Equity financing · Space tech

Chang Guang Satellite raises nearly CNY5 billion

Changfa Group and Lushi Investment co-led the equity financing.

Chang Guang Satellite Technology announced nearly CNY5 billion in equity financing on July 4, 2026, co-led by Changfa Group and Lushi Investment. Chengtong Fund, China Orient Asset Management, Haitong Innovation and Shenzhen Capital Group also participated.

The company will expand satellite manufacturing, build out its Jilin-1 constellation and develop remote-sensing applications for customers across industries.

Use of funds

Expand satellite manufacturing

Build out Jilin-1 constellation

Develop remote sensing applications

Funding history

Equity financing · This round~CN¥5B

Sources

  1. Chang Guang announces nearly CNY5bn equity financingjl1.cn · Jul 4, 2026