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Triangle Defense: jointly establishes a joint venture with Xi Ce Testing and others, with a registered capital of 500 million yuan
Triangle Defense announces that the company plans to jointly establish a satellite on-orbit delivery joint venture with Xice Testing, Ruitou Energy, and Shaanxi Aerospace Institute. The joint venture will integrate satellite design, launch services, on-orbit tracking and control, and data services, with a registered capital of 500 million yuan. Triangle Defense will contribute 200 million yuan, holding 40.00%; Xice Testing will contribute 140 million yuan, holding 28.00%; Ruitou Energy will contribute 140 million yuan, holding 28.00%; Shaanxi Aerospace Institute will contribute 20 million yuan, holding 4.00%.