Recently, Jinan Space Pioneer Aerospace Technology Co., Ltd. made its formal debut, with Kang Yonglai serving as its legal representative and a substantial registered capital of 200 million yuan. The scope of the company's operations is extensive, encompassing the production of mechanical and electrical equipment. Moreover, it delves into the research and development (R&D), as well as the manufacturing, of rocket launch equipment, control systems, and engines. This newly-established entity is indirectly wholly-owned by Jiangsu Space Pioneer Aerospace Technology Co., Ltd., marking a significant stride in the aerospace sector.
