Mingyu Technology(Loudi) Co., Ltd. is a Sino Hong Kong joint venture (formerly aihang precisionhardware technology (Shenzhen) Co., Ltd.). Invested by Mingyu investment (HongKong) Co., Ltd. The company was established in Loudi City, Hunan Province in2019, with a total investment of 300 million yuan, covering an area of 30000square meters and owned plant area of 30000 square meters. It is estimated tobe completed and put into operation in December 2020.

The company produces,processes and sells civil aircraft parts, medical equipment parts, automobileparts and various mechanical parts. The main processing and manufacturing ofaircraft seat precision parts are used in Boeing, Airbus and other civilaircraft, and the world's second largest automatic welding machine, the U.S.Lincoln Electric Co.