-
-
Equipment Display
-
2025/02/06
January 19, 2025, Shanghai Fuma Nonferrous Components and Lianhe Houpu (Taicang) Precision Machinery Co., Ltd.
2021/02/23
Xinyan Shares Bolsters Production of Civil Aircraft Parts
This newspaper reports that on the evening of July 17, Xinran Shares (300159) issued an announcement stating that its wholly owned subsidiary, Sichuan Mingri Aerospace Industry Co., Ltd. (hereinafter referred to as “Mingri Aerospace”), plans to acquire a minority stake in Sichuan Zhenqiang Forging Co., Ltd. (hereinafter referred to as “Zhenqiang Company”) through an equity acquisition and to take a minority stake in Chengdu Lianke Aviation Technology Co., Ltd. (hereinafter referred to as “Chengdu Lianke”) by way of capital increase. At the same time, Mingri Aerospace intends to establish Xi’an Mingri Aerospace Industry Co., Ltd. (hereinafter referred to as “Xi’an Mingyu”) in partnership with Xiamen Maxzhe Investment Management Co., Ltd., a controlled subsidiary of Xinran Shares (hereinafter referred to as “Maxzhe”). These investments will expand Mingri Aerospace’s international subcontracted component manufacturing business for civil aircraft, align with the Sichuan Provincial Government’s call for the clustered development of industries with regional competitive advantages, vigorously advance the company’s defense-related product portfolio, actively participate in the construction of military–civilian integration pilot zones, and acquire stakes in upstream and downstream enterprises to generate synergies and accelerate corporate growth. Specifically, Mingri Aerospace, together with Jinshi Investment, Li Mian, and Maxzhe, will jointly invest RMB 50 million to establish Xi’an Mingyu. Of this amount, Mingri Aerospace will contribute RMB 20 million, Jinshi Investment RMB 17.5 million, and Maxzhe RMB 5 million. Xi’an Mingyu’s principal business includes the manufacture of aerospace and aviation machined components and sheet-metal parts, as well as the research, design, and production of jigs, fixtures, molds, and ground support equipment for aviation and space applications, along with the R&D and technical support for various hydraulic and electronic systems. In its early stages, Xi’an Mingyu will collaborate with AVIC Shaanxi Hongyuan Aviation Forging Co., Ltd., leveraging the latter’s long-standing, stable trade relationships with world-renowned companies such as Boeing, Airbus, Goodrich, Michell Doughty, GE, and Toshiba to jointly undertake machining contracts under international subcontracting arrangements for civil aircraft components. This collaboration is expected to create long-term complementary strengths, enabling both parties to secure orders through their respective channels and achieve mutual growth. Meanwhile, Mingri Aerospace will use its own funds of RMB 1.8 million to acquire a 4% equity stake in Zhenqiang Company held by Yu Anhua. Upon completion of the equity transfer, Zhenqiang Company will become a minority-invested subsidiary of Mingri Aerospace. Zhenqiang Company (formerly known as Sichuan Zhenqiang Die Forging Co., Ltd.) was established in 2003 and primarily manufactures various types of automotive half shafts and connecting rods, turbine blades for automobiles and aircraft, aluminum alloy fan blades, U-shaped lifting clamps for heavy industrial boilers, and other specialized forged components. Xinran Shares stated that, drawing on Zhenqiang Company’s years of technological expertise in forging, it will integrate the latter into Xi’an Mingyu as a complement to the subsidiary’s production and processing capabilities, thereby achieving synergistic development. In addition, Mingri Aerospace will inject RMB 3.52 million of its own funds into Chengdu Lianke to acquire a 4% equity stake. Chengdu Lianke was founded in 2012 and is an emerging aviation enterprise equipped with state-of-the-art facilities and a fully professional production management system. The company has successively established CNC machining lines, carbon-fiber-reinforced-resin-composite molding lines, digital assembly lines, and specialized process-testing lines.
2021/02/23
Mercedes-Benz Lowers Spare Parts Prices for the Fifth Time, with Average Discounts of 30%
Previously, Mercedes-Benz first announced a reduction in parts prices in August 2014; a second cut followed in January 2015, with discounts of up to 25%; in March 2016, all authorized Mercedes-Benz dealerships in China introduced new manufacturer’s suggested retail prices for key wear-and-tear components, representing an average reduction of 16% compared with the previous levels; and in May 2016, Mercedes-Benz announced a fourth round of after-sales parts price reductions, with discounts as high as 40%. These price cuts will help lower dealers’ financing and inventory costs, while also encouraging more customers to complete their purchases at the dealership. To make vehicle maintenance more convenient for customers, the Mercedesme portal is set to launch this month, dedicated to providing car owners with one-stop after-sales services.
Contact Us
Email:
wangj@tfuma.com
Phone:
0512-53403519
Address:
No. 88, Beizhangjing Road, Southern Suburb, Chengxiang Town, Taicang City, Jiangsu Province
Faith Man Shanghai Nonferrous Metals Co., Ltd.
Phone:0512-53403519
Email:wangj@tfuma.com
Address: No. 88, Beizhangjing Road, Nanjiao, Chengxiang Town, Taicang City, Jiangsu Province
Message Consultation