Aecc Aviation Power completes acquisition of stakes in three engine companies

Aecc Aviation Power Co., Ltd completed the acquisition of 31.23% stake in China Hangfa Shenyang Liming Airline Engine Co., Ltd., 29.14% stake in AECC Guizhou Liyang Aviation Power Co., Ltd., and 13.26% stake in China Hangfa South Aviation Industry Co., Ltd. for CNY 9.8 billion via share issuance.

“Aecc Aviation Power Co.,Ltd (SHSE:600893) entered into an agreement to acquire 31.23% stake in China Hangfa Shenyang Liming Airline Engine Co., Ltd., 29.14% stake in AECC Guizhou Liyang Aviation Power Co., Ltd. and 13.26% stake in China Hangfa South Aviation Industry Co., Ltd. from group of sellers ”hk.marketscreener.com

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• hk.marketscreener.comAecc Aviation Power Co.,Ltd (SHSE:600893 completed the acquisition of 31.23% stake in China Hangfa Shenyang Liming Airline Engine Co., Ltd., 29.14% stake in AECC Guizhou Liyang Aviation Power Co., Ltd. and 13.26% stake in China Hangfa South Aviation Industry Co., Ltd. from group of sellers.S&P Capital IQSep 11, 2020

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