AVICHINA (02357) has announced that, in a move to further strengthen the group's airborne industrial chain and enhance product development synergies, on February 6, 2026, (i) Qingyun Instrument (a non-wholly owned subsidiary of the company), AVIC Industry Fund, and AVIC Jierui signed the first equity transfer agreement; and (ii) Qingyun Instrument, Ruitai Xin, and AVIC Jierui signed the second equity transfer agreement. Under these agreements, Qingyun Instrument has agreed to purchase the 3.7805% stake in AVIC Jierui held by AVIC Industry Fund for a consideration of RMB 21.9269 million, and to purchase the 6.2195% stake in AVIC Jierui held by Ruitai Xin for a consideration of RMB 36.0731 million. Upon completion, Qingyun Instrument will hold a 10% equity interest in AVIC Jierui, which will remain a non-wholly owned subsidiary of Aviation Industry Corporation of China (AVIC). It is reported that AVIC Jierui is primarily engaged in the research and development, production, and sales of sensing products, primarily fiber optic gyroscopes.