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A Commercial Aerospace Unicorn Sets Up Operations in Jinan! Space Pioneer Invests RMB 200 Million to Establish a Wholly-owned Subsidiary

Source：Haibao News 02-03-2026 11:15:09

Recently, Jinan Tianbing Aerospace Technology Co., Ltd. was established with a registered capital of RMB 200 million, headquartered in Shizhong District, Jinan. The company's business scope encompasses engineering and technology research and experimental development, software development, natural science research and experimental development, general component manufacturing, mechanical and electrical equipment manufacturing, R&D and manufacturing of rocket launch equipment and rocket engines, R&D of rocket control systems, along with the production of special equipment.

The project was established in Jinan due to the city's robust industrial foundation. Leveraging its test platform for commercial liquid rocket engines and power systems that offer the widest range of models and specifications in China, Jinan can fully meet the demanding requirements of engine testing. Additionally, Jinan features supporting industries, including component manufacturing and inspection & testing industries, creating a significant advantage in industrial agglomeration. By 2027, Jinan is expected to achieve an annual production capacity of 40 rocket engines, 24 solid rockets, and 10 liquid rockets.