Bonny Worldwide Limited and Aerospace Industrial Development Corp. have established a long-term strategic partnership. Bonny-KY, has established an exclusive partnership with Aerospace Industrial Development Corp.

in specific composite projects since 2019. This collaboration involves the continuous development of ongoing and future projects. Bonny has expanded its scope to include the aircraft composite substructure business and has successfully obtained the aerospace supplier ID certification code from Aerospace Industrial Development Corp.'s clients.

Moreover, Bonny has made remarkable progress in the market for carbon fiber components used in aircraft seats. In addition to entering the aviation seat market, targeting the estimated demand for 40,000 new aircraft over the next 20 years, there is also a recurring demand to replace aircraft cabin seats every six years. Furthermore, European and American clients have provided official drawings for composite aircraft seat molds, marking the commencement of product development and preparatory measures for mass production.

Bonny-KY has established an aerospace-grade composite material research and development center in Dali, Taichung. This center is dedicated to the development and production of carbon fiber and composite-material components for aircraft cabins and aviation substructures. Having obtained AS9100D aerospace quality system certification in April 2022, Bonny-KY is poised to commence mass production in the first quarter of 2024.