AVIC International

Aviation Industry Corporation of China

Native name	Chinese: 中国航空工业集团公司
Type	State owned company
Industry	Aerospace, Defence, Electronics
Predecessor	China Aviation Industry Corporation I China Aviation Industry Corporation II
Founded	November 6, 2008; 8 years ago (2008-11-06)
Headquarters	Chaoyang District, Beijing, China
Area served	worldwide
Key people	Lin Zuoming (Chairman and CEO)
Products	Civil and military aerospace Trucks Automobile parts Electronics Robots
Revenue	CN¥ 392 billion / US $62.3 billion (2014)
Operating income	CN￥ 370.6 billion (2016)
Net income	CN￥ 16.73 billion (2016)
Total assets	CN￥ 854.6 billion (2016)
Owner	SASAC
Number of employees	535,942 (2015)
Divisions	AVIC Aircraft China Aviation Industry General Aircraft Avicopter China National Aero-Technology Import & Export Corporation
Subsidiaries	Harbin Aircraft Industry Group Shenyang Aircraft Corporation Xi'an Aircraft Industrial Corporation Hongdu Aviation Industry Group Changhe Aircraft Industries Corporation Chengdu Aircraft Industry Group Guizhou Aircraft Industry Corporation
Website	www.avic.com

Aviation Industry Corporation of China
Simplified Chinese	中国航空工业集团公司
Traditional Chinese	中國航空工業集團公司
Transcriptions Standard Mandarin Hanyu Pinyin Zhōngguó Hángkōng Gōngyè JÍtuán Gōngsī

Transcriptions
Standard Mandarin
Hanyu Pinyin	Zhōngguó Hángkōng Gōngyè JÍtuán Gōngsī

Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense company. It is ranked 159th place in the Fortune Global 500 lists.

Since being established on 1 April 1951 during the Korean War as the Aviation Industry Administration Commission, the aviation industry of the People's Republic of China has been through 12 systemic reforms.

AVIC purchased American aircraft engine manufacturer Continental Motors, Inc. in 2010, and American aircraft manufacturer Cirrus in 2011.

China Aviation Industry Corporation (Chinese: 中国航空工业总公司) was a Chinese consortium of aircraft manufacturers. On July 1, 1999, this consortium was split into China Aviation Industry Corporation I and China Aviation Industry Corporation II.

On 28 October 2008, AVIC I and AVIC II officially merged because the previous separation resulted in split resources and led to redundant projects. The major focus of AVIC is to efficiently develop indigenous military technologies, and to eventually compete with Airbus and Boeing in the civilian airline industry.

During the Airshow China 2008, AVIC appeared to the public for the first time.

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Wikipedia