Is Space Star 503 a central enterprise?
Space Star 503 is a central enterprise. According to official website information of the State Administration for Industry and Commerce, the capital of Aerospace Star Technology Co., Ltd. (503 for short) is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities, belonging to state-owned enterprises and central enterprises. Central enterprises refer to state-owned enterprises managed by the central government and directly supervised by the State Council SASAC. Aerospace Hengxing Technology Co., Ltd. is the main force of satellite application of China Aerospace Science and Technology Corporation and China Academy of Space Technology. Is a holding subsidiary of China Dongfanghong Satellite Co., Ltd., located in Zhongguancun, Beijing, with a solid scientific research foundation.