Fengyun is China's meteorogical satellite program. It includes polar-orbiting and geostationary spacecrafts. Fengyun-2H is a geostationary satellite expected to operate in orbit for about 5 years.
The China Aerospace Science and Technology Corporation (CASC) is the main contractor for the Chinese space program. It is state-owned and has a number of subordinate entities which design, develop and manufacture a range of spacecraft, launch vehicles, strategic and tactical missile systems, and ground equipment. It was officially established in July 1999 as part of a Chinese government reform drive, having previously been one part of the former China Aerospace Corporation. Various incarnations of the program date back to 1956.INFO WIKI