Can there be a private space company in China?

China now has its first private airline, Ke Ling Aerospace, founded by Hu Zhenyu. Hu Zhenyu was born in 1993.

In July of 20 13, team Hu Zhenyu successfully launched the most complex and largest sounding rocket made by China enthusiasts in a desert in Inner Mongolia, which became a milestone for rocket enthusiasts. On October 20 14 1 month, Hu Zhenyu established Ke Ling Aerospace, the first private space company in China.

At present, Space One has three partners: Master of Michigan University, Dr. Yan of Tsinghua University, and rocket enthusiast Wu. Except for the face of 1985, the other two are "post-90 s".