China Satellite Communications
| Company type | Subsidiary |
|---|---|
| Industry | Aerospace, Satellite communications |
| Predecessor | China Satellite Communications Corporation |
| Founded | 2000 |
| Headquarters | China |
| Products | Satellite communication services |
| Parent | China Aerospace Science and Technology Corporation |
China Satellite Communications Co., Ltd. (referred to as China Satcom) is a Chinese aerospace enterprise specializing in satellite communication services. It functions as a subsidiary within the China Aerospace Science and Technology Corporation (CASC) group.
The company oversees the ChinaSat brand. Additionally, APT Satellite Holdings, a publicly traded firm jointly owned by China Satellite Communications and China Great Wall Industry Corporation (also a CASC affiliate), operates satellites under the Apstar brand.
Prior to its reorganization into a limited company, it was identified as China Satellite Communications Corporation.
History
Established around the year 2000 through the consolidation of multiple satellite organizations under the , China Satellite Communications Corporation began as a state-owned enterprise directly overseen by the State-owned Assets Supervision and Administration Commission of the State Council.
In 2009, the corporation was dissolved, with its assets apportioned between China Aerospace Science and Technology Corporation and China Telecommunications Corporation. At the same time, it incorporated Sino Satellite Communications, previously under CASC, as a subsidiary.
The year 2017 marked China Satellite Communications' transformation into a "company limited by shares," adopting a structure comparable to a public limited company to improve corporate governance and competitive positioning in the market.
Subsidiaries
- APT Satellite International (42.86%)
- APT Satellite Holdings (51.77%)
- China Satellite Communications (Hong Kong) (100%)
- Sino Satellite Communications
- Former
- China Satcom Guomai Communications (currently Besttone Holding)