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Hafei Aviation Industry Co Ltd Announces Changes in Shareholding Structure


Wednesday, 6 Nov 2013 07:00pm EST 

Hafei Aviation Industry Co Ltd announced that it has completed the issuance of 110,726,172 shares to a helicopter company owned by Aviation Industry Corporation of China, 38,029,758 shares to AviChina Industry & Technology Company Limited, as well as 48,070,786 shares to Harbin Aircraft Industry (Group) Co., Ltd, on November 4, 2013. As a result, the Company's top shareholder, a Harbin-based aviation industry group, now holds a 31.61% stake in the Company, down from 50.05% stake, the helicopter company owned by Aviation Industry Corporation of China holds a 20.73% stake, up from 0%, Harbin Aircraft Industry (Group) holds a 9.00% stake, up from 0%, and AviChina Industry & Technology Company Limited holds a 7.12% stake, up from 0%, in the Company. 

Company Quote

37.58
-0.11 -0.29%
24 Oct 2014