Sichuan Haite High-tech Co., Ltd. acquired remaining 50% stake in Shanghai Hute Aviation Technology Co., Ltd. from China Eastern Airlines Corporation Limited for CNY 40.9 million.
October 13, 2021
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Sichuan Haite High-tech Co., Ltd. (SZSE:002023) acquired remaining 50% stake in Shanghai Hute Aviation Technology Co., Ltd. from China Eastern Airlines Corporation Limited (SHSE:600115) for CNY 40.9 million on October 14, 2021. As on June 30, 2021, Shanghai Hute Aviation Technology Co., Ltd. generated Owner's equity of CNY 87.5 million, total assets of CNY 133.03 million.
Sichuan Haite High-tech Co., Ltd. (SZSE:002023) completed the acquisition of remaining 50% stake in Shanghai Hute Aviation Technology Co., Ltd. from China Eastern Airlines Corporation Limited (SHSE:600115) on October 14, 2021.
Sichuan Haite High-tech Co., Ltd. is a China-based company principally engaged in aviation related businesses. The Company operates through five segments. Aviation New Technology Development and Manufacture segment is engaged in the research and development of aircraft avionics, mechanical accessories, ground testing equipment and flight simulators. Microelectronics segment is engaged in the research, development and manufacture of semiconductor integrated circuit chips. Aviation Training segment is engaged in the provision of pilot training and flight attendant training and the development of flight simulators. Aviation Leasing segment is engaged in finance leasing business. Aviation Maintenance segment is engaged in the repair and maintenance of aircrafts and related components. The Company operates businesses in both domestic and overseas markets.
SICHUAN HAITE HIGH-TECH CO.,LTD. 
