Huaqin Technology (688281.SH) subsidiary signs 392 million yuan aero engine parts product sales contract

Zhitong Finance App News, Huaqin Technology (688281.SH) announced that the company's holding subsidiary, Shenyang Huaqin Aviation Technology Co., Ltd. (“Huaqin Aviation Development”) recently signed a framework agreement with a customer. The subject of the contract was all or part of the processing process for aero engine parts products, with a total contract amount of 392 million yuan (tax included).

This contract is a sales contract related to the company's daily business activities. If the contract is successfully executed, it is expected to have a positive impact on the company's performance. The signing of the contract is a reflection of the gradual implementation of the company's “one core, two wings” strategic planning layout. “One core” means that the company focuses on aero engines and continuously enhances the company's market position as a key material supplier in the aero engine field through the expansion of the business and products of the division and subsidiaries. “Two wings” refers to the company's further expansion of the supply of aircraft airframes and other key core material products in high-end manufacturing.