Xi Venture Capital has invested in the successful listing of Xirui Aircraft on the Hong Kong stock market

　　On July 12th, Xirui Aircraft Co., Ltd. (02507. HK), a leading global manufacturer of small aircraft, officially landed on the Hong Kong Stock Exchange. The Wuxi "Consortium" composed of Xicheng Venture Capital, Wuxi Urban Construction Development Group, Wuxi High tech Zone, and Guodiao Fund Phase II jointly participated as cornerstone investors in the investment.

　　Xirui Aircraft is an overseas holding subsidiary of China Aviation Industry Corporation's AVIC General Aircraft Co., Ltd. It is a pioneer and global leader in the private aviation industry. The company designs, develops, manufactures, and sells high-quality aircraft, and provides comprehensive after-sales service and support solutions. In 2022, its delivery volume accounted for 29.6% of the global private aircraft market share that year.

　　Xi Venture Capital adheres to the principle of "equity investment+industry leadership" and actively collaborates and cooperates with the sector to attract leading enterprises in the industry. The joint investment of various parties in Wuxi in Xirui Aircraft is precisely seizing the opportunity of cooperation with them, and further promoting the optimization and upgrading of Wuxi's low altitude economy industrial structure through its professional advantages and industry resources. Next, Xi Venture Capital will seize the opportunity for the development of low altitude economy, taking "industrial research and investment+industrial services" as the starting point, fully leveraging the leading role of state-owned capital, and attracting low altitude economy, especially the manufacturing, sales, delivery, and after-sales legal entities/bases related to general aircraft and eVTOL, through equity investment and the establishment of industrial funds, to land in Wuxi, thereby activating the "billion level" low altitude economy industry chain and "billion level" industry project landing opportunities in Wuxi.