On May 16, as the main body of the acquisition, Antai Technology has completed the acquisition of 100% equity of Cotesa GmbH in Germany.
Cotesa GmbH is a manufacturer of high-end carbon fiber composite material components. Its products and services cover the aerospace and high-end automotive fields. It mainly produces aircraft composite material interior and exterior trims and sub-bearing structural parts and luxury automotive carbon fiber composite interior and exterior trims. It is Airbus and Boeing. The company's qualified suppliers are used in Airbus A320 and A350 models. CotesaGmbH company has a full set of certifications for civil aviation composite materials, and provides full-process services for composite verification, testing and inspection, with sales revenue of about 60 million euros.