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On June 17th, news emerged that Hangyu Aerospace Technology held high-level strategic discussions with Baker Hughes, a global powerhouse in energy equipment, on June 16th. During this meeting, the two parties officially signed a long-term Strategic Supply Agreement (SSA). This agreement encompasses the LT16 model as well as several other key models, ensuring growth in the production volumes of various main models over the next five years. Hangyu Aerospace Technology boasts a 15-year history of collaboration with Baker Hughes, acting as a pivotal strategic supplier of high-temperature alloys for Baker Hughes' gas turbines. These alloys are utilized in both cold and hot end components, as well as stationary and rotating parts of the turbines.
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