Ningbo Commercial Aerospace Development Company is registered and established with a registered capital of 1 billion.

Tianyancha's business information shows that recently, Ningbo Commercial Aerospace Development Co., Ltd. was established, with Zhu Haibin as the legal representative, and a registered capital of 1 billion RMB. Its business scope includes civil space launch technology services, construction engineering, construction engineering design, microsatellite measurement and control services, rocket control system research and development, microsatellite scientific research experiments, investment activities using its own funds, and asset management services for self-owned fund investments. Shareholder information shows that the company is jointly held by Ningbo Xiangbao Cooperation Zone Investment Development Co., Ltd. and Ningbo Development Investment Group Co., Ltd.