Airspace Industry Corporation of China (AICC) held a signing ceremony at Yangzhou Clubhouse on July 21st, at which it signed a strategic cooperation agreement with Fargo Fortune Capital Management Co., Ltd.
AICC President Zhang Yousheng (FL) and Fargo Fortune Capital Chairman Wang Shiyu (FR)
Under the agreement, Fargo Fortune Capital will act as the exclusive financial adviser to help AICC complete the introduction of series transport aircraft from Ukraine.
It is a large-scale move for AICC to introduce these Ukrainian aircraft R&D and manufacture projects that meet high requirements. The cross-border collaboration will enhance China’s cargo aircraft R&D, production and manufacture level as a whole, make China one of the three global giants regarding aircraft R&D and manufacture, as well as be of great strategic significance to the development of the country’s aviation industry.