Core Insights - The article highlights the participation of Swire Group at the China International Import Expo, showcasing its various enterprises and innovative practices in the Chinese market [1] Company Overview - Swire Group's subsidiaries, including Swire Properties, Swire Coca-Cola, Cathay Pacific, and Hong Kong Aircraft Engineering Company (HAECO), are prominently featured at the expo [1] - HAECO is recognized as a leading global provider of aircraft maintenance, repair, and overhaul (MRO) services, with a significant focus on the Asia-Pacific region [2][4] Market Opportunity - The Chinese aircraft maintenance market has grown from 639.7 billion yuan in 2019 to 786 billion yuan in 2023, with projections to reach 1,251 billion yuan by 2030, indicating a compound annual growth rate (CAGR) of approximately 6.18% from 2024 to 2028 [2][4] - The demand for regional maintenance centers is increasing due to the significant rise in flights and cargo routes in the Asia-Pacific region [4] Strategic Development - HAECO is strategically positioned with bases in Hong Kong and Xiamen, allowing it to offer comprehensive MRO services, including airframe, engine, and component maintenance [4] - The construction of the world's largest single-span aircraft maintenance hangar at Xiamen Xiang'an Airport is a key initiative for HAECO's expansion in the Chinese market [4][5] Sustainability Initiatives - HAECO is committed to sustainability, aiming for net-zero emissions by 2050, and plans to utilize green technologies, including solar energy, in its new facilities [6][7] - The company has received LEED Platinum certification for its new hangar, marking it as a leading environmentally friendly facility in the aviation maintenance sector [6] Competitive Advantage - HAECO's focus on innovation and green practices is seen as a competitive advantage, with a strong emphasis on high-quality service standards that meet the demands of international clients [7] - The company serves a global clientele, with 90%-95% of its customers being international, including major airlines from Hong Kong, the United States, Japan, and Europe [7]