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Aviation Industry Corporation of China information


Aviation Industry Corporation of China
Native name
中国航空工业集团公司
Company typeState owned
Industry
  • Aerospace
  • defense
  • electronics
PredecessorChina Aviation Industry Corporation I
China Aviation Industry Corporation II
FoundedApril 1, 1951; 73 years ago (1951-04-01)
Headquarters
Chaoyang District, Beijing
,
China
Area served
Worldwide
Key people
Tan Ruisong (Chairman and CEO)[1]
ProductsCivil and military aircraft
Unmanned aerial vehicles
Trucks
Automobile parts
Electronics
Robots
Ships
RevenueIncrease US$66.96 billion (2021)[2]
Operating income
Increase CN¥370.6 billion (2016)
Net income
Increase US$915.7 million (2021)[2]
Total assetsIncrease US$161.2 billion (2021)[2]
Number of employees
407,344 (2021)[2][3]
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
  • Shaanxi Aircraft Corporation
  • Hongdu Aviation Industry Group
  • Changhe Aircraft Industries Corporation
  • Chengdu Aircraft Industry Group
  • Guizhou Aircraft Industry Corporation
  • AVIC Tianshui Aviation Industry
Websiteen.avic.com Edit this at Wikidata
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
Abbreviation
Simplified Chinese航空工业
Traditional Chinese航空工業

The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council. It is ranked 140th in the Fortune Global 500 list as of 2021,[2] and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe.[4] AVIC is also the sixth largest defense contractor globally as of 2022 and second largest Chinese defense contractor with total revenue of $79 billion (from both defense and non-defense services.)[5]

  1. ^ Aviation Industry Corporation of China. "Leadership - AVIC". Archived from the original on 2019-11-09. Retrieved 2018-05-31.
  2. ^ a b c d e Cite error: The named reference Fortune 500, AVIC was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference AVIC, Overview was invoked but never defined (see the help page).
  4. ^ "China's NORINCO, AVIC Among Top 10 Defense Companies Worldwide; SIPRI". www.defenseworld.net.
  5. ^ "15 Largest Defense Contractors in the World in 2022". Insider Monkey/Yahoo Finance. Retrieved 2023-12-17.

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