AviChina Industry & Technology Co (HK:2357) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
AviChina Industry & Technology Co. has announced a capital contribution agreement where its subsidiary, AVIC Airborne, will inject RMB 250 million into AVIC Kaitian. This transaction will increase AVIC Airborne’s stake in AVIC Kaitian from approximately 61.16% to 65%, enhancing its control and boosting aviation technology innovation efforts. The move is part of AviChina’s strategy to strengthen operational capabilities and drive technological advancements.
For further insights into HK:2357 stock, check out TipRanks’ Stock Analysis page.
