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CITIC Construction Investment

CITIC Construction Investment is a research and investment firm that analyzes market trends and provides recommendations, particularly within the A-share market. While not directly involved in manufacturing or launching spacecraft, they offer insights into industries related to space, such as deep-sea technology and aerospace engineering projects. They focus on economic trends, market confidence, and potential investment opportunities in various sectors. CITIC Construction Investment also analyzes the implementation of AI in different industries.

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All verified mentions of this organization in source documents.

Orbital Chenguang’s strategic credit lines were secured from the Bank of China, the Agricultural Bank of China, the Bank of Communications, Shanghai Pudong Development Bank, CITIC Bank, China Merchants Bank, China Minsheng Bank, the Industrial Bank, Huaxia Bank, China Everbright Bank, the Bank of Beijing, and the Bank of Hangzhou.

FinancialRelationshipsValue 4.0Apr 23, 2026China Seriously Backs Space-Based Compute With Over 57 Billion Yuan Financed

CAS Space raised $31,000,000 in 2021 with leading investors including CITIC Juxin (owned by CITIC Group Corporation), Zhongke Chuangxing (an accelerator fund set up by CAS), and Yuexiu Industrial Investment.

FinancialRelationshipsValue 4.0Oct 31, 2024CAS Space of China aims to go international

CAS Space raised $31,000,000 in 2021 with leading investors including CITIC Juxin (owned by CITIC Group), Zhongke Chuangxing, and Yuexiu Industrial Investment.

FinancialRelationshipsValue 4.5Jan 31, 2023China’s CAS Space outlines rocket series, inaugurates manufacturing facility

CAS Space raised $31,000,000 in 2021, with leading investors including CITIC Juxin (owned by CITIC Group Corporation), Zhongke Chuangxing, and Yuexiu Industrial Investment.

FinancialRelationshipsValue 4.0Jul 27, 2022CAS Space puts six satellites in orbit with first orbital launch

Shareholders controlling 99.8% of AsiaSat shares not already held by majority owners CITIC and Carlyle voted in favor of privatization on 2019-08-23.

GovernanceLegalValue 3.5Aug 23, 2019AsiaSat shareholders accept privatization offer

CITIC and Carlyle proposed on 2019-06-24 to pay 1.022 billion Hong Kong dollars ($130,800,000) to acquire the remaining AsiaSat shares.

RelationshipsFinancialValue 4.5Aug 23, 2019AsiaSat shareholders accept privatization offer
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