Jaw dropped....this is a really heavy-weight announcement!
To have a glimpse of what this could materialise, one only needs to research into the corporate structure, governance, management and the clients of CGWIC.
Hint: look beyond launch services. CGWIC provides far more than just a commercial launch service provider.
Some appetisers, CGWIC
- its is a 100% state-owned enterprise to implement (without failure) the Chinese government's priorities and strategies
- direct access to the government
- direct access to the nation's top technologies
- direct access to financing and financial stability
- list of current clients: http://cn.cgwic.com/Launchservice/Customer.html
- short video clip to watch over lunch break: http://www.51vimeo.com/video/detail/id/2643.html
Just sharing my research, DYOR.
SAS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held