Recently, MCM, a wholly-owned subsidiary of Rifa Precision Machinery, received the "Notice of Winning the Bid" from AVIC International Economic and Trade Development Co., Ltd., confirming that MCM is the "Five Coordinates Vertical and Horizontal Conversion" of Chengdu Aircraft Industry (Group) Co., Ltd. The winning bidder of "Machining Center" and "Five-axis Horizontal Machining Center". The winning bid amount is about 158 million yuan.

The successful bidding of the Chengfei bidding project is another important milestone for our company to build the integration of the aviation manufacturing industry. It will not only have a positive impact on the company’s revenue, but also help promote MCM’s domestic market Business expansion will further enhance the company’s visibility and market share in the aerospace field. We will use this as our motivation to set out to the next higher and far-reaching goal.