What is the establishment of No.503 Institute of the Fifth Hospital?

Enterprise establishment. According to official website's inquiry, Hengxing Technology Co., Ltd. (No.503 Institute of the Fifth Academy of Aeronautics and Astronautics) referred to in No.503 Institute of Aeronautics and Astronautics is the overall unit of satellite application of China Aerospace Science and Technology Corporation and the main supporting unit of China Aerospace Satellite Application Research Institute. Located in Zhongguancun, Beijing, it owns a number of wholly-owned subsidiaries such as Aerospace Tianhui, Aerospace Zhongwei and Aerospace Pohuyun. Company employment, regardless of academic qualifications, will be given to the enterprise establishment.