Zhejiang Rifa Precision Machinery Co.

Rifa Precision Machinery's construction project for annual processing of 10,000 aviation parts was selected into the provincial major industrial project plan. The project is located in Rifa Aviation Equipment Industrial Park, with total investment of nearly CNY 380 million, adding 237 sets of production and testing equipment.

Rifa Aviation Digital Equipment Co., a unit of Zhejiang Rifa Precision Machinery Co., has won a CNY41 million ($6.5 million) bid to supply wing-body configurations for the ARJ21-700 regional jet to Shanghai Aircraft Manufacturing Co.