Tuopu Group establishes an aerospace technology company, including a rocket engine business.

According to the Enterprise Check APP, recently, Ningbo Top Aerospace Technology Co., Ltd. was established with a registered capital of 100 million yuan. Its business scope includes manufacturing of spacecraft and launch vehicles, production of civil aircraft, provision of civil aerospace launch technology services, research and development and manufacturing of rocket engines, etc. Equity penetration data from Enterprise Check shows that the company is wholly owned by Top Group.