Ascenda Corporation has been in continuous trading operations for 17 years with bi-directional trading and import and export capabilities in China, Taiwan, Korea, Japan, Indonesia, Mexico, Brazil, Argentina, United Kingdom, United States, France, Spain, Germany, Italy, and Israel. Ascenda currently has offices in the U.S., China, Australia, Mexico and Spain. Ascenda's original investors included The China Development Group, which was the largest investment banker in Taiwan, and Mr. Donald Ruan who has over 40 years of experience in global trade. Mr. Ruan has been involved in distributorships in Asia for E&J Gallo Winery, Mellita, Philco, Frigidaire, Zenith, Audio Research, GES/LLMO, Parker Hannifin, Hendrickson, Dana, TRW, Farr, CNH, J.I. Case, and Snap-On Tools among others. Following the closing, Mr. Ruan will remain as President and CEO of the Company's Sourcing Operations along with his experienced team.
Parker Aerospace is providing flight control actuation, hydraulics, fuel, and inerting on the new C919. Parker is providing the three independent hydraulic systems, the primary flight control system including the horizontal tail trim system, the fuel gauging and management system, fuel tank inerting system, and landing gear conveyance. A total of more than 60 types of components make up Parker’s systems and subsystems on the C919. All have been conformity processed and safety-of-flight qualified prior to the aircraft’s overall flight testing.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.