Affiliation. The 2017 report records establishment in 2015 with funding from Hunan Aerospace. The 2019 affiliation article and 2023 renaming notice are linked to one record. Current direct ownership percentages remain unverified.
Relationship source ↗CASIC (Changsha) New Materials Research Institute Co., Ltd.
Original identifier: 航天科工（长沙）新材料研究院有限公司
Formerly Changsha New Materials Industry Research Institute. Hunan’s 2023 renaming notice links the old and new names, retained in one record. A 2017 environmental report records its establishment in December 2015 with funding from Hunan Aerospace. Current direct ownership, pilot-line completion and operation, and supply to individual GEO satellites remain unverified.
Organization and business relationships
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Disclosed plans and statements are distinguished from OrbitRabbit’s analysis. Check the meaning of every amount. An unknown value or equity stake is not zero.
Satellites and equipment
Materials showroom and stated applications
The 2019 article describes the institute’s showroom and applications of magnesium alloys, flexible copper-clad laminates and aluminium-alloy powder for 3D printing. It does not verify a separate mass-production factory or current sales scale.
Materials showroom and stated applications ↗Renaming reconciled through official notices
The July 2017 environmental report explicitly links Hunan Aerospace New Materials Technology Research Institute to Changsha New Materials Industry Research Institute Co., Ltd. Entry 58 of Hunan’s notice dated 8 September 2023, published on 12 September, links the latter to CASIC (Changsha) New Materials Research Institute Co., Ltd. The confirmed new Chinese name omits 产业 (industry). Certificate GR202043000256 was issued on 11 September 2020; that date is not the renaming date. The notice does not establish the precise corporate-registration change date.
Renaming reconciled through official notices ↗Investment and capital
Historical registered capital and research premises
The July 2017 report describes a wholly state-owned company established in December 2015 with funding from Hunan Aerospace Industrial Corporation, reorganized as Hunan Aerospace Co., Ltd. by the report date. It records CNY 100 million in registered capital and 6,200.66 square metres of research and office space at 27 Wenxuan Road, Changsha. These historical figures do not establish current ownership percentages, paid-in capital or capital expenditure.
100,000,000 CNY · Registered capital in 2017 report
Historical registered capital and research premises ↗Planned polyimide pilot production line
The July 2017 environmental report submitted for approval identifies Changsha New Materials Industry Research Institute as developer of a proposed polyimide pilot line in Yueyang’s Changling industrial park. Planned total investment was CNY 15 million, with design capacity of 10 tonnes per year, a 1,800-square-metre site and an 800-square-metre production building. This is separate from the CNY 100 million registered-capital figure. Construction approval, actual spending, completion acceptance, current utilization and satellite orders have not been verified.
15,000,000 CNY · Planned total investment
Planned polyimide pilot production line ↗Analysis and further checks
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