Nanjing Aerospace Industry Technology Co., Ltd. and two other companies jointly plan to transfer 56% equity

Recently, Nanjing Aerospace Industry Technology Co., Ltd. (Nanjing Electronic Equipment Research Institute) and Nanjing Chengguang High tech Venture Capital Co., Ltd., both subsidiaries of China Aerospace Science and Industry Corporation, jointly released information on their proposed equity transfer. According to the information, the proposed equity transfer ratio is 51% for Nanjing Aerospace Industry Technology Co., Ltd. (Nanjing Electronic Equipment Research Institute) and 5% for Nanjing Chenguang High tech Venture Capital Co., Ltd., totaling 56% equity transfer. Nanjing Aerospace Industry Technology Co., Ltd. was established in December 1992. The company focuses on research and development, production, and technical services in the fields of aerospace, radar, and electronic warfare. Its core business covers radio monitoring, radar signal monitoring and simulation, electronic warfare systems, microwave components, comprehensive protection of aerospace weapons and equipment, and specialized new materials.