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COMAC signs Framework Agreement on Comprehensively Deepening Cooperation with SHANGHAI CHENGTOU

Last Updated (Beijing Time):2019-09-16   Source:News Center of COMAC
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Site of signing ceremony.

 

Commercial Aircraft Corporation of China, Ltd. (COMAC) signed a Framework Agreement on Comprehensively Deepening Cooperation with Shanghai Shanghai Chengtou Group Corporation (SHANGHAI CHENGTOU) on September 16th, 2019. Mr. He Dongfeng, Secretary of the Party Committee and Chairman of COMAC, Mr. Tan Wangeng, Deputy Secretary of the Party Committee and Director of COMAC, Mr. Cheng Fubo, Member of Standing Committee of the Party Committee and Vice President of COMAC, Mr. Zhou Qimin, Member of Standing Committee of the Party Committee and CFO of COMAC, Mr. Jiang Shujie, Secretary of the Party Committee and Chairman of SHANGHAI CHENGTOU, Mr. Chen Qingjiang, President and Deputy Secretary of the Party Committee of SHANGHAI CHENGTOU, and Mr. Yang Maoduo, Deputy Secretary of the Party Committee of SHANGHAI CHENGTOU, attended the signing ceremony.

Signing this agreement is a practical action for COMAC and SHANGHAI CHENGTOU to respond to the call of the CPC Central Committee, Shanghai Municipal Committee and Shanghai Municipal Government, deepen the cooperation between the central government and Shanghai, promote the economic and social development of Shanghai, make state-owned enterprises stronger, better and larger, jointly promote the implementation of national strategies, and better serve the overall interests of reform and development across the country.

According to the agreement, both sides would adhere to the principles of "serving national strategies, promoting advantage complementation, promoting resources sharing, and achieving win-win development", give full play to the unique advantages of COMAC as the main vehicle in implementing large passenger aircraft programs in China and SHANGHAI CHENGTOU as a functional state-owned enterprise, make full use of the quality resources of both sides, strengthen organizational leadership, enhance communication and coordination, strengthen cooperation guarantee, and work together to build flexible and diversified platforms for cooperation and exchange, in order to realize common development.

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