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80后博士创业,公司7年估值涨超70倍
21世纪经济报道·2025-09-02 02:19

Core Viewpoint - Chengdu Guoxing Aerospace Technology Co., Ltd. (Guoxing Aerospace) has re-submitted its application materials to the Hong Kong Stock Exchange for an IPO, aiming to become the first "AI satellite stock" in the market, following a significant increase in its post-investment valuation from 95 million to over 6.76 billion yuan within seven years [1] Group 1: Company Overview - Guoxing Aerospace was founded by Lu Chuan, who has nearly 20 years of experience in artificial intelligence, aerospace, and communication engineering [5] - The company has launched a total of 27 satellites, including 21 AI satellites, making it the leading private aerospace company in China in terms of AI satellite launches [7] - The company is currently in a loss-making state, with losses increasing from 91 million yuan in 2022 to an expected 1.92 billion yuan in the first half of 2025 [6][13] Group 2: Financial Performance - Guoxing Aerospace's revenue has grown significantly, from 177 million yuan in 2022 to an expected 2.41 billion yuan in the first half of 2025, reflecting a compound annual growth rate of 76.6% [11] - The company's main business segments include satellite-based solutions, satellite and related services, and other services, with satellite-based solutions being the largest revenue contributor [12] - Despite revenue growth, the company remains unprofitable, with a focus on strategic customer acquisition and technology development [13] Group 3: Market Position and Industry Context - According to a report, Guoxing Aerospace ranks eighth among private aerospace companies in China by revenue, with a market share of 2.0% in satellite-related businesses [6] - The private aerospace sector in China is experiencing rapid growth, with revenues expected to increase from approximately 17.8 billion yuan in 2020 to about 126.5 billion yuan by 2029, driven by government support and technological advancements [11] - Guoxing Aerospace's "Star Computing" plan aims to establish a space-based computing network consisting of 2,800 AI satellites, enhancing its competitive edge in the industry [7][9]