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@GeelyGroup announced a couple days ago it would establish #space activities in the southern city of Guangzhou, in Nansha district. This significant move went rather unnoticed, here are some thoughts on what this actually means 
(1/7)pic.twitter.com/WgoAye4PzI
First of all, this is big. They are not just "setting up some space subsidiary": we are talking about Geely, a hundred-billion RMB revenue group, establishing its entire commercial space division headquarters in Guangzhou Nansha (将商业航天总部布局广州南沙) 
(2/7)
The new entity, called Shikong Tansuo, would operate all Geely space subsidiaries: Geespace, Shanghe Aerospace, Xingkong Zhilian, and also interestingly SpaceOK (!).
Basically satellite manufacturing, terminals, and constellations 
(3/7)
To get an idea of what Geely's space activities are about, check out a video published a year ago by the company
(4/7)pic.twitter.com/cGLV1FqJXR
This is according to a recent article by Satellite World, which generally know what they are talking about. The entire project was said to be "valued at 10 billion RMB", or roughly 1.5 billion USD. https://mp.weixin.qq.com/s/tDo7-j8uYdNFSNkW2tbNcg … (5/7)
Definitely worth noting as well, this is a significant win for Guangzhou and more generally South China's space industry. The area's space activities are underwhelming compared to other regions such as Beijing, Shanghai, or Xi'an. (6/7)
This south China strategy of Geely closely tails Chinese Academy of Sciences space-related entities (including launch startup CAS Space), which moved in massively in 2020. Exciting times for Guangzhou and Chinese space. (7/7)pic.twitter.com/E9F5xvFof7
The logistics from Nansha to Wenchang will be great
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