Silkroad has been retained by Parker FACRI Actuation Systems (Xi'an) Co., Ltd. ("Parker FACRI") recently. Services to be provided include contract/document drafting and reviewing on development and construction of real estate project, house sales, internal management and labor.& employment, issuing legal opinion on major issues, participating in negotiations and resolving disputes.
Parker FACRI, based in Xi'an, China, is a newly established equity joint venture between Parker Hannifin Corporation (a Fortune 300 U.S. company). Parker Aerospace is a subordinate operation division of Parker Hannifin dedicated to the design and production of flight control, hydraulic, fuel, fluid rotation, thermal management, engine components and systems for the aviation market and other high-tech markets and providing related maintenance services. AVIC is a leading flight control research institution, which is engaged in production designing, research development, production and after-sales service.
FACRI is committed to providing high-tech flight control actuation products and services to Chinese market in low-cost and is a supplier of C919 aircraft.