AviChina Industry Extends Deadline of AIC Yuhua Stake Transfer

MT Newswires Live05-11

AviChina Industry & Technology (HKG:2357) said it extended the deadline of the 59.18% acquisition of partnership interest in AIC Yuhua from AVIC Industry Investment, according to a Friday filing with the Hong Kong bourse.

The civil aviation company's shares gained over 2% in morning trade Monday.

The stake purchase, announced Dec. 12, 2025, was due for completion 150 days from the agreement but was deferred by a further 50 days after the non-completion of certain conditions.

The company said that if the conditions were not met, the transfer "shall definitely not take place" and AVIC Industry Investment would be liable to return its initial payment.

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