Sichuan New Hangtai Titanium Technology Co., Ltd.

Sichuan Mingri Yuhang Industrial Co., Ltd. is the actual controller and core team of Beijing Asia Pacific Space Titanium Co., Ltd. It is a private joint-stock enterprise registered in December 2009. Registered capital: 212.134069 million yuan, headquartered in Shifang Economic Development Zone, Sichuan Province (Shifang Park, Zhongguancun Park), with Beijing branch located in Changping District, Beijing (Changping Park, Zhongguancun Park).
The company covers an area of over 1,000 mu, with existing scientific research and office area of more than 20,000 square meters and production area of more than 80,000 square meters (of which 60,000 square meters are air-conditioned workshops). The company currently has 655 employees, including 155 research and development test personnel. After nearly 20 years of development, it has formed two main production and R&D bases in Beijing and Shifang.
The company is a technology-leading enterprise, focusing on the development, promotion and application of weight reduction technology for aircraft structural parts, researching and developing a series of large thin-walled complex parts for aircraft. Involved specialties include: process design and development, composite material development and application, tooling and mold design, sheet metal forming, CNC machining, special welding, heat treatment, surface treatment, component assembly, comprehensive testing, etc.
The company is committed to the R&D and manufacturing of large, thin-walled, and complex parts for aerospace. It is one of the private enterprises in China's aerospace industry with relatively large scale of high-end manufacturing equipment, complete specialties, and diverse product types in aircraft parts manufacturing. In the field of aircraft structural parts, it is an A-class supplier to multiple domestic aircraft and aero-engine main engine manufacturers.
● On October 26, 2015, with the approval of the China Securities Regulatory Commission, it completed a major asset restructuring with Xinjiang Mechanical Research Institute Co., Ltd. and was listed on the Shenzhen ChiNext. On November 6, 2015, with the approval of the Shifang Administration for Industry and Commerce and Technical Supervision, it became a wholly-owned subsidiary of Xinyan Co., Ltd.
● Sichuan Mingri Yuhang Industrial Co., Ltd. is a key enterprise promoted by Sichuan Province (one of the 56 major industrialization projects for future high-end growth in Sichuan Province), and is the leading enterprise in the regional agglomeration of aviation and engine parts industrialization in Deyang City.