China Academy of Aerospace Electronics Technology (Chinese: 中国航天电子技术研究所), was founded in 1965. It is an indirect shareholder of listed company ZTE (via ZTE Holdings) as well as the largest shareholder of China Aerospace Times Electronics (SSE: 600879), second largest shareholder of Shaanxi Aerospace Power Hi-Tech (SSE: 600343). the research institute is a subsidiary of China Aerospace Science and Technology Corporation.