China New Aviation signed a joint venture agreement with Handan Industrial Investment Group and Chengyun Group

On May 28, China New Aviation released an announcement, announcing that it had signed a joint venture agreement with Handan Industrial Investment Group and Handan Urban Transportation Group, planning to jointly establish a joint venture company. According to the agreement, the registered capital of the joint venture company is 4 billion yuan, of which the company invested 2.4 billion yuan and held 60% of the shares; Handan invested 1.6 billion yuan and held 40% of the shares.