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Data from the Tianyancha App reveals that China Aerospace Science and Technology Corporation Commercial Rocket Co., Ltd. has recently undergone significant industrial and commercial updates. New shareholders, including China Great Wall Industry Corporation and Xi'an Aerospace Propulsion Institute, have joined the fold. The company's registered capital has soared from around 4.17 billion yuan to approximately 6.88 billion yuan, reflecting a substantial 65% increase. Founded in September 2024 and with Hou Zhengquan as its legal representative, the company's core operations encompass civil space launch technical services, rocket control systems, and the research, development, and manufacturing of engines. Currently, it is jointly owned by the Shanghai Academy of Spaceflight Technology, China Aerospace Science and Technology Corporation, and the newly introduced shareholders.
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