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Everbright: The C919 has entered a rapid delivery phase, and the added value of the domestic Industry Chain is expected to further increase.
Looking to the future, according to predictions from Commercial Aircraft Corporation of China, it is expected that 9,323 aircraft will be delivered to the Chinese market over the next 20 years, with a market value of approximately 1.4 trillion dollars.
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Avic Xi’An Aircraft Industry Group (000768.SZ): Currently, the C929 project is progressing in an orderly manner according to the plan of Commercial Aircraft Corporation of China, with the development of test pieces, components, and more.
On January 9, Glorious Progress reported that Avic Xi’An Aircraft Industry Group (000768.SZ) stated during an investor relations event that in 2024, the company will achieve a continuous increase in the total quantity of the C919 fuselage structure batch production and delivery for four consecutive years. Combined with the confirmed purchase agreements and aircraft reserve Orders announced by Comac, the company focuses on sustainable industrial development, balancing both internal and external factors, to carry out process management according to target costs, ensuring delivery meets Comac's demands while promoting quality and efficiency improvements in project Operation. Based on the C919, the company is also highly attentive to the progress of the C929 aircraft project and actively participates in project development. Currently, the C929 project is progressing in accordance with Comac's plans.
Avic Xi’An Aircraft Industry Group (000768.SZ): the largest supplier of the C919 aircraft's main structural components.
On January 9, Gelonghui reported that Avic Xi’An Aircraft Industry Group (000768.SZ) stated during an investor relations event that the company, as the largest supplier of fuselage structure components for the C919 aircraft, has undertaken the development and production tasks for five work packages, including the central fuselage (including the central wing), outer wing box, flaps, slats, and ailerons, which involve the most technical difficulty and the largest workload. As product deliveries increase and benefits from the learning curve and economies of scale are realized, the cost per C919 aircraft will gradually decrease, contributing new profit growth points for the company.
Avic Xi’An Aircraft Industry Group (000768.SZ) has no cooperative business with Kuang-Chi Technologies.
According to Gelonghui on January 8, Avic Xi’An Aircraft Industry Group (000768.SZ) stated on the investor interactive platform that as of now, the company has no cooperative Business with Kuang-Chi Technologies. Kuang-Chi Technologies is not a supplier of the company or its subsidiaries.
102884128 : getting disappointed with this counter. every day drop.