Jiangsu Zhongchao Holding (002471.SZ), a subsidiary of the company, plans to invest in the construction of the first phase of high-end aerospace engine and gas turbine component manufacturing project expansion.

Jiangsu Zhongchao Holding (002471.SZ) announced that since early 2024, its subsidiary Jiangsu Zhongchao Aviation Precision Casting Technology Co., Ltd. (referred to as "Jiangsu Precision Casting") has shown good development momentum. It has the manufacturing capabilities for large and complex thin-wall high-temperature alloy precision castings such as post-turbine boxes for aero-engines. It has entered the supply system of core customers of aero-engine and gas turbine in aviation and aerospace industries. Its products and technologies have been successfully used in major space projects, military and commercial aviation engines, and gas turbines. It has a relatively stable customer base, and its orders in hand have increased significantly. Jiangsu Precision Casting.

Zhitong FinanceJun 25 19:09

Express News | Jiangsu Zhongchao Holding: Its holding subsidiary plans to invest 100 million yuan in expanding its capacity.

BreakingsJun 25 18:38

Express News | Jiangsu Zhongchao Holding: its subsidiary has been awarded the second prize of National Technology Invention.

BreakingsJun 24 19:59

Express News | Jiangsu Zhongchao Holding: The actual controller, some directors, supervisors, senior management personnel, and core backbone personnel plan to increase their shareholdings.

BreakingsJun 20 18:09

Express News | Nearly 10 listed companies have announced their plans for repurchase or shareholding after market close. Jiangsu Wanlin Modern Logistics plans to repurchase up to RMB 300 million and use it to reduce registered capital.

BreakingsJun 19 21:50

Express News | Jiangsu Zhongchao Holding: Controlling shareholders, some directors, supervisors and core backbone personnel plan to increase their shareholdings by 5-10 million shares.

BreakingsJun 19 17:19