Brief introduction of Beijing Aviation Food Co., Ltd.

As the first Sino-foreign joint venture in China, at the beginning of China's new economic development, Beijing aviation food became the "pioneer" of China aviation catering industry. Beijing Aviation Food was an aviation catering enterprise jointly operated by China International Airlines (formerly China Civil Aviation Beijing Administration) and Hong Kong China Aviation Food Co., Ltd. (later renamed Hong Kong Beijing Aviation Food Co., Ltd.), and it was also the first Sino-foreign joint venture approved by the state. On February 6, 2009, Zhong Yi Aviation Investment Co., Ltd., a joint venture established by China Aviation Group Corporation and its wholly-owned subsidiary China Aviation (Group) Co., Ltd., held a grand opening ceremony at Renaissance Air China Hotel. As a specialized company of AVIC in aviation-related industries in the domestic market, the establishment of Zhong Yi Company marks that AVIC has formally set up a platform for investment, financing and development of aviation-related industries, which has opened the prelude to the third industrial restructuring. As a leading enterprise, Beijing Shi Hang is honored to be the first entity enterprise under the Group.