Polaris Intelligence

On December 31, East Money reported that LandSpace's IPO has been accepted and is moving forward.

Mentioned as: LandSpaceNarrative GeneralJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

LandSpace's expenditures included 820 million Yuan in 2022, 1.216 billion Yuan in 2023, and 916 million Yuan in 2024 for employee payments, facility expansions, and production of rockets.

Mentioned as: LandSpaceTechnical ProductJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

LandSpace's financial information reveals it earned 780,000 Yuan in 2022, 3.95 million Yuan in 2023, and 4.278 million Yuan in 2024.

Mentioned as: LandSpaceNarrative FinancialJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

LandSpace plans to allocate 4.73 billion Yuan (675.97 million United States Dollars) for improving the capabilities and technology of its reusable launch vehicles, Zhuque-31 and another unnamed 10-meter diameter rocket.

Mentioned as: LandSpaceOrg RelationshipJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

LandSpace plans to build more landing pads away from Jiuquan, with one located in Minqin County, approximately 390 kilometers away.

Mentioned as: LandSpaceNarrative PlanJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

LandSpace aims to raise 7.5 billion Yuan (1.072 billion United States Dollars) through its IPO.

Mentioned as: LandSpaceTechnical ProductJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

LandSpace's control will likely be directed by Zhang Changwu, the Founder and CEO, who holds 6.7277 percent of company shares but has 75.2 percent of the voting rights.

Mentioned as: LandSpaceNarrative GeneralJan 2, 2026LandSpace IPO Moves Forward With 7.5 Billion Yuan Planned to Be Raised

Total R&D expenses since 2022 for Landspace are $327 million.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

Landspace has not sold a launch for more than $5 million.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

Landspace is losing between $100 million and $150 million a year.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

Landspace has incurred $327 million in total R&D expenses since 2022.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

Landspace has not sold a launch for more than $5 million.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

Landspace is raising $1 billion for reusable launch vehicle (RLV) R&D.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

Landspace is losing between $100 million and $150 million a year.

Mentioned as: LandSpaceNarrative FinancialJan 1, 2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

LANDSPACE's IPO application has been officially accepted by the Shanghai Stock Exchange as of December 31.

Mentioned as: LandSpaceNarrative GeneralDec 31, 2025LANDSPACE is going public! 📈🚀 According to the Shanghai Stock Exchange, LANDSPACE's IPO application has officially been accepted as of Dec 31. The company is seeking to raise 7.5 billion CNY (~$1B USD)

LANDSPACE is seeking to raise 7.5 billion CNY, which is approximately $1 billion USD.

Mentioned as: LandSpaceTechnical ProductDec 31, 2025LANDSPACE is going public! 📈🚀 According to the Shanghai Stock Exchange, LANDSPACE's IPO application has officially been accepted as of Dec 31. The company is seeking to raise 7.5 billion CNY (~$1B USD)

LANDSPACE is seeking to raise 7.5 billion CNY, which is approximately $1 billion USD.

Mentioned as: LandSpaceTechnical ProductDec 31, 2025LANDSPACE is going public! 📈🚀 According to the Shanghai Stock Exchange, LANDSPACE's IPO application has officially been accepted as of Dec 31. The company is seeking to raise 7.5 billion CNY (~$1B USD)

Landspace's IPO application has been accepted by the Shanghai Stock Exchange.

Mentioned as: LandSpaceNarrative GeneralDec 31, 2025Landspace has had its IPO application accepted by the Shanghai Stock Exchange. The company is seeking to raise 7.5 billion yuan (~US$1 bn). This follows a Dec. 26 decision to ease IPO rules for commercial rocket companies in China. https://wap.eastmoney.com/a/202512313607127272.html

Landspace is seeking to raise 7.5 billion yuan, equivalent to approximately 1 billion US dollars.

Mentioned as: LandSpaceTechnical ProductDec 31, 2025Landspace has had its IPO application accepted by the Shanghai Stock Exchange. The company is seeking to raise 7.5 billion yuan (~US$1 bn). This follows a Dec. 26 decision to ease IPO rules for commercial rocket companies in China. https://wap.eastmoney.com/a/202512313607127272.html

Landspace is seeking to raise 7.5 billion yuan (~US$1 billion) through its IPO.

Mentioned as: LandSpaceTechnical ProductDec 31, 2025Landspace has had its IPO application accepted by the Shanghai Stock Exchange. The company is seeking to raise 7.5 billion yuan (~US$1 bn). This follows a Dec. 26 decision to ease IPO rules for commercial rocket companies in China. https://wap.eastmoney.com/a/202512313607127272.html