Aviation power to buy 4 billion yuan of aviation assets

NetEase Financial December 30 News Air Force today announced that the company intends to 23.93 yuan/share price to AVIC Industrial Group, Liyang Group, Western Airlines Group, Huarong assets and eastern assets of the total issue of 167 million shares, the acquisition of its holdings of aviation assets.　　The assets to be acquired in this transaction include 100% per cent of the Southern Company, Liyang Aero Power 100%, three-leaf company 80% and the Western Airlines Group to inject four parts of assets and liabilities, with an asset evaluation value of 3.985 billion yuan.　　The acquisition of the company's actual control of the real person Avic industrial group this time to aero-powered platform, the integration of its engine plate business commitments.　　Western Airlines Group, Southern Company and Li Yang Group of Research and development assets injection, help the company to form a set of aero-engine research and development, manufacturing and sales of integrated industrial chain, enhance the company's aviation engine business development potential, improve the company's comprehensive competitive strength.　　After the completion of the transaction, the company will add a medium-thrust power plant, vortex propeller-type power plant and other new products, enrich the company's product structure, expand the production scale, help to play the aero-engine industry platform and capital platform aggregation effect.　　In addition, the transaction will further integrate China's aero-engine parts foreign trade subcontracting production business, expand supporting production of product types and scale, improve market share, enhance the right to speak in the industry. Air power today closed at 31.13 Yuan, up 1.47%.