The civil aviation industry has a wide radius, a long industrial chain, and a strong pulling effect on economic and social development, so the domestic aircraft has been listed as a strategic emerging industry for national key development. However, in the aero-engine, avionics system and many other core technologies need to break through, in the high-end composite materials, China and foreign countries also have a small gap.

Such history is about to be rewritten. 26th October, Conqueror Investment Group and Italy's LEONARDO Joint Stock Company to build the aviation composite materials industry base landed in Zhangjiagang, Jiangsu Province. The completion of the project, will enable China in the field of aviation composite materials step into the world's advanced level, for China's large aircraft strategy to form a strategic support.

It is reported that the project has a total investment of 30 billion yuan, plans to be divided into four phases, in 2025 the construction is completed. A project investment of 5 billion yuan, covers an area of 400 acres, the construction period of 2 years. After the completion of the project, it will provide carbon fibre composite middle fuselage components for CR929 wide-body airliners. In the future, the company will also work closely with domestic general aviation, as well as with Boeing and Airbus.

How big is the market space of aviation composite industry? What are the lessons for China's new material startups that Conqueror Investment chose to cooperate with Italy's Leonardo Group? What are the implications for China's new materials investment?

Conqueror joins hands with Leonardo

According to the latest market forecast, the growth of passenger traffic and the upcoming mass retirement of aircraft will create a demand for 42,730 new aircraft in the next 20 years, which is a huge market that brings a wide space for the aviation composite materials industry.

On 26th October, Xie Fuyuan, president of Kande Composites and chairman of Kande Marco Polo Aviation Technology Jiangsu Co., Ltd, told the reporter that in the field of aviation, the dosage of composite materials will be bigger and bigger and more and more parts will be used.

But the domestic technology is not enough to be able to do this thing completely. In the field of military aviation, AVIC has done a good job, but in the field of civil aviation, because of the relative investment is not enough. And this provides an opportunity for the Conqueror Group to co-operate with Leonardo and others.

Italy LEONARDO (Leonardo) Group is one of the world's top ten military industrial groups, Europe's second largest aerospace enterprises, its design, manufacturing and testing technology in advanced composite materials, especially composite materials in the processing of large-scale structural components in the international aviation market enjoys a good reputation, is the main civil aircraft projects in North America and Europe (such as Boeing and so on) partners.