As indicated by data from the Tianyancha App, the commercial rocket company under the China Aerospace Science and Technology Corporation has recently undergone significant industrial and commercial updates. Its registered capital has surged from 1.396 billion yuan to approximately 4.17 billion yuan, representing a substantial increase of nearly 200%. Founded in September 2024, the company is led by legal representative Hou Zhengquan. Its operations encompass a wide range of activities, including technical services for civil space launches, research and development, and manufacturing of rocket control systems and engines. Additionally, the company is involved in the research, development, and production of rocket launch equipment, special equipment design, and various technical services such as technology development, consultation, exchange, transfer, and promotion. The enterprise is a collaborative venture among several key stakeholders, including the China Aerospace Science and Technology Corporation, China Great Wall Industry Corporation, and Shanghai Aerospace Equipment Manufacturing Factory Co., Ltd.