Hong Kong Aerospace Technology Group Limited
ASTGY
Other OTC18.00
USD
- -
- -
ISIN
US4385651033
Return %
Stock
S&P500
1Y
- -
26.53
3Y
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76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Fengquan Sun
- Full Time Employees
- 956
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- Data Technology Hub Tseung Kwan O Hong Kong
- IPO Date
- Sep 19, 2022
- Website
- szeternity.com
- Similar Companies
- Business
- Hong Kong Aerospace Technology Group Limited (1725.HK, OTC: ASTGY), a Cayman Islands-incorporated investment holding company founded in 2017 and headquartered at 13th Floor, St. John's Building, 33 Garden Road, Central, Hong Kong, engages primarily in aerospace business and electronics manufacturing services (EMS). The aerospace segment encompasses satellite manufacturing, satellite communications, satellite telemetry tracking and command (TT&C), satellite launching services, and operation of the Golden Bauhinia Constellation comprising 112 low Earth orbit satellites for multi-purpose applications including remote sensing and data services; the EMS segment provides printed circuit board assembly (PCBA), fully-assembled electronic products, and specialized manufacturing for sectors such as industrial control (building automation, renewable energy, logistics), automotive electronics, communication networks, medical electronics, and consumer electronics. Operations span production bases in Huizhou and Xiamen (China), Bac Ninh (Vietnam), with business centers in the US, Germany, and Asia-Pacific targeting global commercial clients including emerging markets. In recent developments, the company, formerly Eternity Technology Holdings Limited, rebranded to Hong Kong Aerospace Technology Group Limited in June 2021 to reflect its strategic pivot into commercial aerospace; it has advanced the Golden Bauhinia project with 12 satellites launched and established the ASPACE Hong Kong satellite manufacturing facility capable of producing over 200 commercial satellites annually. Further expansions include a 2023 acquisition of 49% equity in Aspace Satellite Technology Limited for US$20.5 million to bolster satellite capabilities, strategic partnerships such as with Intelli Global Corporation for Golden Bauhinia commercialization in 2020 and ongoing memberships in intergovernmental bodies like the International Astronautical Federation (IAF) and Asia-Pacific Space Cooperation Organisation (APSCO), alongside Huizhou factory construction in 2021 for enhanced production capacity. The group operates as a subsidiary of Hong Kong Aerospace Technology Holdings Limited, with principal manufacturing in the Greater Bay Area and international outreach.