Core Viewpoint - Shibei Gaoxin indirectly holds a stake in Jiangsu Tianbing Aerospace Technology Co., Ltd., which is aiming to become the first publicly listed company in the commercial aerospace sector in China [1] Group 1: Company Investment - Shibei Gaoxin holds a 2.69% share in the Central China Media Industry Investment Fund, which invested 100 million yuan in Tianbing Technology, acquiring a 0.55% stake [1] - Tianbing Technology focuses on the development of next-generation liquid rocket engines and medium to large liquid launch vehicles, establishing a comprehensive industrial chain from rocket research and development to large-scale manufacturing and dedicated launch facilities [1] Group 2: Production Capacity - Tianbing Technology has the capability to produce 30 units of the "Tianlong-3" large-capacity liquid rocket and 500 units of the Tianhu series engines annually, ensuring large-scale commercial delivery [1] Group 3: Market Positioning - Tianbing Technology has submitted its listing guidance for approval to the China Securities Regulatory Commission, officially pursuing the title of "first stock in commercial aerospace" with CITIC Securities as its advisory institution [1]
市北高新间接参股天兵科技,后者冲刺商业航天第一股