The order for the airplane, to be delivered within three years, is part of a long-term cooperation agreement with Rizhao Wohe.
Another agreement was signed between the Chinese firm and Magnus Aircraft's Chinese subsidiary, which includes a sales target of 45 aircraft per year in the region.
Rizhao Wohe was established in the Rizhao High-tech Zone in 2003. It is involved in aircraft sales, parts supply, and other aerospace businesses.
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