Tianyancha App shows that on September 26, China Aerospace Hi-Tech Holding Group Commercial Rocket Co., Ltd. was established, with Hou Zhengquan as the legal representative and a registered capital of 1 billion RMB. Its business scope includes research and development of rocket control systems, research and development as well as manufacturing of rocket engines, research and manufacturing of rocket launch equipment, and design of special equipment. Shareholder information shows that the company is jointly held by China Aerospace Hi-Tech Holding Group Co., Ltd., China Academy of Launch Vehicle Technology, China Greatwall Technology Group Co., Ltd., Shanghai Aerospace Technology Research Institute, etc.