August 3rd, Beijing- In a statement released today by China Aerospace Science and Technology Corporation (CASC), the company announced that its subsidiary, China Aerospace Science and Industry Inertial Technology Co., Ltd., located in the industrial park in Zhuozhou City, Hebei Province, experienced flooding on the first floor of its factory building. As a result, some production and electrical equipment has been damaged, rendering the company temporarily unable to carry out production activities. However, other business units of the company remain unaffected by the recent heavy rain disaster.