Avic Xi'an Aircraft Industry Group (stock code: 000768) is an aviation manufacturing company located in Shaanxi Province, China. Established in 1958, it belongs to the China Aviation Industry Corporation (AVIC). As one of China's important aviation manufacturing companies, Avic Xi'an Aircraft Industry Group focuses on the research, production, and maintenance of military and civil aircraft, dedicated to advancing the modernization of China's aviation industry.
Company Background
The predecessor of Avic Xi'an Aircraft Industry Group was Xi'an Aircraft Manufacturing Company, initially established to support China's defense and aviation industry. With the development of China's aviation industry, the company gradually expanded its product line, covering a variety of aircraft types, including fighter jets, transport planes, trainer aircraft, and civil aircraft. Avic Xi'an Aircraft Industry Group occupies an important position in China's aviation manufacturing field, participating in the research and production of several key national aviation projects.
Main Products
Avic Xi'an Aircraft Industry Group's main products include:
Military aircraft: Avic Xi'an Aircraft Industry Group is a significant manufacturer of military aircraft in China, producing various models of fighter jets and transport planes, such as J-10, Y-20, etc. The company's research and manufacturing capabilities in the military aviation sector are widely recognized.
Civil aircraft: With the rapid development of the civil aviation market, Avic Xi'an Aircraft Industry Group has also begun to produce civil aircraft, such as the ARJ21 regional jet. The company is committed to enhancing the competitiveness of the civil aviation market and actively participating in the development of the international civil aviation market.
Aircraft components: In addition to aircraft manufacturing, Avic Xi'an Aircraft Industry Group also produces a variety of aircraft components, serving a number of domestic and foreign airlines and aircraft manufacturers.
Technical Research and Development
Electric vehicles (EV) have attracted more and more investors globally, especially after the rapid rise of Tesla. With China's commitment to achieving carbon neutrality by 2060 and strengthening its leadership position in the electric vehicle sector, local electric vehicle manufacturers have become a disruptive force in the industry. Although China requires global original equipment manufacturers (OEMs) to enter the domestic market through a 50-50 joint venture structure with local Chinese companies, the country may still lag behind foreign manufacturers in internal combustion engine (ICE) technology.

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Futu Singapore as the first digital brokerage to clinch full memberships from the SGX Gro...

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