Alibaba, SAIC, and More Back Yanxin Satellite with Investment
1 day ago / Read about 0 minute
Author:小编   

Data from the Tianyancha App reveals that Shanghai Yanxin Satellite Technology Co., Ltd. has recently undergone industrial and commercial updates, welcoming new shareholders like Hangzhou Alibaba Entrepreneurship Investment Co., Ltd. and SAIC Group Financial Holdings Management Co., Ltd. This move has seen its registered capital surge from around 2.14 billion RMB to approximately 2.48 billion RMB. Established in March 2018, the company, with Zhang Qi as its legal representative, specializes in satellite communication, navigation, and geographic remote sensing information services. It is now co-owned by Shanghai Lianhe Investment Co., Ltd. and the newly onboarded shareholders.