Aerospace Technology: Framework Agreement on Product Development Test and Cooperation

On the evening of July 22, 2022, A -share Corporation Aerospace Technology (000901.SZ) announced that recently, the company intends to sign the "Product Development Test Cooperation Framework Agreement" with the Aerospace Corporation, Xinghang Company, and Airlines.Risks, sharing interests and complementary advantages, and carry out the development, testing and production supporting cooperation of two types of aerospace application products to achieve mutual benefit and win -win results.

Aerospace Technology provides 46.8 million yuan for the development of the two products with its own funds and enjoys the priority options of zero, ministry and components in the cables and components in the subsequent production.

Aerospace Science and Technology said that the field of strengthening aerospace applications is an important goal of aerospace technology strategic planning. The implementation of this project is conducive to improving the business scale of the company's aerospace application sector, optimizing the company's industrial structure, and helping the company's strategic landing.

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