China Aerospace Science and Industry Corporation

CASIC is a state-owned, strategic, innovation-oriented high-tech enterprise, formerly known as the Fifth Research Institute of the Ministry of National Defense established in October 1956. China Aerospace Electromechanical Group Corporation was established in July 1999, and was renamed as China Aerospace Science and Industry Corporation, and China Aerospace Science and Industry Corporation Limited in July 2001 and November 2017 respectively. CASIC is currently composed of the headquarters, 6 research institutes, 17 wholly-owned or holding companies and subordinate units. There are more than 500 enterprises and institutions of CASIC all over China.