Shenzhen Hangxin Technology Co., Ltd. announced that it expects to receive CNY 55.5631 million in funding from Lubair Aviation Technology Co.,Ltd.

Lubair Aviation Technology Co Ltd is a China-based company primarily engaged in the distribution of service-oriented aviation materials. The Company is mainly engaged in the provision of product solutions and supply chain management services to customers. The Company's main products include civil aviation fuel, aviation raw materials and other consumables, aviation chemicals and ground support equipment. The Company primarily provides products and services to airlines, aircraft maintenance companies, aircraft manufacturers and original equipment manufacturers (OEMs). The Company mainly conducts its businesses in domestic and Asia Pacific markets.