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AVIC Industry-Finance to acquire Hangyu Rescue and Xi'an Brake Technology · Endata

◂ Announcements

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Jan 8, 2024ACQUISITIONChina

AVIC Industry-Finance to acquire Hangyu Rescue and Xi'an Brake Technology

AVIC Industry-Finance (02357) signed a framework agreement on January 8, 2024, to acquire 100% equity of Hangyu Rescue Equipment and Xi'an Aviation Brake Technology from its parent company AVIC and affiliates, to enhance its airborne business chain.

Status

Announced

Productsairborne rescue equipmentaviation brake systems

CompaniesAVIC Group partner AVIC Industry-Finance acquirer Hangyu Rescue Equipment target Xi'an Aviation Brake Technology target

Sectors#Aerospace Components

“为进一步完善公司机载业务产业链，增强公司机载业务核心竞争力，于2024年1月8日，公司...签订了股权转让框架协议。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com中航科工(02357)拟收购航宇救生及西安制动100%的股权以进一步完善机载业务产业链Jan 8, 2024

Summarized from public sources; check the original articles before acting on it.

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