Skyho AviationTechnology Co.,LTD.(referred to as Skyho), successfullycompleted the receiving work of the first A320 aircraft of China Southern AirLeasing on May 6, 2019. This aircraft will be delivered to foreign terminalcustomers after teardowned.

Skyho won thebidding of the asset package project of four A320 retired aircrafts by ChinaSouthern Air Leasing on March 26, 2019.It means a lot to Skyho and Hangxin forpromote asset management business.

Skyho mainlyengaged in the business of buying and selling aircraft and engines, leasing andaircraft asset management, aircraft teardown and sales, and aircraft partssupply, etc.