Valuation Hits 75 Billion! LandSpace Rockets Toward IPO: The A-Share Winners Behind China's Answer to SpaceX

Deep News
01/05

China's answer to SpaceX, LandSpace, is charging toward a STAR Market listing! A group of A-share listed companies have quietly positioned themselves, locking in gains from this space race feast ahead of time. The final blockbuster of 2025 has detonated on the STAR Market—LandSpace has officially submitted its IPO application! Last year, it was this very company that successfully launched the reusable commercial rocket "Zhuque-3" into space. So what exactly does this aerospace powerhouse do? To put it plainly: building rockets, launching satellites, and delivering packages to space! Its "space delivery truck" is exceptionally powerful, standardly equipped with liquid oxygen methane engines, emphasizing reusability and low-cost launches! Its core capabilities are maxed out: the "Zhuque-2" is already in mass production and commercial use, while the "Zhuque-3" is even more formidable, achieving orbit on its maiden flight and securing the milestone of China's first reusable launch vehicle. Commercial aerospace is no longer a sci-fi dream from the lab; it is a critical asset for future infrastructure, the Internet of Things, and even national security! Just like China's BeiDou Navigation System, the "network cables" in the sky must not be controlled by others in critical moments! While the US has Musk's SpaceX, China now has its own formidable aerospace contender. Behind LandSpace's IPO sprint, a group of savvy players have been quietly profiting. Listed company Zhangjiang Hi-tech holds a 0.8452% stake through its subsidiary fund Zhangjiang Suifeng; similarly, mainboard-listed Luxin Venture Capital holds a combined 0.8006% stake via three of its funds. According to LandSpace's IPO plan, it will issue no less than 10% of its total shares, aiming to raise approximately 7.5 billion yuan, which translates to a valuation of 75 billion yuan for the company. Based on this calculation, Zhangjiang Hi-tech's stake is directly worth 634 million yuan, while Luxin Venture Capital holds shares valued at around 600 million yuan! It turns out that those who truly understand the "space race" are not star-gazing sci-fi fans, but investors who can precisely capture industrial trends. Beyond these two A-share companies, wind power leader Goldwind also demonstrated foresight, jointly acquiring a 10% stake in LandSpace with its affiliate Goldwind Investment, firmly positioning itself to catch this aerospace wave. These early entrants, seemingly betting on a niche sector, are actually targeting a major national strategy and a vast future. If 2025 is the breakout year for AI, then 2026 could very well be the rise of commercial aerospace. The golden age of commercial aerospace has quietly commenced, and the curtain on this space race feast is just beginning to rise.

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