Galaxy Aerospace has completed its transformation into a joint-stock company, with Shanghai Hunto Investment participating in the funding round. Ge Guilian has become a shareholder of the company. Ge Guilian is a shareholder and director of Shanghai Hunto Investment, which is controlled by renowned investor Ge Weidong, and is also a relative of Ge Weidong.
According to Tianyancha's official website, on March 17, leading private commercial aerospace firm Galaxy Aerospace (Beijing) Technology Group Co., Ltd. underwent a business registration change. The company's name was changed from "Galaxy Aerospace (Beijing) Network Technology Co., Ltd." to "Galaxy Aerospace (Beijing) Technology Group Co., Ltd.". Its market entity type was changed from another limited liability company to another joint-stock company (non-listed).
Business registration information shows that Ge Guilian of Shanghai Hunto Investment holds a 2.3086% stake in Galaxy Aerospace, with a subscribed capital contribution of 1,024,594 yuan. The initial shareholding date was March 6, 2026.
Shanghai Hunto Investment is an investment institution controlled by well-known investor Ge Weidong. Ge Guilian, a relative of Ge Weidong, holds a 0.2718% equity stake in Shanghai Hunto Investment and serves as a director of the company. In the secondary market, Ge Guilian often invests in or exits listed companies simultaneously with Ge Weidong, and is regarded by the market as an acting-in-concert party of Ge Weidong.
Business registration information indicates that after the equity transfer completed by Galaxy Aerospace on March 6, the shareholding ratio of the company's founder, Xu Ming, decreased from the previous 24.1491% to 18.8973%. Entities such as the Beijing Commercial Aerospace and Low-Altitude Economy Industrial Investment Fund have become shareholders of Galaxy Aerospace. This fund has a scale of 10 billion yuan and focuses on the commercial aerospace and low-altitude economy sectors.
Galaxy Aerospace is a leading satellite internet solutions provider and satellite manufacturer in China, and was the first unicorn company in the country's commercial aerospace sector.
On January 19, 2026, China successfully launched 19 low-orbit satellite internet satellite groups using a Long March 12 carrier rocket from the Hainan Commercial Space Launch Site. The satellites entered their predetermined orbits smoothly, marking a complete success for the launch mission. This set of satellites represents the second group independently developed by Galaxy Aerospace for such space infrastructure construction projects.
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