Exciting News! OWS Obtains CAAC Maintenance License, Strengthening Hangrun Technology's Foundation for Sustainable Aviation Asset Development
Guangzhou, August 8, 2025 – In a significant step towards fulfilling its mission of "Pioneering Sustainable Aviation Assets, Hangrun Technology has reached a key milestone. Its wholly-owned subsidiary, OWS has officially been awarded a Maintenance License (Certificate No.: D.300079) by the Civil Aviation Administration of China (CAAC). This not only certifies that OWS meets the requirements of CAAC's CCAR-145 regulations and is capable of performing CFM56-5B engine repairs, successfully establishing a rapid engine maintenance support system, but also marks a crucial step for Hangrun Technology in building closed-loop aviation asset recycling capabilities and solidifying the foundation for its sustainable development strategy.
Maintenance License issued by the Civil Aviation Administration of China
The CAAC Maintenance License represents the highest level of certification from the aviation regulatory authority, affirming a maintenance organization's comprehensive capabilities across airworthiness safety standards, technical maintenance competence, quality management systems, parts support, personnel qualifications, facilities, equipment, and Safety Management Systems (SMS). Obtaining this license is not only recognition from the CAAC of OWS's maintenance capabilities but also a demonstration of Hangrun Technology's longstanding commitment to safety, deep expertise in maintenance technology, and pursuit of lean management.
Self-Built Maintenance Capability: A Core Enabler for the Circular Economy Concept
As a regional provider of Quick Turnaround (QTR) services for aircraft engines, OWS is a key vehicle for Hangrun Technology to achieve its mission. The Company is dedicated to promoting the circular economy principles of "Reduce, Reuse, Recycle" within the aviation sector. Central to this is the concept of "Airworthiness Recycling" – the process of restoring aircraft and engine components to airworthy condition through professional inspection, repair, and remanufacturing, thereby extending their service life and maximizing resource value, all while ensuring safety and compliance.
Th acquisition of this maintenance capability provides strong practical support for the "Airworthiness Recycling" concept:
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Enhancing Recycled Value: Professional engine repair capability is crucial for ensuring that core components can be safely and reliably returned to the aviation market after restoration, enabling value regeneration and directly increasing the recycling rate and economic efficiency of aviation assets.
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Rigorous Quality Traceability: OWS will strictly adhere to the high-standard quality control system established by Hangrun Technology, which complies with CAAC requirements. Leveraging Hangrun's self-developed aviation asset management system, it will ensure controlled maintenance processes and traceable quality and safety for recycled parts, meeting continuous airworthiness requirements.
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Strengthening the Recycling Chain: The efficient, professional QTR capability for engines, as core aviation assets, is an indispensable link in Hangrun Technology's "Airworthiness Recycling" business chain, providing solid support for front-end asset management and back-end aviation parts distribution.
Leading with Quality: Opening a New Chapter
The granting of the maintenance license injects strong momentum into Hangrun Technologies' blueprint for sustainable aviation asset development:
1.Expanding Value Potential: The launch of the engine QTR business opens up higher-value and broader market opportunities for the Company. Initial service capabilities cover engine module replacement, accessory installation/refurbishment, and routine engine inspections (with more capabilities under development), significantly enhancing the Company's ability to manage the entire lifecycle of aviation assets and maximize their value.
2.Fortifying Core Competitiveness: Establishing a robust barrier in the aviation maintenance market based on technical depth and quality stability enhances Zaiyi Services' brand credibility and increases the Company's attractiveness for partnerships within the aviation industry chain, particularly in the recycling sector. This lays the groundwork for providing customers with reliable, value-added "one-stop" maintenance support and asset management solutions.
3.Upgrading Integrated Support Services: Empowered by this certification, the Company will integrate and optimize maintenance resource chains, strengthen parts support capabilities, and deepen cooperation with OEMs and MROs. It is committed to providing customers with "one-stop, full-process, high-reliability" services encompassing engine QTR, engineering services, and parts support, thereby continuously improving customer operational efficiency and enabling greener aviation operations.
This industry certification is the result of the dedicated efforts of all Zaiyi Services employees, who embody the company's advocated craftsmanship spirit and strict adherence to safety regulations. It also confers greater responsibility and higher expectations upon Hangrun Technologies. The Company remains steadfast in its mission to "Pioneer Sustainable Aviation Assets." Starting from this breakthrough in maintenance capability, Hangrun Technologies will continuously pursue technological innovation and service enhancement, deepening collaboration with global partners to share this mission. By building a solid maintenance foundation, the Company will persistently promote the recycling and value regeneration of aviation assets, contributing to the safe, efficient, green, and sustainable development of the global civil aviation industry.
