On January 6, 2026, the control rights of Aerospace Science and Industry Rocket Technology Co., Ltd.—a subsidiary of the China Aerospace Science and Industry Corporation—were formally put up for transfer. The base asking price for the transfer of its 29.5904% stake stands at approximately 3.3 billion yuan, indicating an overall valuation of around 11.2 billion yuan. The company is primarily involved in the research, development, and manufacturing of solid and reusable liquid carrier rockets, as well as orbital spacecraft. It notably developed China’s first vehicle-mounted mobile solid carrier rocket, marking a significant expansion in space launch vehicle capabilities from liquid to solid propulsion.
