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AviChina:Solid Growth and A大民ccretive Asset Injections, Maitain兒兵 "Buy"

更新時(shí)間:2016年02月04日 01:02



Increasing military ex我她penditure will drive demfor 呢用avionics systems. We proj湖做ect that the increasing procurement fro麗書m China Air Forc訊畫e, replacement of費呢 the 2nd generation jet fighter 可下rising demfor ci鐘相vil aviaion will 去腦create value ove他得r RMB20 billion for avionic 草長systems annually over the next ten 媽輛years, which we think is fa大志vorable for AviChin空文a's subsidiaries Avic Avioni友站cs Jonhon Optronic.

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