Shanxi company partners with Fortune global 500 aviation enterprise
On Nov 5, Xiyoyuan Aviation Technology Group Co in North China's Shanxi province signed cooperation agreements with Honeywell (China) Co and HNA Aviation Group Co to collaborate in green aviation, technology, and materials.
By introducing Honeywell's high-tech solutions, Xiyoyuan Group will expand strategic cooperation across various sectors in Shanxi. The collaboration with HNA Aviation Group will focus on engine procurement and leasing, driving breakthroughs in Shanxi's aviation materials sector.
Established in March 2018 as the only aviation technology re-manufacturing enterprise in a comprehensive bonded zone in China, Xiyoyuan Group is a leading company in the province's industrial chain. Its main business includes aircraft maintenance, disassembly, painting, completion, delivery, converting passengers to cargo planes, and trading aviation materials.
At the opening day of the 135th Canton Fair on April 15, Honeywell signed a cooperation agreement with Xiyoyuan Group's subsidiary, Xiyoyuan Aircraft Equipment Co. The subsidiary became one of Honeywell's distributors of flight control systems and related avionic products.
Xiyoyuan Group has always focused on aviation manufacturing, remanufacturing, and maintenance services, promoting deep integration and innovation of the industrial chain. By participating in the 7th China International Import Expo, Xiyoyuan Group further expanded its international influence, opening new channels for Shanxi to become a new beacon for inland opening-up.