CITIC Securities is a leading Chinese investment bank and securities company. While not directly involved in manufacturing spacecraft or providing launch services, it plays a role in the space industry through investment banking, asset management, and wealth management, directing capital towards sectors including aerospace, advanced materials, and new technology. CITIC Securities is a subsidiary of CITIC Group, a large Chinese conglomerate and has been involved in financing and underwriting bonds for companies in new energy, technology and other related sectors. Key activities include underwriting green bonds and IPOs and providing financial services to corporations, governments, and high-net-worth individuals.
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Hongqing Technology’s Pre-B round financing included participation from Sichuan Development Science and Technology Innovation Fund, Guotai Haitong, BOC International, CITIC Securities, Industrial Securities, Yuanyu Capital, Bofu Fund, Jinfurong Aerospace and Ocean Fund, Zijin Guorui Industrial and Financial Fund, Xiamen Jianyuan Jinchuang Rail Fund, Jianyuan Xiangneng Xingwang Fund, Bank of Communications Investment, Chengdu Jiazi Capital, and ABC Investment.
Orbital Chenguang’s A1 round was backed by Haisong Capital, CITIC Securities Investment, Cathay Capital, Inno Angel Fund, Anhui Xinhua Group, Zhike Industrial Investment, Kunlun Capital, and Lizhe Fund.