ZheJiang RIFA Precision Machinery Co Ltd is a China-based company primarily engaged in the production and sales of computer numerical control (CNC) machine tools. The Company conducts three businesses. The machinery and parts manufacturing business is engaged in the production and sale of digital intelligent machine tools, including general-purpose tool machinery and CNC grinders, which are used in the automotive, aerospace, engineering machinery and other industries. The aerospace services business is engaged in fixed-wing engineering, operation and rental and sales. The aerospace manufacturing business is engaged in the processing of special aerospace intelligent equipment and aerospace parts. The Company conducts its business mainly in the domestic and foreign markets.
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