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China Satellite Communications

From Wikipedia, the free encyclopedia
China Satellite Communications
FormerlyChina Satellite Communications Corporation
Company typeSubsidiary
IndustryAerospace
Servicessatellite communications
OwnerChinese Government (via CASC) (99.75%)
ParentChina Aerospace Science and Technology Corporation
Websitechinasatcom.com

China Satellite Communications Co., Ltd. known as China Satcom is a Chinese aerospace company that provides services via satellites. The company was a subsidiary of China Aerospace Science and Technology Corporation (CASC).

China Satellite Communications operated the brand ChinaSat. APT Satellite Holdings, a listed company that was jointly controlled by China Satellite Communications and China Great Wall Industry Corporation (another subsidiary of CASC), operated satellites under the brand Apstar.

Before re-incorporated as a limited company, the company was known as China Satellite Communications Corporation.

History

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China Satellite Communications Corporation was formed sometime in 2000 by the merger of several satellite companies of the Ministry of Posts and Telecommunications [zh][1]

In 2009, China Satellite Communications Corporation, a state-owned enterprise that was supervised by the State-owned Assets Supervision and Administration Commission of the State Council directly, was dismantled and distributed to China Aerospace Science and Technology Corporation and China Telecommunications Corporation respectively.[2][3] However, it also acquired Sino Satellite Communications from CASC as a subsidiary.

In 2017, China Satellite Communications was re-incorporated again as a "company limited by shares", a function analog to public limited company.[4]

Subsidiaries

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As of 31 December 2016
former

References

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  1. ^ "关于组建中国卫星通信集团公司有关问题的批复" (in Chinese). State Council of the People's Republic of China. 16 June 2000. Retrieved 26 July 2017.
  2. ^ "Industry shakeup creates 3 telecom giants". China Daily. 25 May 2008. Retrieved 25 July 2017.
  3. ^ "China Satcom taken over amid telecom reshuffle". China Daily. 10 April 2009. Retrieved 25 July 2017.
  4. ^ "中国卫通整体改制为股份有限公司" (Press release) (in Chinese). China Satellite Communications. 27 June 2017. Retrieved 25 July 2017.
  5. ^ a b c "2016 Annual Report" (PDF). APT Satellite Holdings. Hong Kong Stock Exchange. 20 April 2017. p. 50. Retrieved 25 July 2017.
  6. ^ "2008 Annual Report" (PDF). China Satcom Guomai Communications (in Chinese). Shanghai Stock Exchange. 18 April 2009. Retrieved 25 July 2017.
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