China's Former Steel Giant Launches into Satellite Business

A major Chinese state-owned company has made a bold shift from heavy industry to space. The Jigang Group, once a top national steel producer, has sold its first two satellites. For decades, the company supplied metal for China's infrastructure boom. Its new orders mark a key step in a years-long transformation. The move aims to capture growing demand in China's commercial space sector. According to a report this week in the *Economic Observer*, production of the satellites is expected to begin soon. The company did not disclose the buyer or the satellites' intended uses.