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Chang Guang Satellite completed nearly 5 billion yuan in equity financing.

2026-07-04 04:47:01

According to reports, Changguang Satellite has completed nearly 5 billion yuan in equity financing. This round of financing was co-led by Changfa Group and Lushi Investment, with active participation from well-known investment institutions such as China Chengtong Fund and Orient Asset, while existing shareholders like Haitong Innovation and Shenzhen Capital Group continued to follow. It is understood that the funds raised will be precisely directed toward three core areas: first, accelerating the construction of satellite batch production capacity to improve large-scale manufacturing efficiency; second, continuing to promote the "Jilin-1" satellite engineering network to enhance high-resolution data acquisition capabilities; and third, deepening the development of remote sensing data applications to expand multi-industry scenario-based solutions. (Sci-Tech Innovation Board Daily)

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