Skyho Aviation Technology Co.,LTD.（referred to as Skyho）, a joint venture of Guangzhou Hangxin Aviation Technology Co., Ltd(referred to as Hangxin),won the bidding of the asset package project of four A320 retired aircrafts by China Southern Air Leasing on March 26, 2019.

The project is Skyho’s first time to launch a remarketing business of old aircrafts for Chinese Airlines after the completion of aircraft teardown of 757-200s introduced from overseas in 2018. This project can be considered as a significant milestone in improving Skyho’s brand awareness and establishing market power, it contributes to the favorable advancement of asset management business of Hangxin Technology in China as well.