Chengdu Guoxing Aerospace Technology Co., Ltd. has received a filing notice from the International Cooperation Department of the China Securities Regulatory Commission for its overseas listing and the "full circulation" of domestic unlisted shares, according to a notice dated October 30.
The company plans to issue no more than 84,096,100 overseas-listed ordinary shares and list them on the Hong Kong Stock Exchange.
A total of 99 shareholders of the company intend to convert an aggregate of 397,904,170 domestic unlisted shares into overseas-listed shares for trading on the Hong Kong Stock Exchange.
According to its prospectus, Guoxing Aerospace is a Chinese commercial space enterprise with a strategic focus on satellites and related services as well as satellite-based solutions.
Leveraging its core strengths in commercial space and artificial intelligence, Guoxing Aerospace designs and develops commercial satellites, ensures stable operations and management, and provides customized satellite-based solutions to meet the diverse needs of customers.
Based on Frost & Sullivan data, measured by 2025 revenue, Guoxing Aerospace ranks second among all private Chinese commercial space companies that manage the entire value chain of the satellite industry.
Building on its proprietary Lingjing Engine, Guoxing Aerospace has expanded into satellite-based solutions services.
By applying AI and commercial space technologies, the company provides scenario-specific solutions across multiple fields, including spatial intelligence and computing services, digital city applications, urban governance, and cultural, tourism and gaming applications.
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