# Guanglian Airlines to acquire 51% stake in Hangsheng Aviation Machinery

Guanglian Airlines plans to acquire 51% equity of Jingdezhen Hangsheng Aviation Machinery Co., Ltd. for CNY35.867 million.

- Type: Acquisition
- Announced: 2021-11-26
- Where: Jingdezhen, Jiangxi, China
- Value: $5.60M (35.9M CNY)
- Status: announced
- Products: aviation machinery
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Guanglian Airlines](https://endata.com/companies/59255.md) (acquirer)
- [Jingdezhen Hangsheng Aviation Machinery Co., Ltd.](https://endata.com/companies/59256.md) (target)

## Sources

- [equalocean.com](https://www.equalocean.com/briefing/20211126230098033), 2021-11-26: "Guanglian airlines announced that it plans to acquire 51% equity of Jingdezhen Hangsheng Aviation Machinery Co., Ltd. at a transaction price of 35.867 million yuan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.