China Aerospace Science and Technology (CASC)

Nuclear Weapon Producers

China Aerospace Science and Technology (CASC) is involved in the Chinese nuclear arsenal.

Nuclear Weapons |  Investments

Company Profile

China Aerospace Science and Technology (CASC) is part of China’s state-owned (aero)space and defence industry.1 The company has eight large R&D and production complexes, 11 specialized companies, 13 listed companies and a number of directly affiliated units. It is engaged in space products and strategic and tactical missile systems. CASC is the only broadcast and communications satellite operator in China.2 CASC generated $38.7 billion in revenue in 2021.3[iii]

Contact information

16 Fucheng Road,
Haidian District,
Beijing 100048,
PRC
Website: http://english.spacechina.com/n16421/index.html
E-mail: casc@spacechina.com

Nuclear weapons

China is developing new types of intermediate and long-range ballistic missiles for its nuclear arsenal, notably the DF-26.4 CASC states that it is the only manufacturer of intercontinental strategic nuclear missiles in China.5

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Investments

2022 Investments

2022

InvestorCountryShareholdingUnderwritingGrand total
China Jianyin InvestmentChina$26.4$26.4
China Merchants BankChina$15.0$1,020.9$1,035.8
China Southern Asset Management (CSAM)China$25.5$25.5
Donghai SecuritiesChina$66.7$66.7
First Capital SecuritiesChina$45.0$45.0
First Seafront Fund ManagementChina$14.0$14.0
Fullgoal Fund ManagementChina$38.3$38.3
GF SecuritiesChina$26.1$26.1
Hankou BankChina$66.7$66.7
Hubei BankChina$66.7$66.7
Hubei Juyuan Technology InvestmentChina$64.1$64.1
People's Insurance CompanyChina$97.6$97.6
Shenwan Hongyuan GroupChina$66.7$66.7
Grand total$307.0$1,332.8$1,639.8
2021 Investments

2021

 

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

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More nuclear weapon producers

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Last updated: 2023-07-06 14:33:21

Notes

 

  1. Company profile (2018) | China Aerospace Science and Technology Corporation. Available at: english.spacechina.com/n16421/n17138/n17229/index.html.
  2. Ibid.
  3. China Aerospace Science & Technology Company Profile, News, Rankings | Fortune. Available at: https://fortune.com/company/china-aerospace-science-technology/global500/ (Accessed: 9 August 2022).
  4. Lu Hui, ‘China’s National Defense in the New Era’, Xinhua Net, 24 July 2019.  Available at: http://www.xinhuanet.com/english/2019-07/24/c_138253389.htm.
  5. Strategic Nuclear Missiles (2018) | China Aerospace Science and Technology Corporation. Available at: http://english.spacechina.com/n16421/n17215/n17272/c2388530/content.html.