China Aerospace International Holdings Limited is a Hong Kong incorporated holding company. The company itself is a subsidiary of China Aerospace Science and Technology Corporation and a listed company on the Stock Exchange of Hong Kong. It is a red chip company, but not part of the "red chip index" of the stock exchange. The holding company in the past was involved in electronic goods as well as their plastic components; since acquired by stated-owned China Aerospace Science and Technology Corporation, according to the company, it became a conglomerate that involved in manufacturing and sale of hi-tech products, as well as property investment. Wikipedia