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Aerospace Huanyu Debuts on Market! Changsha Camp Expands in Capital Arena

Time:2023-06-02 source:Municipal Financial Affairs Office Clicks:24

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.  



In recent years, the Changsha Municipal Party Committee and Municipal Government have prioritized corporate listings, advancing the "Yuelu Summit" action for enterprise IPOs. By seizing capital market reforms and establishing a national-first integrated service system—combining a government listing service center, exchange service bases, expert advisory teams, fund clusters, and tiered cultivation—the city has enriched the ecosystem for listings, accelerating the pace for high-quality enterprises and driving the "Changsha block" in the capital market to leapfrog development.  

As of now, Changsha hosts 86 listed companies (including 12 on the STAR Market), ranking first among central China's provincial capitals. Additionally, there are 2 companies approved pending listing, 5 under review, and 30 undergoing IPO counseling and filing procedures, reflecting robust reserve resources for future listings.

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