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MCM, a subsidiary of Rifa Precision Machinery, signed a cooperation agreement with AVIC Chengfei at the first China International Import Expo. AVIC Chengfei signed purchase intentions with 18 suppliers totaling approximately RMB 4.3 billion, including MCM.
MCM, a wholly-owned subsidiary of Rifa Precision Machinery, received a notice of winning bid from AVIC International Economic and Trade Development to supply five-coordinate vertical-horizontal machining centers and five-coordinate horizontal machining centers to Chengdu Aircraft Industry (Group) for a total of $24.6 million.