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AviChina Boosts Stake in AVICOPTER for Future Growth

AviChina Boosts Stake in AVICOPTER for Future Growth

AviChina Industry & Technology Co (HK:2357) has released an update.

AviChina Industry & Technology Co. Ltd has announced a strategic acquisition to increase its stake in AVICOPTER to 50.90% by purchasing 2.34% of shares from Harbin Aircraft Industry Group Co., Ltd. This move aims to streamline the equity structure of their helicopter business, paving the way for future growth and development.

For further insights into HK:2357 stock, check out TipRanks’ Stock Analysis page.

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