[ET Net News Agency, 29 September 2017] KuangChi Science (00439) said it entered into a
strategic cooperation framework agreement with Shenzhen Zhongjing Huayu Group Co., Ltd.
The proposed cooperation plan includes, but not limited to, the cooperation in the
transformation and application of new aviation equipment technology and safety and rescue
technology, expansion of market demand for police gear and fire equipment, development of
competitive products and technology, exploration of the domestic and international market
of unmanned aircraft for police use, firefighting drones, anti-terrorism equipment for
police use, fire-fighting equipment for police use, sales of products and technical
services, with an aim of achieving sustainable cooperative relationship.
Zhongjing Huayu Group is a large state-owned modern enterprise owned by the State-owned
Assets Supervision and Administration Commission of the State Council. It is engaged in
fire safety, security, gene and energy saving management. (HL)
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