Yifei Technology partners with CAS Space to explore space manufacturing and commercial aerospace smart manufacturing
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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.
Source report
Hong Kong, September 25, 2026 – Yifei Technology (06871) announced today that it has entered into a strategic cooperation agreement with CAS Space Technology Co., Ltd. ("CAS Space").
Scope of Cooperation
Under the agreement, the two parties have agreed to establish a long-term strategic partnership, leveraging their respective strengths to explore collaboration opportunities in the following areas:
- Scientific research and industrial ecosystem development in space manufacturing and commercial aerospace intelligent manufacturing
- Supply chain coordination and talent exchange
Key Areas of Collaboration
Joint Research and Innovation
- Conduct joint research on cutting-edge and key common technologies in the field of space manufacturing
- Jointly apply for national and local science and technology projects
- Promote collaborative innovation and the commercialization of scientific and technological achievements
Industrial Ecosystem Cooperation
- Participate in the discussion and formulation of relevant industry standards
- Jointly promote intelligent manufacturing solutions for the commercial aerospace industry
- Establish regular communication and technology exchange mechanisms
Supply Chain Synergy
- Strengthen supply chain coordination around the intelligent, digital, and lean upgrading of aerospace equipment manufacturing
- Explore cooperation opportunities in intelligent equipment and digital transformation solutions
Talent Development
- Establish a regular mechanism for talent exchange and capability building
- Promote technical exchange and professional integration in aerospace engineering, intelligent manufacturing, and smart equipment
About CAS Space
CAS Space is a commercial aerospace enterprise registered in China. It is a high-tech enterprise cultivated and incubated by the Institute of Mechanics of the Chinese Academy of Sciences, and is recognized as a leading domestic commercial aerospace company. The company is primarily engaged in the research, development, production, and launch services of a series of medium-to-large commercial launch vehicles, while also exploring new space economy sectors such as space manufacturing, space science experiments, and space tourism.
Strategic Rationale
The Board of Directors believes that entering into this strategic cooperation agreement aligns with the Group's development strategy. By leveraging the respective strengths and resources of both parties, this collaboration is expected to help the Group further expand the application of its intelligent manufacturing and robotics technologies and products into high-end industrial scenarios such as commercial aerospace.
The Board is confident that this cooperation will provide the Group with an opportunity to enhance its influence in the intelligent aerospace equipment industry, increase brand awareness and market competitiveness, and support the Group's long-term business development.
Source
智通财经网Eastern