At this China International Aerospace Expo, the company’s booth staff was in an endless stream, ushering in many leaders and experts from AVIC’s subsidiaries Chengfei, Xifei, Guifei, and AVIC International. Mr. Wang Benshan, the chairman of our company They received a warm reception, explained the on-site equipment in detail, and had a friendly discussion. The leaders fully affirmed the development of our company in the past two years. At the same time, a preliminary three-year cooperation plan with XAC has been preliminarily determined.

     On November 2, Rifa Aviation Equipment and AVIC International Aviation Development Co., Ltd. (hereinafter referred to as "AVIC International") signed the "Strategic Cooperation Framework Agreement" (hereinafter referred to as the "Agreement"). It aims to be committed to the development and cooperation of ground support equipment projects in the aviation field to achieve complementary advantages and common development.

     AVIC International is an important part of China's aviation industry, and it is also the vanguard of the development of China's aviation industry. Mainly engaged in the procurement of imported equipment, project management consulting services, aviation equipment product supply, aviation special equipment manufacturing, aviation parts processing technology upgrade services, etc. Its subsidiary Aritex (Shanghai) signed a sales contract with our company for the Tianjin Airbus aircraft assembly project in September and October this year to purchase various aircraft assembly work platforms, with a cumulative amount of 5.155162 million yuan. And there are still many projects that have passed technical review and are in business negotiation. On the basis of using existing cooperation projects, the two parties continue to deepen and strengthen cooperation between all parties, and work together to explore and explore cooperation in civil aviation projects. This is a full affirmation of our company's strength and further opens up the aerospace market for our company. The door laid a good foundation.

     The signing of this agreement is in line with our company's development needs and strategic planning, and can expand the business in the aerospace field and improve the company's overall operating performance and profitability. At the same time, relying on the extensive customer chain of AVIC International and its subsidiaries and the leading advantages in the field of global aircraft automated assembly, and our own excellent equipment manufacturing capabilities, we will be able to further consolidate our competitive advantages in the field of aviation digital assembly and expand internationally. The future development of the market can be expected.