GLAVI(SZ:300900) Zheng Quan Shi Bao Wang·2025-06-18 13:57Core Viewpoint - Guanglian Aviation plans to transfer a total of 10% equity in Chengdu Hangxin for a total price of 40 million yuan, while maintaining control over the subsidiary after the transfer [1][2]. Group 1: Equity Transfer Details - The company intends to transfer 2.5% equity to Tianjin Ronghe, 1.25% to Pudong Intelligent Fund, 2.5% to Yida Xinhai, and 3.75% to Chengdu Yida Fund [1]. - After the transfer, Guanglian Aviation will hold 50.1% of Chengdu Hangxin, which will continue to be included in the consolidated financial statements [1]. Group 2: Chengdu Hangxin Overview - Chengdu Hangxin, established on November 27, 2015, specializes in manufacturing aviation components, intelligent tooling design, and manufacturing, and has strong R&D and service capabilities [1]. - Chengdu Hangxin is recognized as a national high-tech enterprise and a specialized and innovative small and medium-sized enterprise in Sichuan Province [1]. Group 3: Financial Performance - Chengdu Hangxin is projected to achieve revenue of 165 million yuan and a net profit of 24.87 million yuan in 2024; for the first quarter of 2025, it reported revenue of 53.36 million yuan and a net profit of 8.84 million yuan [1]. Group 4: Strategic Investment Benefits - The introduction of strategic investors is expected to enhance Chengdu Hangxin's capital operation channels and improve funding efficiency for business expansion and R&D [2]. - The collaboration with investors will help optimize strategic layout and strengthen the company's position in the aerospace equipment manufacturing market [2]. Group 5: Company Positioning - Guanglian Aviation is a well-known private supplier of aerospace industrial supporting products in China, focusing on high-end equipment R&D, production, and manufacturing [2]. - The company’s products cover both military and civilian fields, with advanced processing technology for composite materials and components [2]. Group 6: Project Involvement - Guanglian Aviation participates in several large aircraft development projects approved by the state, including being a supplier for the C919 large passenger aircraft and the AG600 amphibious aircraft assembly line [3]. - The company has improved its rapid development capabilities for metal components and tooling products, ensuring smooth delivery of production tasks [3].