HUZHOU TAIXIANG AVIATION TECHNOLOGY COMPANY
Company formed 29 November 2001 as joint venture between Jinjiang Medicine Company and Aitas Corporation of USA with total investment of US$29.9 million and registered capital of US$20 million. Is assembling ASII (Sportscopter) Ultrasport, Rotorway Exec, a three-seat helicopter and an unspecified fixed-wing aircraft from imported kits. First deliveries (five aircraft, including one Ultrasport and one Exec) made in September 2002. HTATC aims to achieve output of 150 in its first two years of operation and full local manufacture, except for engines, by end of third year.