Airplane Project Achieves Phased Progress

On the morning of July 27, 2010, the foreign investor of the joint venture company and the design team of China Aviation Planning Construction and Design Research Institute visited our company and had a meeting with the airplane project preparatory group of our company.

At the meeting some business plans in the joint-venture contract and requirements on the hangar design drawing were discussed, and the participants decided on the final hangar design proposal the next month.