Tianbing Technology established an aerospace technology company in Jinan with a registered capital of 200 million yuan.

Qichacha APP shows that recently, Jinan Tianbing Aerospace Technology Co., Ltd. was established, with the legal representative being Kang Yonglai, and a registered capital of 200 million yuan. Its business scope includes: manufacturing of mechanical and electrical equipment; research and development and manufacturing of rocket launch equipment; research and development of rocket control systems; research and development and manufacturing of rocket engines, etc. Equity penetration data from Qichacha indicates that the company is indirectly wholly owned by Jiangsu Tianbing Aerospace Technology Co., Ltd.

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