Yifei Technology and CAS Space sign strategic pact for space manufacturing collaboration
Yifei Technology (06871.HK) announced on September 25, 2026, a strategic cooperation agreement with CAS Space Technology Co., Ltd., a commercial aerospace firm incubated by the Chinese Academy of Sciences. The non-binding three-year framework covers joint research in space manufacturing, intelligent manufacturing solutions, supply chain coordination, and talent exchange. Shares rose over 16% in early trading before settling at a 3.25% gain.
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Yifei Technology Shares Surge After Strategic Cooperation Agreement with CAS Space
Yifei Technology (06871) saw its shares rise over 16% in early trading before settling at a 3.25% gain to 31.10 Hong Kong dollars, with a turnover of 16.71 million Hong Kong dollars. The surge followed the company's announcement of a strategic cooperation agreement with CAS Space (Zhongke Yuhang). Under the agreement, the two parties will establish a long-term strategic partnership to explore cooperation opportunities in space manufacturing and commercial aerospace intelligent manufacturing, leveraging their respective strengths in scientific research, industrial ecosystem development, supply chain coordination, and talent exchange. Separately, according to a report by Interface News, Yifei Technology's robots have been deployed in batch production at PCB manufacturing facilities, covering processes such as board loading/unloading, cleaning, inspection, and material handling. Its clients include PCB manufacturers such as Jingwang Electronics, Shengyi Technology, Chongda Technology, Pengding Holdings, and Shiyun Circuit.
Yifei Technology and CAS Space Sign Strategic Agreement on Space Manufacturing
Yifei Technology (stock code 06871) announced on September 25, 2026, that it has entered into a strategic cooperation agreement with CAS Space Technology Co., Ltd. The partnership focuses on joint research into frontier and key common technologies in the space manufacturing sector, as well as collaborative applications for national and local science and technology projects. The two parties will also promote collaborative innovation and the transformation of scientific and technological achievements. Additionally, they plan to participate in the discussion and formulation of relevant industry standards, jointly promote smart manufacturing solutions for the commercial aerospace industry, and establish regular communication and technical exchange mechanisms. The agreement also covers supply chain collaboration for the intelligent, digital, and lean upgrading of aerospace equipment manufacturing, and exploration of cooperation in smart equipment and digital transformation solutions. A regular talent exchange and capability-building mechanism will be established to foster technical exchange and professional integration in aerospace engineering, smart manufacturing, and smart equipment. CAS Space is described as a high-tech enterprise incubated by the Institute of Mechanics of the Chinese Academy of Sciences and a leading domestic commercial aerospace company, engaged in the R&D, production, and launch services of medium-to-large commercial launch vehicles, and developing new space economy businesses such as space manufacturing, space science experiments, and space tourism.
Read sourceYifei Technology and Zhongke Aerospace Sign Strategic Agreement for Space Manufacturing
Yifei Technology (stock code 06871) announced on September 25, 2026, that it has entered into a strategic cooperation agreement with Zhongke Aerospace Technology Co., Ltd. The partnership focuses on joint research into frontier and key common technologies in the space manufacturing sector, as well as collaborative applications for national and local science and technology projects. The two parties aim to promote collaborative innovation and the transformation of scientific and technological achievements. They will also participate in the discussion and formulation of relevant industry standards, jointly promote intelligent manufacturing solutions for the commercial aerospace industry, and establish regular communication and technical exchange mechanisms. Additionally, the agreement covers supply chain collaboration for the intelligent, digital, and lean upgrading of aerospace equipment manufacturing, and exploration of cooperation in intelligent equipment and digital transformation solutions. A regular talent exchange and capability-building mechanism will be established to foster technical exchange and professional integration in aerospace engineering, intelligent manufacturing, and intelligent equipment. Zhongke Aerospace is described as a high-tech enterprise cultivated by the Institute of Mechanics of the Chinese Academy of Sciences and a leading domestic commercial aerospace company, engaged in the R&D, production, and launch services of medium-to-large commercial launch vehicles, and developing new space economy businesses such as space manufacturing, space science experiments, and space tourism.
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Yifei Technology and CAS Space Sign Strategic Agreement for Space Manufacturing Cooperation
On September 25, 2026, Yifei Technology (06871.HK) announced a strategic cooperation agreement with Zhongke Yuhang Technology Co., Ltd. (CAS Space), signed on the same date. The agreement establishes a long-term partnership to leverage respective strengths in space manufacturing and commercial aerospace intelligent manufacturing. Specific areas of cooperation include joint research on frontier and key common technologies in space manufacturing, collaborative applications for national and local science and technology projects, and promotion of innovation and technology transfer. The parties also plan to participate in industry standard development, promote intelligent manufacturing solutions for the commercial aerospace sector, and establish regular communication and technical exchange mechanisms. Additionally, they will strengthen supply chain coordination for intelligent, digital, and lean upgrades of aerospace equipment manufacturing, and explore cooperation in smart equipment and digital transformation solutions. A regular talent exchange and capability-building mechanism will also be established. The agreement is a non-legally binding framework document, valid for three years with potential renewal upon mutual consent.
Read sourceYifei Technology and CAS Space Sign Strategic Agreement on Space Manufacturing
Yifei Technology (stock code 06871) announced on September 25, 2026, that it has entered into a strategic cooperation agreement with CAS Space Technology Co., Ltd. (CAS Space). The agreement establishes a long-term strategic partnership to explore cooperation opportunities in space manufacturing and commercial aerospace intelligent manufacturing. Specifically, the two parties will conduct joint research on cutting-edge and key common technologies in the space manufacturing field, jointly apply for national and local science and technology projects, and promote collaborative innovation and technology transfer. They will also collaborate on industry standard development, promote intelligent manufacturing solutions for the commercial aerospace industry, and establish regular communication and technical exchange mechanisms. Additionally, the partnership aims to strengthen supply chain coordination for the intelligent, digital, and lean upgrading of aerospace equipment manufacturing, and explore cooperation in intelligent equipment and digital transformation solutions. A regular talent exchange and capability-building mechanism will also be established. CAS Space is a commercial aerospace company incubated by the Institute of Mechanics of the Chinese Academy of Sciences, focusing on medium-to-large commercial launch vehicles and developing new space economy sectors such as space manufacturing, space science experiments, and space tourism. Yifei Technology's board believes this cooperation aligns with its development strategy, helping to expand its intelligent manufacturing and robotics technologies into high-end industrial scenarios like commercial aerospace, and enhancing its influence in the intelligent aerospace equipment industry.