Trade Resources Industry Views Guangtai Signed an Agreement with a PLA Unit to Set up Military R&D Base

Guangtai Signed an Agreement with a PLA Unit to Set up Military R&D Base

Guangtai Airport Equipment (SZSE: 002111) signed an agreement with a PLA unit to set up "aviation military transport security equipment technology research and development (R&D) base" to co-under tasks including studying aviation military transport security theory, researching and developing equipment and studying key technologies.

This enabled the company to directly participate in the R&D of the PLA's aviation military transport security equipment and was great significance for speeding up the transformation of scientific achievements of military products, enhance the company's ability and level in researching and developing military products and expand the company's market share in selling military products.

Source: http://www.sinocast.com/readbeatarticle.do?id=93364
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Guangtai to Set up Military R&D Base