In 16 years, Shen Fei Company completed operating expenses of over 17 billion yuan, an increase of 22% year-on-year; total profit completed 101.3% of the annual plan, an increase of 22.3%; and EVA completed 135.5% of the annual plan, an increase of 20%.
On November 28 last year, * ST Black Panther issued a restructuring plan after purchasing the military products of Shenfei Injection Center. At the same time, it issued shares to AVIC Group and Huarong Company to purchase 100% of its shares in Shenfei Group. The supporting funds of 1.6 billion yuan will be used for Shenfei Group's new machine development and production capacity building project. After the reorganization is completed, * ST Black Panther will become the sole shareholder of Shenfei Group, and its main business will be transformed from special vehicles, low-speed trucks and parts to aviation manufacturing, and Shenfei is also doing its own listing preparation.
Some professional financial institutions have made predictions that with the official installation of new models at the end of 2016 and future bulk installations, Shenfei ’s business in previous years and 2018 will continue to maintain a high growth rate. Suffered from the continued prosperity of China's defense industry and aviation industry, Shen Fei still has a lot of room for growth in the future.