CASC Commercial Rocket Unit Triples Registered Capital to About RMB 4.17 Billion

China Aerospace Science and Technology Corp (CASC) Commercial Rocket Co., Ltd. increased its registered capital to about RMB 4.17 billion from RMB 1.396 billion, according to corporate registry data from Tianyancha cited by Jiemian News. The company was established in September 2024 and is legally represented by Hou Zhengquan. Its business scope includes civil space launch technology services, R&D of rocket control systems, and the R&D and manufacturing of rocket engines and launch equipment, as well as special equipment design and related technical services. Shareholders include CASC, China Great Wall Industry Corp, and Shanghai Aerospace Equipment Manufacturing Plant Co., Ltd., among others.