Steel High Temperature Research Institute and AECC Power to form joint venture in Xi'an

Steel High Temperature Research Institute (Gangyan Gaona) and AECC Power (Hangfa Dongli) will jointly establish Xi'an Steel High Temperature Research Institute Aviation Components Co., Ltd. in Xi'an, Shaanxi, China, with a registered capital of CNY 110 million. Gangyan Gaona will contribute CNY 74.77 million for a 67.97% stake, and AECC Power will contribute assets worth CNY 35.23 million for a 32.03% stake.

“The company intends to establish a joint venture with AECC Power to enhance its industrial capabilities and promote the gradual implementation of its long-term strategic plan.”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com钢研高纳(300034.SZ)拟与航发动力共设合资公司以提升公司产业能力Apr 22, 2022

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