China Aerospace Science and Industry Corporation Limited (CASIC)

Overview

China Aerospace Science and Industry Corporation Limited (CASIC) is a large State-owned hi-tech military company which is under direct administration of the central government. Established as the Fifth Academy of the Ministry of Defense, CASIC has a history of association with the historical Ministry of the Seventh Machinery Industry, the Ministry of Aerospace Industry, the Ministry of Aviation and Aerospace Industry, China Aerospace Corporation, and China Aerospace Science & Industry Corp.

Upholding the corporate mission of “technology strengthens the army, aerospace serves the country”, and adhering to the corporate core value of “rank national interests above all”, CASIC is devoted to a strategic industry relating to national security. As one of the main forces in the development of China’s aerospace industry, CASIC makes great efforts to develop aerospace defense technologies and applications.

CASIC leads in the overall level of missile weapon equipment in China, and some of its technologies have reached the international advanced level, which has greatly increased China’s national defense strength. CASIC has achieved substantial progress in its commercial aerospace projects, namely Feiyun (F-Cloud), Kuaiyun (K-Cloud), Xingyun (X-Cloud), Hongyun (H-Cloud), and Tengyun (T-Cloud). It has also made outstanding contributions to many major national projects such as manned space flight and lunar exploration.

Achievements

CASIC adheres to the concept of “generalized defense and extensive security”, and to the strategy of civil-military integration with Chinese characteristics. It has self-developed a large number of high-tech products to fill gaps in China, including a small slow low-altitude target detection and interception system, an intelligent taxation system, high power lasers, and emergency rescue and support equipment. It has made breakthroughs in large-scale integrated applications of the new generation of self-controlled information technologies to overcome China’s dependence on foreign products and lay a solid foundation for maintaining China’s network information security. CASIC is building the world’s first industrial Internet cloud system (INDICS) platform to provide China’s manufacturing industry with public services concerning intelligent manufacturing, collaborative manufacturing and cloud manufacturing, and to accelerate the construction of a cloud manufacturing ecology featuring a “combination of manufacturing and service, online and offline, and innovation and entrepreneurship”.

Honors

CASIC has been ranked Class A in operation and performance assessment for leaders of central enterprises by the State-owned Assets Supervision and Administration Commission (SASAC) for 10 consecutive years, and been honored with “Awards for Enterprises with Outstanding Performance” and “Awards for Enterprises with Technical Innovation”  .

CASIC is also a multiple winner of the National Award for Science and Technology Progress, including five special ones. In 2017, it ranked 355th among the world’s Fortune 500 companies, 80th among the Top 500 Enterprises in China and 27th among the Top 500 Manufacturers in China. It also become for the first time one of the Top 500 Brands with the Greatest Value in China with a rank of 46th.

Standing on a new starting point in history, CASIC will take active action to serve the national strategy and national defense construction, supporting the national economy and people's livelihoods, striding ahead as an international top-class aerospace defense enterprise.

Strategic goal

To become a world first-class aerospace defense corporation by 2020;

To become a world first-class aerospace defense corporation by 2025;

To become a world-class corporation with global competitiveness by 2035;

To become a world-class corporation with global competitiveness by the middle of the 21st century.

Contact

Address: CASIC Building, No A 8 Fucheng Road, Haidian district, Beijing

Tel: +86-10-68373522; 68373622

Email: bgt@casic.com.cn

Official website: http://www.casic.com/