Aviation Investment: the agreement to acquire 59.1816% partnership shares of Hangtou Yuhua is in effect.

date
24/06/2026
The announcement by AVIC Aerospace states that the company intends to acquire 59.1816% of the partnership shares of Aviation Investment held by Aviation Investment Yuhua, corresponding to a contribution amount of 289.99 million yuan, with a transfer price of 202 million yuan. On June 22, 2026, the "Valuation Report" was filed with the competent state-owned asset supervision unit; on June 23, this transaction was officially approved by China Aviation Industry Group, and the main agreement and "Supplementary Agreement" became effective on the same day. After the completion of the transaction, the company will actually control Aviation Investment Yuhua and consolidate it. Subsequent payments, business changes, etc. will still need to be completed, and there is a risk that the transaction may not be completed on time.