ZheJiang RIFA Precision Machinery Co Ltd is a China-based company primarily engaged in the production and sales of computer numerical control (CNC) machine tools. The Company conducts three businesses. The products of the machinery and parts manufacturing business include bearing CNC grinding and ultrasonic machine tools and production lines, which are used in automobiles, aerospace, engineering machinery and other industries. The aerospace services business is engaged in the design, modification, maintenance, leasing and sales of civil aviation cargo aircraft, and provides services such as operating qualifications, aircraft, and crew members. The aerospace manufacturing business is engaged in the research, development and manufacturing of aerospace special intelligent processing equipment, aircraft digital intelligent assembly systems and special tooling fixtures. The Company mainly conducts its business in domestic and foreign markets.
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