Guanglian Aviation increases capital to 330 million RMB

Enhanced Key Takeaways

• •Guanglian Aviation Industrial Co., Ltd. was founded on February 25, 2011, and was publicly listed on the Shenzhen Stock Exchange with the stock code 300900 on October 29, 2020.
• •Beyond civil aircraft manufacturing, the company's core business segments include aviation tooling, aerospace components, composite-material products, and unmanned aerial vehicles (UAVs), as well as metal parts for various sectors including aviation, aerospace, shipbuilding, and engines.
• •The company is a key supplier for significant Chinese aviation projects, notably developing composite tooling and providing automation technology for the C929 wide-body aircraft project in collaboration with Shanghai Aircraft Manufacturing and Broetje-Automation.
• •Guanglian Aviation is strategically expanding its business into spacecraft component manufacturing through a planned acquisition of a 51% stake in Tianjin Yuefeng Technology Co., Ltd., a national-level specialized and innovative 'little giant' enterprise.
• •The Hong Kong Securities Clearing Company (HKSCC) holds shares in Guanglian Aviation as a nominee holder for investors trading through the Hong Kong Stock Exchange, indicating a custodial role rather than direct strategic ownership.

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