Aerospace hi-tech holding group has launched six highly competitive commercial optical satellites globally, marking a new journey in the industrialization of satellite production.
Hong Kong, July 25, 2024 /PRNewswire/ -- Aerospace Hi-Tech Holding Group Limited ("Aerospace Hi-Tech" or "the Group"; stock code: 1725.HK) is pleased to announce the launch of six commercial optical satellites (see appendix for details) and related aerospace products, aimed at entering the global market and expanding the customer base with a competitive pricing strategy to capture the growing demand in emerging markets and small and medium-sized enterprises. This marks a new milestone in the satellite mass production and commercialization of Aerospace Hi-Tech, and an important step in the Group's global strategy. July 25, 2024, is the production of the ASPACE Hong Kong satellite by Aerospace Hi-Tech.
Amazing! The first batch of optical satellites are on sale, marking a crucial step in the commercialization process of Aerospace Hi-Tech Holding Group (01725.HK).
On July 25th, 2023, ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Interstellar Aerospace Technology (01725.HK), officially opened. According to China Central Television news, ASPACE Hong Kong Satellite Manufacturing Center is the first satellite manufacturing center in Hong Kong and one of the largest intelligent satellite manufacturing facilities in the world. The completion of ASPACE Hong Kong Satellite Manufacturing Center means that Interstellar Aerospace Technology has mastered the key to the development of the satellite industry - production capacity. Today, Interstellar Aerospace Technology announced the price of its first batch of optical satellites and is selling them globally. According to the official website, this is
Northeast Securities: Foreign capital dominates the main market of electronic measuring instruments. There is hope for accelerating the localization of technology.
In recent years, the technological strength of domestic enterprises has been continuously improved. Coupled with frequent government support policies, domestic manufacturers' market share is expected to steadily increase. The booming development of industries such as 5G, internet of things, new infrastructure, and consumer electronics will bring stable demand growth for electronic measuring instruments.
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HK stocks surge | Aerospace hi-tech holding group (01725) rose more than 6%, selling electrical components services project and seeking cooperation for multiple aerospace related businesses.
According to the smart finance and economics APP, Aerospace Hi-Tech Holding Group (01725) rose more than 6%, as of the press release, it rose by 6.42% to HKD 1.16 with a turnover of HKD 1.7813 million. In terms of news, Aerospace Hi-Tech Holding Group announced that it plans to sell all of the issued shares of the target company Productive Glory Limited for HKD 37.387 million. It is reported that the company is engaged in investment business, holding electrical components services (EMS) business, especially focusing on custom products and services related to printed circuit board assembly (PCBAs). The company believes that the disposal items are in line with the development of the group.
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Aerospace hi-tech holding group (01725) plans to sell the entire equity of Productive Glory Limited for 37.387 million Hong Kong dollars.
Zhicheng Finance APP News, Aerospace Hi-Tech Holding Group (01725) announced that on June 28, 2024, the seller (a wholly-owned subsidiary of the company, Total United Holdings Limited) plans to sell all the issued shares of the target company Productive Glory Limited to the buyer Stable Brand Limited for a total of HKD 37,387,000. The company believes that the sale is in line with the group's development strategy, which focuses on the banking and financial industry, EMS business for telecommunication devices and aerospace industry.
Hong Kong Aerospace Group Announces Major Disposal
Express News | Hong Kong Aerospace Technology - Unit to Sell 50,000 Shares of Productive Glory for HK$37.4 Mln
USPACE Technology to Raise HK$31.8 Million via Share Subscription
Aerospace Hi-Tech Holding Group (01725.HK) has completed the issuance of a total of 31.8 million shares.
On June 26th, Gelunhui announced that Aerospace hi-tech holding group (01725.HK) is pleased to announce that all conditions of the subscription agreement have been met and the subscription has been completed on June 26th, 2024 in accordance with the terms and conditions of the subscription agreement. A total of 31.8 million shares of subscribed shares (equivalent to approximately 8.89% of the company's fully issued share capital immediately before the completion of the transaction and approximately 8.17% of the company's fully issued share capital after all the subscribed shares have been issued and enlarged by the company) have been allotted and issued to subscribers.
Aerospace hi-tech holding group (01725) has completed the issuance of 31.8 million subscription shares.
Aerospace hi-tech holding group (01725) announced that all the conditions stated in the subscription agreement have been achieved, and the subscription agreement has been executed according to...
Aerospace hi-tech holding group (01725): Gu Jiali resigned as director.
The Interstellar Aerospace Hi-Tech Holding Group (01725) announced that at the end of the shareholders' annual meeting, (i) Gu Jiali has retired as a director and has suspended his duties as an executive director and vice chairman of the board; and (ii) PwC has retired as the company's auditor.
USPACE Technology to Raise HK$32 Million via Share Subscription
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HK stock market movement | Aerospace Hi-tech Holding Group (01725) fell nearly 7% in the afternoon. The company announced a 14% discount on the net amount of HKD 31.8 million for the rights issue.
Aerospace hi-tech holding group (01725) fell nearly 7% in the afternoon. As of press time, it fell by 5.93%, with a price of 1.11 Hong Kong dollars and a turnover of 2.8445 million Hong Kong dollars.
Express News | Hong Kong Aerospace Technology - to Allot and Issue 31.8 Mln Subscription Shares at HK$1.01 per Share
Aerospace Hi-tech Holding Group (01725) issued 899,800 shares based on the conversion of convertible bonds with collateral for exchangeable stocks.
Aerospace Hi-Tech Holding Group (01725) has announced that, according to the convertible securities with collateralized securities, the convertible securities can be exchanged for stocks by 2024...
USPACE Technology Group's First Test Satellite Manufactured for Brazil's Alya Space Successfully Leaves the Production Line
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