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<IPO>LandSpace's STAR Mkt IPO Application Accepted w/ Plans to Raise RMB7.5B
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As announced by the Shanghai Stock Exchange (SSE), the STAR market IPO application of LandSpace, a Chinese leading commercial space company, was officially accepted, potentially becoming the 'first commercial space stock' on the STAR market.

The acceptance coincides with the implementation of the expanded fifth set of listing standards on the STAR Market, marking a substantial phase of capital market support for cutting-edge technology sectors such as commercial space.

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LandSpace plans to raise RMB7.5 billion through its IPO to upgrade reusable rocket technology and increase output, targeting the low-cost and high-capacity commercial launch service market.
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