--- title: "AVICHM's subsidiary is entrusted to manage Anhang Company, enhancing the synergy capability of the industrial chain" type: "News" locale: "en" url: "https://longbridge.com/en/news/259475288.md" description: "AVICHM's subsidiary Anfei Company has signed a commissioned management agreement with Wudang Industrial Development Group and Anhang Company, under which Anfei Company will manage Anhang Company, with an annual management fee of 840,000 yuan. This transaction does not constitute a related party transaction. Anhang Company has processing equipment for aviation forging products, and the management agreement will enhance the processing capacity of aviation components and strengthen the synergy of the industrial chain. The performance of the contract may face risks, and the company will respond proactively" datetime: "2025-09-30T08:18:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259475288.md) - [en](https://longbridge.com/en/news/259475288.md) - [zh-HK](https://longbridge.com/zh-HK/news/259475288.md) --- # AVICHM's subsidiary is entrusted to manage Anhang Company, enhancing the synergy capability of the industrial chain On September 28, 2025, Anfei Company, a subsidiary of AVICHM, signed a "Entrusted Management Agreement" with Wudang Industrial Development Group and Anhang Company, whereby Wudang Industrial Development Group entrusted Anhang Company to Anfei Company for management, with a basic management fee of 840,000 yuan per year. This transaction does not constitute a related party transaction or a major asset restructuring and does not require submission to the company's board of directors or shareholders' meeting for review. Anhang Company was established on August 7, 2025, and has the equipment to meet the processing requirements for AVICHM's aerospace forging products. Anfei Company, entrusted with the management of Anhang Company, can enhance the processing and delivery capabilities of aerospace components and strengthen the synergy within the industrial chain. The management period is divided into a cultivation period, a trial operation period, and an operation period, with performance incentives also set. This transaction has a positive impact on the company's long-term development, but the performance of the contract may face risks, and the company will respond actively ### Related Stocks - [600765.CN](https://longbridge.com/en/quote/600765.CN.md) ## Related News & Research - [Elevator mechanics can make over $150,000, and this CEO says they can't hire them fast enough](https://longbridge.com/en/news/286668283.md) - [China's Bio-Thera Gets US Nod for Golimumab Biosimilar](https://longbridge.com/en/news/286880573.md) - [Intel CEO says foundry business is gaining momentum as customer interest grows](https://longbridge.com/en/news/286826548.md) - [Supporting industry infrastructure map launched to promote global supply chain integration](https://longbridge.com/en/news/286870981.md) - [ZAWYA: ACI Asia-Pacific & Middle East and CANSO sign Memorandum of Cooperation](https://longbridge.com/en/news/286879670.md)