又一商业航天公司，IPO新动作

Core Viewpoint - Zhongke Aerospace Technology Co., Ltd. has initiated its IPO counseling process, marking a significant step in the commercial aerospace sector in China, which is experiencing rapid growth and increasing investment opportunities [1][6]. Company Overview - Zhongke Aerospace was established on December 19, 2018, with a registered capital of 360 million yuan. The company is primarily engaged in the development of medium to large rockets, customized space launches, suborbital scientific experiments, and space tourism [1][3]. - The company is the first mixed-ownership commercial aerospace enterprise in China and aims to become a world-class aerospace company [3][4]. - The chairman and president, Yang Yiqiang, has over 30 years of experience in aerospace project management and has contributed significantly to China's rocket development [3][4]. Workforce and Capabilities - Zhongke Aerospace employs over 400 staff, with 60% holding master's degrees or higher and an average of over 10 years of experience in rocket development [4]. - The company has successfully launched its medium solid rocket, Lijian-1, which has placed 63 satellites into orbit, achieving a total payload mass exceeding 6 tons [4][5]. Recent Developments - The latest launch of Lijian-1 occurred on May 21, 2023, successfully deploying six satellites [5]. - The company is preparing for the first flight of its reusable rocket, Lijian-2, which is designed for large-scale satellite constellation deployment and low-cost cargo transport [5]. - Zhongke Aerospace has achieved significant funding milestones, including nearly 600 million yuan in total financing over the past year, with major investments from various institutions [6]. Market Context - The domestic demand for low-orbit satellite launches is projected to reach an average of 18 billion yuan annually over the next three years, highlighting a supply-demand gap in the market [6]. - Recent policies from the China Securities Regulatory Commission aim to support emerging industries, including commercial aerospace, by enhancing the listing standards for innovative companies [7][8].