Hangxin is pleased to announce that the Company’s wholly-owned subsidiary Hangxin Aviation Services has signed a major new long-term contract with Airbus S.A.S. and won the Airbus’ first Item Repair RFP in China.

Under the contract, the Company’s wholly-owned subsidiaries Hangxin Aviation Services, Hangxin Avionics and Shanghai Hangxin Aero-Mechanics will provide test, repair, overhaul and logistic service for avionic and mechanic component on Airbus A320, A330 and A380 to support Airbus FHS and TSP program in Asia-Pacific.