China Aerospace Science and Technology Corporation Commercial Rocket Co., Ltd. was officially established in Shanghai on September 26, 2024 with a registered capital of 1 billion yuan.

The company is jointly held by Long March Space Launch Technology and Special Vehicle Equipment Co., Ltd., Aerospace Power Technology Research Institute, etc. According to public industrial and commercial information, the company's business scope includes: rocket control system research and development; rocket engine research and development and manufacturing; rocket launch equipment research and development and manufacturing; special equipment design, etc.

In addition, China Aerospace Science and Technology Group Commercial Satellite Co., Ltd. was just established in Hebei on September 22, 2024, with a registered capital of 1.2 billion yuan, and is jointly held by China Aerospace Science and Technology Group Co., Ltd., Beijing Satellite Manufacturing Plant Co., Ltd., etc.