Core Insights - China Aviation Engine Group Co., Ltd. signed cooperation agreements or intent procurement contracts for various general aviation engines and related power products with 17 customers, totaling over 1 billion yuan [1] - The company showcased 58 types of general aviation power products at the 2025 Asian General Aviation Exhibition, including the ATP120 engine and a pure electric propulsion system, with 29 products making their debut [1] - The ATP120 engine is designed for low-cost lifecycle and can be applied to various platforms, with potential for expansion into hybrid propulsion systems and hydrogen fuel engines [1] - The pure electric propulsion system provides lift during vertical takeoff and thrust during level flight [1] - The general aviation industry in China has seen steady growth over the past decade, with significant advancements in domestic power development capabilities and technology [1] - Predictions indicate that the number of general aviation aircraft in China will exceed 13,000 in the next 20 years, with a total demand for nearly 10,000 gas turbine engines, resulting in a market value of $17.2 billion [1] Industry Developments - China Aviation Engine Group emphasizes a comprehensive layout across all types, power coverage, and lifecycle support to enhance the series and lineage development of aviation power products [2] - The company aims to explore new collaborative development models with related enterprises and institutions to support the high-quality development of China's low-altitude economy and general aviation industry [2]
中国航发通用航空发动机获超10亿元订单