Company:China Aerospace Science and Technology Corporation

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Short description: Chinese Defense & Aerospace manufacturer
China Aerospace Science and Technology Corporation
Native name
中国航天科技集团公司
TypeState owned
Industryaerospace, space industry
PredecessorChina Aerospace Corporation
FoundedJuly 1, 1999; 24 years ago (1999-07-01)
Headquarters
Haidian District, Beijing
,
Area served
Worldwide
Key people
Wu Yansheng (zh) (Chairman and President)
ProductsSpacecraft
Missiles
Electronics
RevenueCN¥294.02 billion[1] (2013)
OwnerState-owned Assets Supervision and Administration Commission of the State Council
Number of employees
174,000 (2014)
Website{{{1}}}
China Aerospace Science and Technology Corporation
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The China Aerospace Science and Technology Corporation, or CASC, is the main contractor for the Chinese space program. It is state-owned and has subsidiaries which design, develop and manufacture a range of spacecraft, launch vehicles, strategic and tactical missile systems, and ground equipment. It was officially established in July 1999 as part of a Chinese government reform drive, having previously been one part of the former China Aerospace Corporation. Various incarnations of the program date back to 1956.

Along with space and defense manufacture, CASC also produces machinery, chemicals, communications equipment, transportation equipment, computers, medical care products and environmental protection equipment.[2] CASC provides commercial launch services to the international market. By the end of 2013, the corporation has registered capital of CN¥294.02 billion and employs 170,000 people.[1]

In December 2017, the CASC was converted from a state-owned enterprise (全民所有制企业) to a state-owned enterprise (国有独资公司) with the approval of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The sole shareholder is SASAC, the company's headquarters are still in Beijing, the business areas remained the same and nothing changed for the staff either.[3]

In 2021, China's 14th five year plan included two low Earth orbit satellite constellations named “GW” featuring nearly 13,000 satellites was in development.[4]

In November 2020, U.S. President Donald Trump issued an executive order prohibiting U.S. companies and individuals owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included CASC.[5][6][7] In August 2022, CASC's 9th Academy 771 and 772 Research Institutes were added to the United States Department of Commerce's Entity List.[8][9]

Subordinate entities

R&D and production complexes

Specialized companies

  • China Satellite Communications[10]
  • China Great Wall Industry Corporation Limited (CGWIC)[11]
  • China Aerospace International Holdings
  • Beijing Shenzhou Aerospace Software Technology Co, Ltd.
  • China Spacesat Co. Ltd.[12]
  • China Siwei Surveying and Mapping Technology Co, Ltd
  • China Aerospace Investment Holdings[13]
    • Easy Smart Limited (易颖有限公司)[13]

Directly subordinated units

The "directly subordinated units"[clarification needed] of the China Aerospace Science and Technology Corporation are:

  • China Astronautics Standards Institute
  • China Astronautics Publishing House
  • Space Archives
  • Aerospace Communication Center
  • China Space News
  • Chinese Society of Astronautics
  • Aerospace Talent Development & Exchange Center
  • Aerospace Printing Office

See also

References

  1. 1.0 1.1 China Aerospace Science and Technology Corporation. "Company Profile - CASC". http://english.spacechina.com/n16421/n17138/n17229/c127066/content.html. 
  2. Allen-Ebrahimian, Bethany (2020-06-24). "Defense Department produces list of Chinese military-linked companies, 20 years after mandate" (in en). https://www.axios.com/defense-department-chinese-military-linked-companies-856b9315-48d2-4aec-b932-97b8f29a4d40.html. 
  3. "中国航天科技集团公司更名为中国航天科技集团有限公司_中国政库_澎湃新闻-The Paper". https://www.thepaper.cn/newsDetail_forward_1915636. 
  4. "China is developing plans for a 13,000-satellite megaconstellation". 21 April 2021. https://spacenews.com/china-is-developing-plans-for-a-13000-satellite-communications-megaconstellation/. 
  5. Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. https://www.axios.com/china-military-trump-investments-ban-a0458e29-2245-4bde-920b-d1c6bc698370.html. 
  6. Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (2020-11-12). "Trump bans U.S. investments in firms linked to Chinese military" (in en). Reuters. https://www.reuters.com/article/us-usa-china-securities-exclusive-idUSKBN27S2X3. 
  7. Swanson, Ana (2020-11-12). "Trump Bars Investment in Chinese Firms With Military Ties" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2020/11/12/business/economy/trump-china-investment-ban.html. 
  8. Edwards, Jane (2022-08-24). "Commerce Announces Addition of 7 Chinese Tech Institutions to Entity List" (in en-US). https://executivegov.com/2022/08/commerce-announces-addition-of-7-chinese-tech-institutions-to-entity-list/. 
  9. "U.S. adds seven China-related entities to export control list" (in en). Reuters. 2022-08-23. https://www.reuters.com/markets/us/us-adds-seven-china-related-entities-export-control-list-2022-08-23/. 
  10. "China Satcom taken over amid telecom reshuffle". China Daily. http://www.chinadaily.com.cn/china/2009-04/10/content_7667601.htm. 
  11. Cadell, Cate; Perez del Carpio, Marcelo (November 21, 2023). "A growing global footprint for China's space program worries Pentagon" (in en). The Washington Post. https://www.washingtonpost.com/world/interactive/2023/china-space-program-south-america-defense/. 
  12. "Chinese space resource utilization firm Origin Space signs deal for space telescope – Science Metro" (in en-US). https://sciencemetro.com/space/chinese-space-resource-utilization-firm-origin-space-signs-deal-for-space-telescope/. 
  13. 13.0 13.1 "Error: no |title= specified when using {{Cite web}}" (in zh). China Aerospace Investment Holdings. 12 April 2012. http://caih.spacechina.com/n9467/n9551/n123445/123781.html. 

External links