Core Viewpoint - Aerospace Holdings (00031.HK) announced that its wholly-owned subsidiary, Aerospace New Century, subscribed to convertible bonds issued by its associate, Ruihua Tai, with a principal amount of RMB 100,494,000, with no restrictions on subsequent sales of these bonds [1] Group 1: Convertible Bonds Transactions - Aerospace New Century sold a total principal amount of RMB 58,994,000 of Ruihua Tai convertible bonds in a series of transactions on the open market between April 17, 2025, and January 27, 2026, for a total consideration of approximately RMB 70,839,000, excluding transaction costs [1] - After the first sale, Aerospace New Century retained remaining Ruihua Tai convertible bonds with a principal amount of RMB 41,500,000 [1] Group 2: Share Transactions - Between December 8, 2025, and December 19, 2025, Aerospace New Century sold a total of 1.49 million shares of Ruihua Tai, representing approximately 0.83% of Ruihua Tai's total issued shares as of the announcement date, for a total consideration of approximately RMB 28,784,000, excluding transaction costs, at an average price of approximately RMB 19.32 per share [1] - After the second sale, Aerospace New Century held a total of 40,593,059 shares of Ruihua Tai, equivalent to approximately 22.55% of Ruihua Tai's total issued shares as of the announcement date [1] Group 3: Financial Reporting - Ruihua Tai will continue to be an associate of the company, and its financial performance will continue to be accounted for in the company's consolidated financial statements using the equity method [1]