Associates of Ge Weidong invest in this commercial aerospace company!

MaticHoleFiller · 2026-03-25T12:20:39+00:00

Galaxy Space recently changed its name to "Galaxy Space (Beijing) Technology Group Co., Ltd." Shareholder Ge Guilian holds 2.3086% of the shares. The company is a leading Chinese satellite internet and manufacturer dedicated to low-cost satellite development. Ge Weidong frequently engages in capital market activities, including participating in Jianghuai Motors' private placement and holding over 20 million shares of Muxi.

MaticHoleFiller

2026-03-25 12:20:39

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China Securities Journal · China Securities Golden Bull Reporter has learned that according to the latest business registration information from Tianyancha, recently, the well-known commercial aerospace company Galaxy Aerospace underwent a business change. The company name changed from “Galaxy Aerospace (Beijing) Network Technology Co., Ltd.” to “Galaxy Aerospace (Beijing) Technology Group Co., Ltd.” Gu Guilian became a shareholder with a 2.3086% stake. Public information also shows that Gu Guilian is a shareholder and director of Shanghai Chaos Investment (Group) Co., Ltd., controlled by well-known investor Gu Weidong, and is a relative of Gu Weidong.

According to data, Galaxy Aerospace is a leading satellite internet solution provider and satellite manufacturer in China, and the first unicorn company in China’s commercial aerospace sector. The company is dedicated to independent research and development and low-cost mass production of communication payloads, core single units, and satellite platforms. It has built internationally leading capabilities for communication payloads, core single units, and solar wings in Xi’an, Chengdu, and Beijing, respectively. Additionally, it is constructing a new generation satellite intelligent manufacturing plant in Nantong, with the capacity to mass-produce hundreds of satellites.

Since the beginning of this year, Gu Weidong has been active in the capital markets. In February, he invested 1 billion yuan in Jianghuai Automobile’s private placement and successfully received allocation. Moreover, in January, Gu Weidong planned to subscribe to Magmet Shares with 2.4 billion yuan, but the final result showed he did not actually receive the allocation. Additionally, in December 2025, domestic GPU leader Muxi Co., Ltd. listed on the A-shares market. Gu Weidong and his related party Chaos Investment hold over 20 million shares of the company, realizing an unrealized profit of about 20 billion yuan on the listing day.

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