China Spacesat Co Ltd
SSE:600118
China Spacesat Co Ltd's latest stock split occurred on Aug 14, 2013
The company executed a 2203-for-1875 stock split, meaning that for every 1875 shares held, investors received 2203 new shares.
Before the split, China Spacesat Co Ltd traded at 15.36 per share. Afterward, the share price was about 12.8927.
The adjusted shares began trading on Aug 14, 2013. This was China Spacesat Co Ltd's 8th stock split, following the previous one in May 22, 2012.
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China Spacesat Co Ltd
Glance View
China Spacesat Co., Ltd., founded as part of the sprawling web of enterprises under the China Aerospace Science and Technology Corporation (CASC), stands as a testament to the synergy between government-backed prowess and entrepreneurial innovation. Emerging in the 1990s as China's space exploration ambitions began to sharpen, China Spacesat quickly carved out its niche within the larger aerospace narrative. The company is at the forefront of the design, development, and manufacturing of small satellites and their related systems. With a keen focus on providing comprehensive satellite solutions, it integrates technologies ranging from satellite operation to data application services. This structured approach enables it to cater to various sectors, including remote sensing, telecommunications, and navigation, thus transforming intricate satellite data into actionable intelligence across industries. Revenue streams for China Spacesat are as diverse as they are interconnected. The company earns substantial income by facilitating satellite operations, including satellite in-orbit delivery and maintenance for both domestic and international clients. Further, it capitalizes on the burgeoning demand for satellite-based applications, offering data services essential for activities like earth observation, environmental monitoring, and disaster management. This diversified portfolio is reinforced by strategic collaborations with global and local partners, allowing for the broadening of its technological capabilities and expanding its reach in emerging markets. By continuously enhancing its satellite functionalities and investing in cutting-edge technologies, China Spacesat positions itself as a pivotal player in a rapidly evolving space-centric economy.
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