Aerospace Chenhong: Plotting a RMB 100 Million Cash Investment to Co-Establish a General Aviation Power Enterprise
2 week ago / Read about 0 minute
Author:小编   

On January 28th, Aerospace Chenhong (002389.SZ) issued a statement declaring its intention to capitalize on the burgeoning opportunities within China's low-altitude economic sector. The company aims to expedite its ascent to a preeminent position within the UAV (Unmanned Aerial Vehicle) industry chain. By securing a steady supply of core power components, Aerospace Chenhong seeks to foster a collaborative ecosystem within the industry chain. To achieve these goals, the company has outlined plans to invest RMB 100 million in cash, in partnership with non-affiliated entities, to jointly establish a general aviation power company. This strategic move will grant Aerospace Chenhong a 2.8571% equity stake in the newly formed enterprise.