On November 17, 2015, the 6th China Italy Innovation Cooperation Week held a signing ceremony. China VAST Industrial Urban Development Limited Company (6166.HK) and AVIO International Holding Group Limited Company reached consensus in accelerating pace of the general aviation building and promoting the development of domestic general aviation industry. They also reached a strategic cooperation, which signifies that both parties have entered into a long-term, stable and constructive strategic partnership.
“China VAST Development-AVIO Strategic Cooperation Project” received special invitation to the signing ceremony of this event. Yang Yun, Executive Director and Executive Vice President of China VAST Development, and Luigino Fiocco, President of AVIO, signed this agreement on behalf of both parties. The signing was witnessed by Sui Zhenjiang, Vice Mayor of Beijing, Yan Aozher, Director of Beijing Municipal Science and Technology Commission, Chen Jiachang, Deputy Director of Department of International Cooperation of Ministry of Science and Technology, Giannini, Minister of Education, Universities and Research, and Battiston, Director of Civil Aviation Authority of Italy.