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On the morning of June 2, 2023
Hunan Aerospace Huanyu Communication Technology Co., Ltd.
(hereinafter referred to as "Aerospace Huanyu," Stock Code: 688523)
was officially listed on the STAR Market of the Shanghai Stock Exchange!
This marks the second A-share listed company in Changsha in 2023,
expanding the city's presence in the capital market!
Aerospace Huanyu, located in Xiangjiang New District (Changsha High-Tech Zone), is a nationally renowned aerospace leader nurtured locally in Hunan and an outstanding representative of Changsha's high-end manufacturing sector.
The company specializes in R&D, manufacturing, and services for spaceborne high-end microwave communication, satellite communication, aerospace process equipment, and high-end composite material components. It has been recognized as a National Outstanding Contributor to the First Lunar Exploration Project and the Chang'e-4 Lunar Mission.
The IPO raised ¥894 million, which will fund the industrialization of dual-use (military-civilian) communication, measurement-control, and testing equipment, further enhancing the company's core competitiveness.