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Mr Cao Jianguo, Chairman of AECC makes visit to Gardner Aerospace Derby

Mr Cao Jianguo, Chairman of AECC at Gardner Aerospace Derby

Derby, 12 July 2017 – The Gardner Executive Management team were very proud to host a visit to Gardner Aerospace Derby yesterday by Mr Cao Jianguo the Chairman of the Aero Engine Corporation of China (AECC) and nine of his colleagues. The visit of such an important team was inspired by the recent acquisition of Gardner by SLMR and is a clear sign that the Chinese aerospace industry is very interested in the mutual benefits that will derive our recent deal.

During the visit the Gardner team gave the esteemed visitors an overview of the Gardner business and described its plans for establishing an aerospace Aerostructure, Engine and Equipment components manufacturing operation in Chengdu. The visit concluded with an agreement that follow up more detailed meetings would take place in China in the near future.

AECC is a Chinese corporation which is focused on Aeroengine and related technology development. The company was founded on August 28, 2016 and consists of 46 affiliate companies, including 22 engine companies, several institutes, 3 Aeroengine-repair factories and several other smaller companies. The majority of these affiliate companies were formerly part of Aviation Industry Corporation of China (AVIC). AVIC along with COMAC (producer of the ARJ21 and C919) are both shareholders in AECC. AECC employs close to 100,000 members of staff. The meeting was a very welcome first step in establishing a relationship between AECC and Gardner.