Transaction Overview - The company, Shanhe Intelligent Equipment Co., Ltd., approved a proposal for its wholly-owned subsidiary, Avmax Group Inc., to purchase 16 DHC-8 300 aircraft from Qantas Airways Limited [1] - The total purchase price for the assets is USD 51.1421 million, excluding tax [1] Transaction Details - The buyer is Avmax Aircraft Leasing Inc., a wholly-owned subsidiary of Avmax, and the seller is Qantas Airways Limited [2] - Payment will be made in cash, with a total deposit of 15% required, and the remaining balance to be paid upon delivery [2] - The aircraft will be delivered in batches, with all deliveries expected to be completed by December 31, 2025 [2] Legal and Financial Arrangements - A third-party intermediary has been hired to conduct legal due diligence on the assets, and a legal opinion has been issued [2] - The transaction will be financed through a combination of Avmax's own funds and bank loans, indicating no liquidity risk for the company [2] - The agreement is governed by the laws of New South Wales, Australia, with exclusive jurisdiction for disputes [2]