The YH Intelligent Industry Fund has completed an investment in Beijing Zhongke Aerospace, positioning itself strategically to capitalize on the growing demand in the commercial space sector in China.

Target Company Overview

Recently, the YH Intelligent Industry Fund, under the Creative Investment Group, completed an investment in Beijing Zhongke Aerospace Exploration Technology Co., Ltd. ("Zhongke Aerospace"). Established in 2019, Zhongke Aerospace was initiated by the Chinese Academy of Sciences ("CAS") along with leading teams from the domestic aerospace sector. The company aims to create an integrated platform for aerospace technology exploration and research and development of aerospace launch vehicles, positioning itself as a pioneering enterprise that merges military and civilian applications in commercial aerospace in China and internationally.

The core team at Zhongke Aerospace comprises members from the China Rocket Team, with an average of over 20 years of experience in rocket development. The company is executing a product development strategy that emphasizes solid rocket launches, with plans to follow up with liquid rockets as they progress. Characteristics such as enhanced performance, smart technology, and cost-efficiency are paramount in their new-generation rockets, which will primarily focus on medium-sized solid rockets, effectively addressing existing market gaps and catering to the growing demand for satellite commercial launches.

Industry Overview in China

The commercial space sector in China is rapidly evolving, driven by the increasing global demand for satellite launches and space-related technologies. Although China's commercial aerospace industry began later than its counterparts in the United States and Eur