Aviation Industry Corporation of China (688239.SH) plans to invest in and build a project to enhance the R&D and production capacity of ring forgings for aircraft engine gas turbines.

Zhito Finance APP News: Hangyu Technology (688239.SH) has announced that the company plans to invest in a project for the research, development, and production capacity enhancement of ring forgings for aircraft engine gas turbines in the Shawen Ecological Technology Industrial Park of Guiyang National High-tech Zone. The total investment for the project is approximately 600 million yuan, including 545 million yuan in fixed asset investment and 55 million yuan in working capital. The project construction period is 60 months, with construction expected to commence in June 2027, basic construction and trial operation to be completed in June 2030, and official production and operation to begin in June 2032.