Recently, MCM (Italy), a holding subsidiary of Rifa
Digital Precision Machinery Co., Ltd. [002520], which is affiliated to
Rifa Group, signed an equipment sales contract with Airbus. Object of the
transaction is six sets of five-axis
CNC horizontal machining centers and optional accessories, amounting to approximately
RMB 150 million.
As the world’s leading aircraft manufacturer, Airbus
purchasing CNC horizontal machining
centers from MCM in batches fully proves the technology leadership of MCM in
the field of aviation equipment. The good demonstration effect will promote our market expansion in
international aerospace field.
On
August 28, the Inauguration Ceremony of Aeroengine Corporation of China (AECC)
was held in Beijing. General Secretary Xi Jinping made important instructions.
We believe that with the advanced technology of MCM in aerospace industry and
its position as the core supplier to major European aero-engine companies, as
well as our own equipment manufacturing capacity, Rifa Digital Precision
Machinery Co., Ltd. will no doubt become the core component supplier in the
aviation spare parts processing sector of AVIC. The future operating
performance will be promising.