Shanhe Smart up 2.2%, intends to enter the field of light aircraft
October 13 03:05:38, 2025
Shanhe Intelligence (002097) has risen 2.17% to RMB 46.22. The company is making a strategic move into the light aircraft manufacturing and sales sector, aiming to develop new sources of revenue and drive long-term growth.
In a recent announcement, the board of directors approved a joint investment by the company and its chairman and controlling shareholder, He Qinghua, to establish Hunan Shanhe Technology Co., Ltd. with a total capital of 20 million yuan. Shanhe Intelligence contributed 4 million yuan, holding a 20% stake in the new venture. The company's new business scope includes research, design, production, and sales of high-tech products such as light aircraft, luxury yachts, aero-engines, and aviation-specific equipment.
The company sees significant potential in the light aircraft industry, which it believes is a promising sector with strong market demand and high profitability. This move aligns with the growing interest in the aerospace and defense sectors, especially as companies like Sun River Science and Technology Corp. have already demonstrated success in similar fields.
With this expansion, Shanhe Intelligence is positioning itself to capitalize on the increasing global demand for advanced aviation technology. The company is also expected to benefit from government support and ongoing developments in the domestic aerospace industry.
This development marks an important milestone in the company’s diversification strategy and could significantly enhance its long-term value and competitive edge in the market.
(Source: The Wall Street Journal)