Continental Aerospace Technologies is an international operator that provides advanced gasoline and Jet-A piston engine products, spare parts, engine and aircraft services, avionics equipment and repair services to the general aviation market. The target assets included the group’s principal operating entities in the United States and Germany, namely Continental Aerospace Technologies and Continental Aerospace Technologies GmbH, together with related Hong Kong and BVI holding entities. Following completion, Continental Aerospace Technologies Holding Limited will implement a special dividend and delisting in accordance with the Hong Kong Takeovers Code and the Hong Kong Listing Rules. In accordance with the Hong Kong Takeovers Code and the Listing Rules and following approval by the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, the listed company issued an announcement regarding the substantial disposal, special dividend, proposed withdrawal of the listing status and the proposed liquidation. Other involved partners includeLI, Shengjie (Selina) in Beijing, XIE, Jiahao in Hong Kong and LIU, Yijing (Eloise) in New York.