星河动力启动IPO辅导，年内商业航天企业密集开启上市进程

Group 1 - The core point of the article is that Beijing Xinghe Power Aerospace Technology Co., Ltd. has submitted an IPO counseling report to the Beijing Securities Regulatory Bureau, with potential plans to list on the Sci-Tech Innovation Board or the Growth Enterprise Market [1][3] - Xinghe Power recently completed a D-round financing of 2.4 billion yuan, with investors including various government and investment funds [1][3] - The funds from the financing will primarily be used to accelerate the development and production capabilities of the "Zhishenxing" series of reusable liquid launch vehicles and the "Gushenxing II" medium solid launch vehicle [3] Group 2 - Xinghe Power is the first private aerospace company in China to achieve continuous and stable successful rocket launches, having completed 20 rocket launches and deployed 85 satellites for 27 commercial satellite clients [3] - The company offers a full product range of launch vehicles with payload capacities from 300 kg to 58 tons, and is developing a new generation of reusable medium to large liquid launch vehicles to meet various mission requirements [3] - The commercial aerospace market in China is expected to exceed 2.5 trillion yuan this year, with many companies initiating their IPO processes in the second half of the year [3][4] Group 3 - Recent regulatory policies from the China Securities Regulatory Commission support the listing of companies in emerging sectors such as artificial intelligence and commercial aerospace, enhancing the inclusivity of the capital market [4]