Recently, Beijing Zhonghang Hangte Lubrication Technology Co., Ltd and PICC Property & Casualty Company Limited (PICC) officially signed a product liability insurance agreement. This collaboration marks a significant step forward for AVIC Aviation in product quality assurance and risk management, providing solid support for the promotion and development of its products in the market.

Since its establishment in 2016, Beijing Zhonghang Hangte Lubrication Technology Co., Ltd. has consistently adhered to the principle of "military-grade standards with quality as the foundation", focusing on the R&D and sales of aviation hydraulic oil, industrial lubricants, and specialty lubricants. Leveraging the integration of military and civilian sectors, the company has established a nationwide sales and service network serving high-end equipment manufacturing fields including aerospace, research institutes, and aircraft carriers.

As an important tool of enterprise risk management, product liability insurance plays a key role in ensuring enterprises to deal with product quality risks. It can not only reduce the potential economic burden for enterprises, but also enhance the credibility and competitiveness of enterprises in the eyes of consumers.

AVIC Hangte  Technology's recent partnership with PICC Property and Casualty Insurance aims to strengthen its product quality assurance system and demonstrate confidence in product excellence. By transferring product liability risks, the company can better address market challenges, focus on product development and innovation, and enhance service quality. This initiative also reflects AVIC Aviation Technology's commitment to consumer responsibility, helping build brand trust and laying a solid foundation for product market expansion.

In the future,AVIC Hangte  will join hands with PICC to give full play to the role of insurance in risk protection, continue to optimize products and services, and make contributions to the development of the industry by deeply working in the field of lubrication technology, so as to help China's high-end equipment manufacturing reach a new height.