Article: AVIC GENERAL AIRCRAFT CAPITAL BASE TO ENLARGE


AsiaInfo Services
08-04-2009
AVIC General Aircraft Capital Base to Enlarge

ZHUHAI, Aug 04, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Aviation Industry Corporation (AVIC) will additionally inject capital into AVIC General Aircraft Co., Ltd. together with the other two shareholders, Guangdong Hengjian Investment Holding Co., Ltd. and Zhuhai Gree Group Co. Ltd.

Last month, the three companies above co-founded AVIC General Aircraft in Zhuhai, Guangdong Province, south China. Guangdong Hengjian Investment Holding and Zhuhai Gree Group separately represented the government of Gungdong Province and Zhuhai City.

After this capital increment, total registered capital of the newly-built ...

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