FilingReader Intelligence
China Avionics waives right in 23.1bn yuan subsidiary deal
July 24, 2025 at 05:13 PM UTC•By FilingReader AI
China Avionics Systems will waive its preemptive right to acquire a 20% stake in subsidiary Shaanxi Huayan Aviation Instrument from AVIC Chengdu Aircraft Industrial Group.
The stake will instead transfer to Xi'an Aerospace Measurement and Control Instrument for 23.15bn yuan. The transaction was approved by China Avionics Systems' board of directors.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600372•Shanghai Stock Exchange
News Alerts
Get instant email alerts when China Avionics Systems publishes news
Free account required • Unsubscribe anytime