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Guizhou Aviation Technical Development (SHSE:688239) Takes On Some Risk With Its Use Of Debt
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Guizhou Aviation Technical Development Signs $69 Million Delivery Deal With Overseas Client; Shares Up 7%
Aviation technology (688239.SH): a certain overseas customer intends to purchase aviation engine forging products from the company in bulk, with a total amount of approximately 69 million US dollars.
On November 3, Guoyuan Aviation Technology (688239.SH) announced that based on the advantages of both parties and long-term strategic considerations, Guizhou Aviation Technology Development Co., Ltd. (hereinafter referred to as the 'Company') recently signed a strategic cooperation agreement with an international commercial aviation engine customer (limited to confidentiality obligations without disclosing its name, hereinafter referred to as 'a certain overseas customer'). According to the strategic cooperation agreement, the overseas customer will bulk purchase aviation engine forged products from the company for a total amount of approximately $69 million between 2025 and 2026. The estimated total amount of bulk purchases is for reference only and does not have a direct impact on the performance.
Aviation Technology (688239.SH) signs a strategic cooperation agreement and obtains bulk purchasing.
Aerospace Technology (688239.SH) announced that based on the advantages of both parties and the consideration of long-term cooperation in global strategy, the company recently...
Aerospace Technology: Aerospace Technology Third Quarter Report 2024
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