Avicopter subsidiary to set up joint venture for drone investment

Avicopter's subsidiary AVIC Intelligence & Mapping Technology (AVIC Zhihui) signed a joint venture agreement with Jincheng Group and Nanjing Tianyue to establish AVIC Jinke. AVIC Zhihui will contribute RMB 100.32 million for a 44% stake, with Jincheng Group holding 46% and Nanjing Tianyue 10%.

“签订合资协议，有助于该集团不断扩大无人机等航空高科技领域的产业投资，并获得投资收益”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com中航科工(02357)附属拟设合资以扩大无人机等产业投资Apr 22, 2019

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