Intercontinental Aerospace Technology (1725.HK) joins hands with Unicom Group subsidiary UAN to expand communication satellite business

On May 29, Intercontinental Aerospace Technology (01725.HK), the first listed aerospace company in the Hong Kong stock market, signed a letter of intent for cooperation with Unicom Hangmei Network Co., Ltd. (“UAN” in English, hereinafter referred to as “Unicom Aviation”), a specialized subsidiary of China United Network Communications Group dedicated to satellite communication products and services. According to the announcement, the introduction of intercontinental aerospace technology and Unicom Aviation America has become an important partner in the Abu Dhabi Space City global ecosystem, and the two sides have reached an agreement to establish a joint venture. In the future, they will integrate their core advantages, expand in-depth cooperation in the communication satellite business from a global perspective, and strive to achieve common ground

Gelonghui FinanceMay 29 20:49 ET

Intercontinental Aerospace Science and Technology (01725): Gugari retires as Executive Director and Vice Chairman of the Board

Zhitong Finance App News, Intercontinental Aerospace Technology (01725) announced that all current board members will retire from the company's recent annual general meeting of shareholders to be held on June 25, 2024. With the exception of the Executive Director and Vice Chairman of the Board, all current board members are willing to be re-elected at the Annual General Meeting of Shareholders. Ms. Gucari will retire as Executive Director and Vice Chairman of the Board after the Annual General Meeting of Shareholders.

Zhitong FinanceMay 24 09:31 ET

USPACE Technology, Egyptian Space Agency Form Strategic Partnership Agreement, Shares Down Over 2%

USPACE Technology (HKG:1725) entered into a non-legally binding strategic partnership agreement with the Egyptian Space Agency (EgSA) to collaborate on a 6U-sized cube satellite development for Egypt

MT NewswiresMay 24 02:38 ET

Intercontinental Space Science and Technology (01725.HK) and the Egyptian Space Agency on strategic cooperation with EGSA in (including) satellite manufacturing and testing, satellite launch, education and training

Gelonghui, May 23, 丨 Intercontinental Aerospace Science and Technology (01725.HK) announced that on May 23, 2024, the company and (including) the Egyptian Space Agency (“eGSA”) entered into a non-legally binding strategic cooperation agreement with eGSA in (including) satellite manufacturing and testing, satellite launch, education and training. Pending a formal agreement, the areas of cooperation between the contracting parties include, but are not limited to: (a) the company and EGSA will cooperate to develop a 6U cubic satellite for Egypt to serve important applications such as Earth observation in Egypt. (i) 6U cubic satellite (to be operated by

Gelonghui FinanceMay 23 07:28 ET

USPACE Technology's Subscription of New Shares Successfully Completes; Shares Up 5%

USPACE Technology Group (HKG:1725) subscription of new shares under general mandate was completed on Friday, according to a filing with the Hong Kong Exchange. According to a filing on May 2, the comp

MT NewswiresMay 20 01:48 ET

Intercontinental Aerospace Science and Technology completed the issuance of a total of 30 million subscribed shares

Intercontinental Aerospace Science and Technology (01725) announced that all conditions contained in the subscription agreement have been fulfilled, and that the subscription matters have been completed (completed) on May 17, 2024 in accordance with the terms and conditions of the subscription agreement. A total of 30 million subscribed shares (equivalent to approximately 9.21% of the total issued share capital of the company immediately before completion and approximately 8.44% of the total issued share capital of the company expanded through the issuance of all subscribed shares) have been allocated and issued to the subscribers. The net proceeds from the subscription process (after deducting the cost of the subscription item) are estimated to be approximately HK$45 million. The company plans to use the net proceeds of the subscription for the group

新浪港股May 19 20:14 ET