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According to the industrial and commercial registration information, the registered address of China Aviation Development Corporation is No. 5, Lanxun South Road, Haidian District, Beijing, with a registered capital of 50 billion yuan. In the same period, the registered capital of China Aviation Industry Corporation (hereinafter referred to as AVIC) was 64 billion yuan. 
According to the website of the Haidian District Government of Beijing, China Aviation Development Corporation is a state-controlled commercial military group company approved by the State Council. Its subsidiaries include 46 enterprises and institutions engaged in aviation engines and related businesses of AVIC (nine in Beijing).
China Aviation's business scope includes the design, development, production and sales of military and civilian aircraft power units, second power units, gas turbines, and aero-engine technology derivatives; aircraft, engines, helicopters and other advanced materials in the defense technology industry and civil fields. Development and so on.
The research and development process of aero-engines involves many technical fields and requires many kinds of professional support. It is known as the flower of industry - "the pearl of the industrial crown". Due to the high technical threshold, high risk, high investment, long cycle, only the world A few countries, such as the United States, Britain, Russia, and France, have the ability to exclusively develop and produce products. The establishment of China Aviation Development Co., Ltd. is in response to the State Council’s strategic deployment of the “Aero Engine and Gas Turbine†major special projects.
During the National “Two Sessions†in 2015, the State Council’s government work report included “aero-engines and gas turbines†in the national strategic emerging industries for the first time. The report proposes that major projects such as aero-engines and gas turbines should be implemented, and national defense scientific research and high-tech weapons and equipment construction should be strengthened. On February 25 this year, Minister of Industry and Information Technology Miao Wei said at the press conference of the State Council Office that a key task of the Ministry of Industry and Information Technology this year was to launch a major project for the implementation of aircraft engines and gas turbines.
On the last trading day before the National Day last year, the three listed companies of AVIC, China Aviation Power (600893.SH), AVIC (000738.SZ) and Chengfa Technology (600391.SH) collectively suspended trading, the company’s actual controller The news is about to change, and the news about the formation of China Airlines will gradually heat up.
On the evening of March 2 this year, the three companies announced at the same time the announcement of the appointment of the proposed chairman, party secretary, general manager and deputy secretary of the party group. The formation of China Aviation Development has entered a substantive phase and will become the actual controller of the three listed companies.
In addition to Cao Jianguo, who was already announced at the time, was the chairman and party secretary of China Aviation Development Corporation, and Li Fangyong was appointed as the director, general manager and deputy secretary of the party group of China Aerospace. China Aviation issued the external director and deputy general manager, chief accountant and deputy secretary of the party group. And other group leaders.
Informed sources told the interface journalist that one of the reasons why China Airlines was not formally established was that the new leaders needed to find out their new homes, especially for inefficient loss-making members, to dig out the source of losses and avoid formal formation. Come to a bigger loss.
On May 23, China Aviation Development held a special meeting to deploy the group company's investment project clean-up and loss-making enterprise rectification work. At the meeting, the plan for the liquidation of China Aviation's equity investment project was announced, and specific arrangements were made for the Group's 2016 investment clean-up and loss-making plan.
The interface news reporter noted that the important public activities of China Aviation Development Corporation have the participation of the heads of AVIC Engine Holdings Co., Ltd. (hereinafter referred to as AVIC Engine), which also means that China Aviation Development Corporation is more likely to be included in AVIC's engine assets. Big.
AVIC's engine was originally a wholly-owned subsidiary of AVIC. The company's total assets are 102.7 billion yuan. It has more than 20 member units and subsidiaries and holds the above three listed companies. Its main business includes engine mainframe, scientific research, transmission and control.
According to a person familiar with the matter told the interface journalist, AVIC Beijing Aeronautical Materials Research Institute (621) may be transferred to China Airlines; however, the same has been announced that the actual controller intends to change the AVIC heavy machine (600765.SH ) will not be transferred, still remain inside AVIC.
Another important information disclosed in the industrial and commercial registration information is that China Airlines is a state-owned limited liability company, and its corporate shareholders include China Commercial Aircraft Co., Ltd. (hereinafter referred to as China Commercial Aircraft), Beijing State-owned Capital Management Center, and the State Council. State-owned Assets Supervision and Administration Commission (hereinafter referred to as the State-owned Assets Supervision and Administration Commission) and AVIC. Haidian District website has announced that Beijing State-owned Capital Management Center has invested 10 billion yuan, accounting for 20% of the shares. The shareholding ratio of the remaining three legal person shareholders has not been known.
Unlike most central enterprises, which are SASACs as separate funders, China Airlines’ shareholders are relatively dispersed. “The introduction of COMAC and AVIC is due to the fact that the two companies have business contacts with China Airlines.†An institutional analyst said that AVIC’s main business is forging, half of its forged products are supplied to the engine, and half are Supply aircraft manufacturing. In addition, COMAC is the main research unit of the domestic large aircraft C919 and the regional passenger aircraft ARJ21.
China Aviation Engine Group Corporation was established as the twelfth military industrial group
Abstract The military industry central enterprise group welcomes new members. China Aviation Engine Group Co., Ltd. (hereinafter referred to as China Aviation Development Corporation) was quietly established on the last day of May and officially became the 12th military industry group in China. The industrial and commercial registration information shows that the registered address of China Aviation Development is Beijing Haidian District Blue...
The military industry central enterprise group welcomed new members. China Aviation Engine Group Co., Ltd. (hereinafter referred to as China Aviation Development Corporation) was quietly established on the last day of May and officially became the 12th military industry group in China.