On the afternoon of November 21st, Zhejiang Jinggong Integrated Technology Co., Ltd. (referred to as "Jinggong Technology") signed a cooperation agreement with Zhejiang Weixing Space Technology Co., Ltd. (referred to as "Weixing Technology"). Both parties will engage in deep collaboration and technological integration in the commercial aerospace field, jointly promoting the application and innovation of high-performance carbon fiber composite materials in satellite manufacturing.

Leaders including Li Dong, CEO of Weixing Technology, Fan Chengcheng, Vice President, Sun Guojun, Chairman of Jinggong Technology, and Jin Li, Vice Chairman, attended and witnessed the signing ceremony.

Li Dong, CEO of Weixing Technology, stated that Weixing Technology is committed to promoting the popularization and intelligence of satellite technology, and creating standardized, modular, and low-cost commercial satellites. Jinggong Technology has profound technological accumulation and industrialization capabilities in the fields of high-end equipment precision manufacturing and carbon fiber. We look forward to innovatively applying carbon fiber composite materials to Weixing Technology's satellites in the future, effectively improving satellite performance, optimizing manufacturing costs, and jointly promoting the intelligent, lightweight, and deep development of commercial satellites and the carbon fiber industry.

Sun Guojun, Chairman of Jinggong Technology, stated that the company has been focusing on the research and application of high-end equipment precision manufacturing and advanced new material technology for many years, and has formed a core technological advantage in the field of carbon fiber composite materials. This cooperation with Weixing Technology is a crucial step for the company to advance its strategic layout in the aerospace (low altitude) field. The company is confident in providing high-performance, lightweight, and customizable composite material components and solutions for Weixing Technology, jointly meeting the needs of the commercial satellite industry for lighter, stronger, and more economical development, and jointly exploring the vast future of commercial aerospace.

According to the agreement, both parties will fully leverage their respective technological accumulation and resource advantages in their respective fields, with commercial aerospace scenarios as the core, and focus on promoting the application of carbon fiber composite materials and components in existing and future satellite models of NIO Technology. At the same time, both sides will also explore innovation in satellite lightweighting, flexible production, and integrated formation of the entire satellite structure.

This signing marks a substantial step forward in the collaboration between Jinggong Technology and Weixing Technology in the commercial satellite industry chain. In the future, both sides will continue to deepen cooperation, complement each other's advantages, and empower each other in both directions, accelerate the development and landing of more applications of carbon fiber composite materials, jointly promote the vigorous development of the commercial satellite industry, and make greater contributions to the construction of a strong aerospace country.

Information link:Zhejiang Weixing Space Technology Co., Ltd. (referred to as "Weixing Technology") is a commercial aerospace enterprise that integrates satellite design, research and development, data application, and constellation operation. The company's talent team is outstanding, with a core team of senior personnel in the industry, including several leading talents from the Aerospace Science and Technology Group, the Chinese Academy of Sciences, and "Double First Class" universities. The company's mission is to "make satellites ubiquitous" and is committed to becoming a leading and world-class spatiotemporal intelligent service provider in China, truly benefiting the general public with satellite services.