Aerospace Environment

About Aerospace Environment

Aerospace Environment, fully named Aerospace Great Wall Energy Conservation and Environmental Protection Technology Co., Ltd., is a specialized entity established by the China Great Wall Industry Corporation (CGWIC) under the umbrella of the China Aerospace Science and Technology Corporation. Founded in 1990, the company is headquartered in Beijing and operates within the energy-saving and environmental protection services sector. The firm's business model is centered around providing comprehensive, integrated solutions for its clients, leveraging flexible frameworks such as Energy Management Contracting (EMC), Build-Operate-Transfer (BOT), and Build-Operate-Own (BOO). This approach allows the company to deliver a suite of services including technology planning, financial arrangements, project design and construction, and ongoing operations management.

The company focuses on promoting the application of new energy-saving and environmental protection technologies and products. Its clientele benefits from holistic solutions that address complex environmental challenges. In terms of financial milestones, Aerospace Environment has demonstrated significant growth, securing a Series A funding round of 120 million RMB in early 2015, led by Qiming Venture Partners and Delta Capital. This was followed by a Series B funding round of 120 million RMB in May 2017, with CITIC Capital as the lead investor, aimed at financing projects under the "Belt and Road" initiative, as well as domestic biomass power generation and waste treatment projects. As of the end of 2016, the company managed nearly 1 billion RMB in operational assets and had achieved scalable profitability.

While specific details about the founding individuals are not publicly available, the company's leadership team is noted for its experience. The legal representative is Cui Yue. The company structure includes a significant shareholding by China Great Wall Industry Group Co., Ltd., with Qiming Venture Partners being the largest institutional investor following the Series A financing. The firm leverages the extensive innovation capabilities of its parent aerospace group to forge a dynamic, open platform for environmental and energy-saving services, aiming to build a sustainable future in collaboration with various societal partners.