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Fortune VC and Guangzhou Hangxin Technology Group (Hangxin Technology) signed an investment agreement on Jun. 17.
Hangxin Technology is one of the largest aviation engineering enterprises in China specializing in aviation components maintenance. It offers integrated aviation services to all airliners and aircraft users across China and Asia-Pacific region, such as maintenance of avionics and mechanical components, retrofit of airborne electronic equipments, maintenance agent for foreign customers and aviation material business.
On Jun. 25, Fortune VC signed an investment increasing agreement with Shanghai Ecoh Natural Commodity Co., Ltd. (ECOH), the largest chain firm in China focusing on organic and natural commodities.
So far, ECOH has set up almost 100 direct-sale stores and franchise outlets in 50 cities across China, creating an emerging market of organic and natural commodities in the country, and is ranked No.1 in its industry. In 2008, it was awarded the "Most Innovative Company in China".
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