On that day, Kande Group and LEONARDO held a groundbreaking ceremony for the first phase of the project in Zhangjiagang. According to the materials provided by Kande Group, the total investment of the project is 30 billion yuan, and the project is planned to be divided into four phases to be constructed and completed in 2025. Among them, the first phase of the project has an investment of 5 billion yuan, covers an area of 400 acres, and has a construction period of 2 years.

The project takes Condor Marco Polo Aviation Technology Jiangsu Co Ltd, a subsidiary of Condor Group, as the operating entity. According to the plan, COMAC will be the first customer served by the project, and the products supplied will be carbon fibre composite middle fuselage components for the CR929 wide-body airliner. COMAC is the implementation of national large aircraft major special projects in the main body of the large passenger aircraft project, CR929 long-distance wide-body passenger aircraft is a dual-channel civil aircraft jointly developed by China and Russia.

For the project supply of products on the day, Xie Fuyuan said in an interview, he said, the proposed supply of large aircraft fuselage main bearing structure, this structural component is subject to a larger load, a greater impact on the safety of the aircraft. According to industrial and commercial information, Xie Fuyuan is now the chairman of the board of directors of Condor Marco Polo Aviation Technology Jiangsu Co. He pointed out that the domestic large aircraft is a measure of a country's manufacturing advanced level of the high point. In the process of realising the strategy of large aircraft in China, aviation composite materials have an extremely important position.

For the joint venture project two enterprises, which Kangde Group is one of the first batch of private enterprises established in Beijing Zhongguancun New Technology Industrial Test Development Zone, currently has with pre-coated materials, photoelectric materials, carbon fibre, intelligent display of the industry sector. It has a listed company, Kangdexin, which, according to its official website, currently owns industrial sectors related to pre-coated materials, optoelectronic materials, carbon fibre, and intelligent display.

LEONARDO company is one of the world's top ten military industrial group, according to the official website, the group is one of the major players in aviation, defence and security, the partners are not lack of governments, armed forces, the market throughout Italy, Britain, the United States, Poland and so on. Public information shows that, as the largest Italian aerospace company, LEONARDO is the supplier of civil aircraft structural parts for Boeing and Airbus.