Star Pivot Plan: Space Computing Enters Mass Deployment, Supply Chain Valuation Reset

From an industry cycle perspective, space-based computing is currently in its introduction phase (from 0 to 1), similar to the early stage of satellite internet in 2019. Shanghai released the Star Hub Plan, providing a clear commercialization timeline earlier than market expectations. With the initial constellation launching in 2027 and completing the deployment of a thousand stars during the commercial operation phase, this pace signals a confirmed inflection point in the prosperity of the entire supply chain.