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COMAC signed Strategic Cooperation Agreement with China Everbright Group

Last Updated (Beijing Time):2018-11-05   Source:News Center of COMAC
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Site of signing ceremony.


Commercial Aircraft Corporation of China, Ltd. (COMAC) signed a Strategic Cooperation Agreement with China Everbright Group in Shanghai on November 5th, 2018, with the aim of jointly promoting the market-oriented and large-scale operation of China-made commercial aircraft. Mr. He Dongfeng, Secretary of the Party Committee and Chairman of COMAC, and Mr. Li Xiaopeng, Secretary of the Party Committee and Chairman of China Everbright Group, attended the signing ceremony. Mr. Zhou Qimin, Member of Standing Committee of the Party Committee and CFO of COMAC, and Mr. Ge Haijiao, Member of the Party Committee and Vice President of China Everbright Group, placed their signatures on the cooperation agreement.

Mr. He Dongfeng extended gratitude to China Everbright Group for their long-term support to COMAC in the research and development of aircraft programs. He expressed that COMAC and China Everbright Group are complementary in many business areas and have great potential for cooperation. The signing of this Strategic Cooperation Agreement is an important measure for both sides to play their respective advantages and jointly promote the development of the aviation industry. He hoped that both sides could further study and implement the spirits of major instructions of General Secretary Xi Jinping on trunk liner career, expand areas of cooperation, develop comprehensive strategic cooperation in multiple areas, and work together to promote better and faster development of the trunk liner career.

Mr. Li Xiaopeng expressed that COMAC had made breakthroughs and brilliant achievements in the field of China-made commercial aircraftChina Everbright Group would fully support the development of the China-made aircraft. There would be opportunities for cooperation between China Everbright Group and COMAC in many fields centering on enterprise reform and innovation. He hoped that both sides would join hands to push forward the implementation of the strategic cooperation program, establish a comprehensive strategic cooperation relationship, jointly promote the new mode of cooperation and innovation, achieve high-quality development together, and use financial services to promote the flying of China-made aircraft.

According to the agreement, COMAC and China Everbright Group will hold the aims of resource sharing, complementary advantages, mutual benefit, win-win situation and common development, adhere to the principles of mutual cooperation, honesty and trustworthiness, and give full play to their respective advantages to develop comprehensive strategic cooperation in aviation industry, comprehensive finance, business & travel exhibition, personal comprehensive services and other aspects. Both sides will also establish a high-level consultation mechanism and a daily work liaison mechanism to further advance strategic cooperation.

Officers of relevant functional departments of China Everbright Group, relevant departments of COMAC headquarters and its subsidiary units participated in the ceremony.

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