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Trades about 175% below its sector, cheaper than its peers on earnings.
Ligeance Aerospace Technology Co., Ltd. is a diversified enterprise with core activities in both mineral resources and advanced aerospace manufacturing. The company's mineral division focuses on the exploration, refining, and commercialization of various raw materials, including molybdenum ore, as well as associated sulfur, antimony, lead, and silver. A primary product in this sector is molybdenum fine powder. Ligeance also invests in mineral resources and conducts research and development into smelting technologies. In its aerospace segment, the company plays a comprehensive role in the lifecycle of critical components. This includes the design, production, sales, and ongoing maintenance of aero engines, gas turbine blades, and large unmanned aerial vehicles (UAVs), supported by specialized technical services. They are also proficient in the intricate manufacturing, processing, assembly, and repair of a wide array of aerospace parts. Their product offerings feature precision and structural components essential for various aircraft. These encompass items such as aircraft wing leading surfaces, diverse engine-related parts, lifting and lowering equipment, and oil pump covers. These specialized components are primarily supplied to manufacturers of commercial aircraft, helicopters, engines, and other aerospace vehicles, alongside industrial clients. Furthermore, Ligeance enhances its customer value through services like component assembly, comprehensive logistics, and expedited shop floor support. Beyond these core operations, the company is involved in the international import and export of both goods and technology. Established in 1993, Ligeance Aerospace Technology Co., Ltd. was formerly known as Shaanxi Ligeance Mineral Resources Co., Ltd. The company's headquarters are situated in Xianyang, China.
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