key component of the 6G world integrated network, and forms a deep complement to the ground 5G and 6G networks in terms of coverage and application scenarios. "In the next decade, satellite Internet is expected to fully cover traditional network blind areas such as deserts, oceans, and mountainous areas, stimulating the development of phase control array antennas, large on-planet energy, and digital processing payloads." He said. Accelerate the commercialization of 5G A scale, and carry out the 10 gigabit optical network pilot in an orderly manner; Approve the frequency of 6G technology test, and further promote the process of 6G technology research and development, standard development and industrialization in China; Launch 6G Innovation and Development Ministry and Provincial Collaborative Pilot Special Action; Carry out commercial trials of satellite IoT business to promote the creation of a scale effect of satellite Internet of Things. Since the beginning of this year, the Ministry of Industry and Information Technology and other departments have unleashed policy benefits to promote the construction of a new generation of communication networks.  “The 'new' of the new generation of communication networks lies in network architecture restructuring, capability transition and application innovation.Communication has been deeply integrated with AI, perception, and computing, enabling the transition from “Internet of Things” to “Internet of Everything.”” Zhang Tendeng, director of the Intelligent Communications Research Unit of the Electronic Information Research Institute of the China Institute for the Development of Electronic Information, said that its industrial value is not only reflected in the communication equipment itself, but also in creating dual opportunities for technology iteration and scale expansion for all parts of the industrial chain. Taking the development of 6G as an example, the study predicts that China will achieve large-scale commercial deployment of 6G by 2035, and is expected to cultivate a trillion yuan 6G industry and application market. Huang Yuhong, dean of the China Mobile Research Institute, said that 6G will promote the scale application of new scenarios and realize closed-loop commercial applications from technological breakthroughs to industrial applications, such as for 6G intelligent business, exploring new business forms and new business models such as body intelligence and intelligent body communication. For typical scenarios such as immersive experience, industrial internetworking, and low-altitude economy, we systematically cultivate 6G "presented-level applications." Institutions are also optimistic about investment opportunities in relevant segments. IDC China assistant research director Cui Kai said that the new generation of communication network investment opportunities are great, belong to the "stars and the sea" direction. Take satellite Internet as an example. In the short term, we look at satellite manufacturing, phase control array antennas, radio frequency chips, ground stations, measurement control systems, and test instruments. In the medium to long term, constellation operations, industry terminals and scenario applications are looked at. However, Cui Kai also said that the valuation of relevant companies cannot be extrapolated beyond imagination, and it is really worth tracking orders, end costs, customer payability and cash flow, not conceptual heat. Gu Chenhao, chief researcher at Huijin Finance, believes that overall, the whole chain has great opportunities when looking at core components upstream, equipment construction in midstream, and scenario landing in the downstream. Among them, the upstream core is high-frequency semiconductors and materials, core chips, optical communication devices, satellite core components and basic components. The midstream is mainly concerned with base stations, wired equipment, wireless equipment, optical network equipment, satellite manufacturing launches and network construction. The downstream focus is on terminal and industry applications, including satellite direct mobile phones, VR / AR equipment, as well as industrial internetworking, car networking, low-altitude economy, smart medical, etc., the largest long-term space. In the face of broad industrial opportunities, a number of listed companies and unicorns are targeting key areas and increasing their investment in technology and capital. At present, commercial satellite manufacturing company MinaStar has laid down full chain production and research bases in Beijing, Wuxi, Changchun and Chengdu, among which the intelligent production line in Wuxi has the capacity to produce more than 150 200 to 500 kg satellites per year. In addition, China Mobile said that it was gearing up for the "15th Five-Year Plan," We will promote the evolution of the "double gigabit" network to "double trillion" networks, strengthen the research and development of key core technologies for communication networks such as 5G-A, 6G, satellite Internet, and accelerate the construction of next-generation information infrastructure that integrates sensory, computing, and intelligence, and integrates space, space, and sea, and is safe and controllable. Sinotech Mobile recently announced that it plans to raise no more than 7 billion yuan, of which 1.5 billion yuan will be invested in air-ground integration mobile communication industrialization projects, 1.85 billion yuan will be used for air-ground integration research and development, and 1.85 billion yuan will be used for 6G research and development, with a total investment of 9.5 billion yuan. Zhang Tianding believes that in the future, enterprises in relevant industries need to grasp the three major opportunities of technological advancement, scene integration and eco-coordination to layout core circuits, namely focusing on key core links such as 6G universal sensing fusion, intelligent super surfaces, and terahertz devices, strengthening technological innovation, and building technological competitive barriers. To create benchmark solutions in key areas such as industrial manufacturing and low-altitude economy, and to match the value of technology with market demand. At the same time, we will strengthen the coordination between upstream and downstream and deepen our integration into the ecology of industrial development. (Looking ahead to a new era)