In 2023, the penalty announcement of the public security department and the administrative department for industry and commerce appeared in Space No.1 APP. This software platform has an original stock fraud project, and the amount involved in the fraud project is huge, which has constituted an illegal crime, so it is fake.

Space One app refers to a crowdsourcing platform, and users need to make choices in the investment process.

Aerospace No.1 (Shijiazhuang) Electromagnetic Technology Co., Ltd., founded on 202 1, is located in Shijiazhuang, Hebei Province, and is an enterprise mainly engaged in the manufacture of motors and equipment. The registered capital of the enterprise is 3 million yuan, and the financial strength is good.

The company has six first-line customized brands: Ou Lin Kitchen, Ya Dan Wardrobe, Li Jiajia Doors and Windows, Meihe European Ceiling and Li Teng Wooden Door. Since its establishment, it has provided a warm, comfortable and environmentally friendly home for nearly 100 families in Shicheng. The villas, garden houses, duplex buildings and apartment buildings where the brand has settled are all over the high-end communities in Shihezi.