Aviation New Technology (300424.SZ) announced that the company reviewed and passed the “Proposal on Signing an Investment Cooperation Agreement”...
Zhitong Finance App News, Aviation New Technology (300424.SZ) announced that the company reviewed and passed the “Proposal on Signing an Investment Cooperation Agreement”. Tianhong Aviation Technology Co., Ltd. (“Tianhong Airlines” for short), the holding subsidiary of the company, plans to sign an “Investment Cooperation Agreement on Aviation Interior Production and Engine Maintenance Projects” with the Tianjin Port Free Trade Zone Management Committee. Basically, according to the agreement, Tianhong Airlines will establish a project company in the Tianjin Port Free Trade Zone to engage in the production of commercial airliner aviation carpets, aircraft seats, cabin accessories, and engine maintenance, etc., with a total investment of 200 million yuan. The 2026 project company will have an output value of 100 million yuan in the management committee area.