[ET Net News Agency, 17 August 2018] TravelSky Technology (00696) said it entered into
the subcontract agreement with Xiamen Cares, pursuant to which the company has agreed to
subcontract to Xiamen Cares the construction of the facial recognition & ID authentication
system for the forty-eight airports (including Fuzhou and Changchun) project, which
includes the procurement, installation and testing of the required software and hardware
and the overall system implementation and the one-year quality warranty for the facial
recognition & ID authentication system.
Xiamen Cares is a non-wholly owned subsidiary of the company, which is owned as to 51%
by the company, 28.5% by Xiamen Airlines and 20.5% by Xiamen International Aviation. (SC)