民营火箭公司星河动力航天启动 IPO 辅导，上月刚完成 24 亿元 D 轮融资

Core Viewpoint - Beijing Xinghe Power Aerospace Technology Co., Ltd. is preparing for its initial public offering (IPO) and has completed a D-round financing of 2.4 billion yuan, with plans to accelerate the development of its reusable liquid launch vehicles and solid launch vehicles [1][4]. Company Overview - Xinghe Power Aerospace is a private rocket company focused on the commercial aerospace sector, providing launch services to domestic and international clients [4]. - The company's core products include the "Zhishen" series of medium to large reusable liquid launch vehicles and the "Gushen" series of small solid launch vehicles [4]. Financing Details - The D-round financing of 2.4 billion yuan was completed at the end of last month, with investors including various municipal investment funds and groups from Beijing, Nanjing, and Sichuan [4]. - The funds raised will primarily be used to enhance the development of the "Zhishen" series and "Gushen No. 2" rocket, as well as to build related production, testing, and launch capabilities [4]. Shareholding Structure - Liu Baiqi and Liu Jianshe directly hold and indirectly control 32.36% of the shares, making them the co-actual controllers of the company [4].