AVICHINA's subsidiary invests over 200 million RMB to acquire 59% stake in the airborne industry
AVICHINA (02357.HK) announced a related transaction, with its subsidiary AVIC Airborne acquiring a 59.1816% partnership interest in Hangtou Yuhua from Aviation Industry Investment, which mainly engages in venture capital and investment in airborne systems, for a consideration of 202 million RMB
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