Shanhe Smart up 2.2%, intends to enter the field of light aircraft
October 13 03:04:55, 2025
Shanhe Intelligence (002097) has risen 2.17% to RMB 46.22 as the company announces its strategic move into the light aircraft manufacturing and sales sector, aiming to develop new sources of profit. The company's board has approved a joint investment by the company and its chairman and controlling shareholder, He Qinghua, to establish Hunan Shanhe Technology Company with a total capital of 20 million yuan. Shanhe contributes 4 million yuan, holding a 20% stake in the new venture.
The new company will focus on research, design, production, and sales of high-tech products, including light aircraft, luxury yachts, aero-engines, and aviation-specific equipment. This expansion is seen as a promising step, given the growing demand for light aircraft, which are considered a sunrise industry with significant market potential and high return on investment. The company believes that this new business line could become a key driver of future growth.
This development marks a major shift in Shanhe Intelligence’s long-term strategy, reflecting its ambition to diversify beyond its current operations and tap into the rapidly expanding aerospace and defense sectors. As more companies explore opportunities in the aviation industry, Shanhe’s entry into this space could position it as a competitive player in the coming years.
(Source: The Wall Street Journal)
Related news:
- Shanhe Intelligence's recent financial performance shows steady growth.
- The company has also been investing in R&D for advanced technologies.
- Industry analysts are closely watching the impact of this new venture on the company's stock.