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The Controlling Shareholder Increases the Shareholding of AviChina (2357.HK).

HONG KONG, July 9, 2015 - (ACN Newswire) - The Aviation Industry Corporation of China ("AVIC"), the controlling shareholder of AviChina Industry & Technology Company Limited (the"Company" 2357.HK) purchased on the trading system of the Stock Exchange of Hong Kong Ltd. A total of 13,076,000 H shares of the Company ("H Shares") for an aggregate amount of approximately HK$59,898,900 and the average price per H Shares was HK$4.58 through China Aviation Industry (Hong Kong) Company Limited, AVIC's wholly-owned subsidiary. The H Shares purchased represent approximately 0.24% of the entire issued share capital of the Company.

After completion of the above-mentioned increase in shareholding, AVIC and its subsidiaries, were interested in a total of 3,002,568,900 shares of the Company (including 2,989,492,900 domestic shares and 13,076,000 H shares), representing approximately 54.85% of the entire issued share capital.

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Publication:ACN Newswire
Date:Jul 9, 2015
Words:158
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