Recently, iSpace Aerospace Technology Group Co., Ltd. ("iSpace") announced the completion of the first closing in its D-round financing of hundreds of millions yuan. This round of investment was made by Sichuan Tianfu Xinyun Digital Economy Development Fund Co., Ltd. ("Tianfu Xinyun Fund"). Grandall Chengdu Office has been retained as the investor's legal advisor for this equity investment with LIU Xiaojin (executive partner of Garndall and managing partner and director of Grandall Chengdu), partners LI Haijia and LI Wei and lawyer LIU Limin as key lawyers serving the case.