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Jigang Group, once a top 10 Chinese steelmaker, now produces satellites in Jinan. First satellite completed in early 2026, with orders for 12 and plans for 20 more this year. Annual capacity 100 satellites.

Jigang Group, a former major steelmaker in Jinan, Shandong Province, has transformed into a satellite manufacturer. Its first satellite was produced earlier in 2026, with current orders for 12 satellites and plans to produce at least 20 more this year, aiming for an annual capacity of 100 satellites.

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