China Zhongji Investment's portfolio company "Hefei Jianghang" has passed the IPO review for the Sci-Tech Innovation Board.
On May 27, 2020, at the 28th Listing Committee Review Meeting of the Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Committee in 2020, Hefei Jianghang Aircraft Equipment Co., Ltd. ("Hefei Jianghang"), an enterprise invested in by China Zhongji Investment, successfully passed its initial public offering (IPO) application and is about to be listed on the STAR Market.
Established in 2007 and headquartered in the Aviation Industry Park of Hefei, Anhui Province, Hefei Jianghang is a large-scale, military-civilian integrated, high-tech aviation enterprise affiliated with Aviation Industry Corporation of China. Company The company focuses on aviation equipment and special refrigeration, with businesses covering military aviation, civil aviation, non-aviation defense, non-aviation civilian products, and services. Main products include aviation oxygen systems, onboard fuel tank inerting protection systems, aircraft auxiliary fuel tanks, and military and civilian special refrigeration equipment.
The company's aviation products supply most domestic military aircraft; military special refrigeration equipment has achieved full coverage of the Air Force, Army, Navy, and Rocket Force, and has developed civilian special refrigeration equipment through the transformation of military technological achievements, focusing on developing sub-markets such as industrial special high-temperature air conditioners and special vehicle air conditioners.
To date, Hefei Jianghang has become the only professional R&D and manufacturing base for aviation oxygen systems and onboard fuel tank inerting protection systems in China, and is also the largest manufacturer of aircraft auxiliary fuel tanks and a leading manufacturer of special refrigeration equipment in China.
China Zhongji Investment completed its investment in Hefei Jianghang in June 2018, witnessing Hefei Jianghang its experience with mixed-ownership reform and steady development. We wish Hefei Jianghang continued breakthroughs and innovation in its future new stage, continuously improving product experience and service levels, and giving back to customers and investors.
China Zhongji Investment will also remain true to its original aspiration, continuing to focus on excellent enterprises and institutions in the high-end equipment manufacturing and military-civilian integration fields, working together to promote industrial transformation and upgrading and promote the prosperity of the industry.
