AVIC International Holding Corporation (AVIC INTERNATIONAL) was born from its predecessor, China National Aero-Technology Import & Export Corporation(CATIC), which was established in January 1979, at the beginning of China’s reform and opening-up drive. In 2008, CATIC was restructured and renamed AVIC INTERNATIONAL.
AVIC is one of the leading companies in science & technology development in China. It has a high-level research network include 33 research institutes and China Aviation Establishment. It has a large team of academicians and national-class experts. A large number of research & test facilities take the lead in Asia or in the world. AVIC intranet, connecting all the domestic AVIC subsidiaries and affiliates, greatly facilitates the collaboration on information flow necessary for concurrent design and manufacturing at different locations.
AVIC INTERNATIONAL today is controlled by Aviation Industry Corporation of China (AVIC) and its shares are also jointly held by The National Social Security Fund，Plateau Capital, and China Aviation Industrial Fund. AVIC INTERNATIONAL has set up wholly-owned or holding subsidiaries in major cities across China, has established over 110 branches in more than 50 countries and regions, and owns eight listed companies. The company has over 70,000 employees serving customers in more than 180 countries and regions. It has a total asset of more than RMB 220 billion.
AVIC has nearly 200 subsidiaries, which are located in 19 provinces and cities including Beijing, Shanghai, Tianjin, Shaanxi, Sichuan, Guizhou, Liaoning, Jilin, Heilongjiang, Jiangxi, Henan, Anhui, Jiangsu, Hubei, Hunan, Shandong, Hebei, Gansu, Guangdong.
China Aviation Industry Corporation (AVIC) is an ultra large state-owned enterprise and and investment institution, authorized and managed by the Central People’s Government. It is reorganized from AVIC I and AVIC II. AVIC is managed through 10 business units: defense, transport aircraft, aviation engine, helicopters, avionics, general aviation aircraft, aviation research and development, flight test, trade & logistics, asset management. It has nearly 200 subsidiaries and over 20 listed companies.
As an important member of China’s aviation industry, AVIC INTERNATIONAL is pioneering in the development and reform of the industry and serves as a comprehensive platform for the aviation industry to develop overseas markets, set up related businesses and expand international investment. Depending on the three major platforms of information technology, finance and financial investment, and overseas financing and services, the company specializes in six major business sectors, including international aviation, trade & logistics, retail & high-end consumer goods, real estate & hotel management, electronic high technology and development of resources.
Over the past three decades, AVIC INTERNATIONAL has exportedmore than a thousand of aircrafts and imported several hundred aircrafts. It has also facilitated numerous technology imports and international cooperation From introducing foreign technology to taking part in independent R&D and to having products exported around the world, AVIC INTERNATIONAL has witnessed a brilliant history of the aviation industry in China.