Impact IPO! Galaxy Aerospace Launches Listing Guidance

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Beijing Business Daily News (Reporter Ma Huanshuan, Li Jiaxue) On the evening of March 30, the China Securities Regulatory Commission website showed that Galaxy Space (Beijing) Technology Group Co., Ltd. (hereinafter referred to as “Galaxy Space”) initiated listing guidance, with the guidance机构 being Huatai United Securities Co., Ltd.

According to the listing guidance filing report, Galaxy Space was established on June 27, 2019. Its registered capital is approximately RMB 44.3819 million, and its legal representative is Xu Ming. In terms of its equity relationship, Xu Ming cumulatively controls 72.87% of the voting rights, making him the company’s actual controller.

Galaxy Space’s official website shows that the company is a satellite internet solutions provider and a satellite manufacturer. It is committed to independent R&D and low-cost volume production of communication payloads, core single machines, and satellite platforms.

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