Guanglian Aviation to acquire 30% stake in Chengdu Hangxin for ¥120M

Guanglian Aviation Industry Co., Ltd. announced plans to acquire 30% of Chengdu Hangxin's capital for ¥120 million (RMB), valuing the target at ¥400 million. After completion, Guanglian will own 100% of Chengdu Hangxin, making it a wholly owned subsidiary.

“Guanglian Aviation announced that the company plans to purchase 30% of Chengdu Hangxin's equity at a valuation of ¥ 400 million Yuan upon payment of cash consideration.”airgways.com

• 1 source
• airgways.comGuanglian adquiriría 30% Chengdu |A I R G W A Y S ®Jun 12, 2022

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