According to media reports, LandSpace has garnered widespread attention as the first private aerospace enterprise in China to successfully recover the first stage of a carrier rocket. Data from the Tianyancha App reveals that LandSpace Space Technology Co., Ltd., established in June 2015 with Zhang Changwu as its legal representative, engages in a range of businesses including industrial design, professional design services, and industrial engineering design. The company is jointly owned by Beijing Future Aerospace Technology Co., Ltd., Zhang Changwu, Guangzhou Bilan Enterprise Management Partnership (Limited Partnership), and other entities. Notably, the number of its insured employees surged from 31 in 2016 to 480 by 2025, while its registered capital skyrocketed from 500,000 RMB to 360 million RMB during the same period.
