Apr 01, 2021 06:26 PM (GMT+8) · EqualOcean
AVIC hi tech announced that China Aviation Industry Group Co., Ltd. plans to entrust all the rights corresponding to its 597 million shares (42.86% of the total share capital) of the listed company to AVIC Manufacturing Technology Research Institute, except for the right to gain and dispose of the shares. After the share trusteeship, the aviation manufacturing Institute will have 46.21% of the voting rights of AVIC hi tech and become the controlling shareholder of AVIC hi tech, but the actual controller of AVIC hi tech has not changed, and is still the aviation industry group.