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Hengtian Hailong: Plans to acquire at least 40% equity of Qunjian Aviation through a wholly-owned subsidiary
Hengtian Hailong’s announcement: The company plans to acquire no less than 40% of the equity interest in Xi’an Qunjian Aviation Precision Manufacturing Co., Ltd. in cash through its wholly owned subsidiary, Beijing Duofer Hailong Feikong Technology Co., Ltd. After this transaction is completed, Hailong Feikong will become the controlling shareholder of Qunjian Aviation.