Chengdu-Zhong-Ke Aero Engine Co., Ltd. was founded on October 17, 2014 by IET and Shaanxi Ligeance Mineral Resources Co.,Ltd., Chengdu-Qing-Cheng Enterprise Management Consulting Center, and Chengdu-Shuang-Cheng Investment Co. Ltd. to promote the transfer of the scientific and technological achievements in the field of light air propulsion power. IET invested in this company with proprietary intellectual property rights.

The company’s registered capital is 252.5M CNY. IET’s proprietary intellectual property rights represent a 90M CNY investment in shares, accounting for a 35.65% ownership share. The company's main business is: R&D, production and sales of aircraft engines, and providing related repair services.

Aircraft engine cooperation project signing ceremony