Aerospace Control Company has established a new company in Hangzhou, containing multiple satellite-related businesses.

The QCC app shows that recently, Hangzhou Shu Chen Technology Co., Ltd. was established, with Dong Wei as the legal representative and a registered capital of 10 million yuan. The business scope includes: integrated satellite technology application systems; manufacturing of satellite mobile communication terminals; integrated satellite remote sensing application systems; manufacturing of communication equipment, etc. QCC's equity penetration shows that the company is wholly owned by Beijing Aerospace Yuxing Technology Co., Ltd.