IPO News | Guoxing Aerospace Hong Kong Stock IPO and “full circulation” of domestic unlisted shares were registered by the China Securities Regulatory Commission

The Zhitong Finance App learned that on October 30, the International Cooperation Department of the China Securities Regulatory Commission issued the “Notice on the “Full Circulation” of Overseas Issuance and Domestic Unlisted Shares of Chengdu Guoxing Aerospace Technology Co., Ltd. China Star Aerospace plans to issue no more than 84,096,100 overseas listed common shares and list them on the Hong Kong Stock Exchange. The 99 shareholders of the company intend to convert a total of 397,904,170 domestic unlisted shares into overseas listed shares and list them for circulation on the Hong Kong Stock Exchange.

According to the prospectus, Guoxing Aerospace is a commercial space enterprise in China, and its strategic focus is on satellites and related services as well as satellite-based solutions. With the company's core strengths in commercial space and artificial intelligence, Guoxing Aerospace designs and develops commercial satellites to ensure stable operation and management, and provides customized satellite-based solutions to meet the diverse needs of customers. According to Frost & Sullivan, in terms of 2025 revenue, China Star Aerospace ranked second among all Chinese private commercial space companies managing the entire value chain of the satellite industry.

Based on the company's proprietary Spirituality engine, China Star Aerospace has expanded to satellite-based solution services. Through the application of AI and commercial aerospace technology, the company provides solutions for specific scenarios in various fields such as spatial intelligence and computing services, digital city applications, urban governance, and cultural, tourism and gaming applications.