China National Machinery Industry Corporation (Sinomach) signed a strategic cooperation agreement with State-owned aeroengine manufacturer Aero Engine Corp of China (AECC) on Dec 22.

Cao Jianguo (left), chairman of AECC and former general manager of China Aerospace Science and Industry Corp, was the signing representative for the agreement with Sinomach’s Vice President Zeng Xiangdong (right) at the ceremony, in the presence of major leaders from both organizations. [Photo/sinomach.com.cn]

The document outlines how they will use their respective advantages and speed up innovation and development of aircraft engine technologies, related key parts, expansion into the global market, and management of capital.

At the meeting, Sinomach’s Chairman Ren Hongbin expressed thanks for AECC’s having Sinomach engaged as a partner in its R&D project. He promised to make full use of its machinery development and manufacturing expertise to provide support for AECC.

Logo of Aero Engine Corp of China (AECC). AECC is a jet engine conglomerate launched with investment from the State Council, the Beijing municipal government, Aviation Industry Corp of China and Commercial Aircraft Corp of China. It had registered capital totaling 50 billion yuan ($7.5 billion) and 96,000 employees, including six academics from the Chinese Academy of Sciences and Chinese Academy of Engineering, according to the company. It is one of the 12 State-owned large-scale military industry groups. [Photo provided to China Daily]