At 9:25 a.m. on February 17th, with the ringing of the listing bell inside the Shenzhen Stock Exchange, AVIC Chengfei officially entered the capital market.
During the listing ceremony, Wang Huifang, member of the Party Group and Chief Accountant of AVIC, Rui Shaochun, Chairman of AVIC Chengfei, and Li Hui, Deputy General Manager of Shenzhen Stock Exchange, delivered speeches. Subsequently, Wang Huifang, together with leaders from the Sichuan Provincial Office of National Defense Science, Technology and Industry for National Defense, Shaanxi Provincial Office of National Defense Science, Technology and Industry for National Defense, and other relevant leaders, rang the opening bell for AVIC Chengfei's listing. Leaders from Shenzhen Stock Exchange, AVIC, Sichuan Provincial Office of National Defense Science, Technology and Industry for National Defense, Qingyang District of Chengdu, Shaanxi Provincial Office of National Defense Science, Technology and Industry for National Defense, Hanzhong City, as well as representatives from intermediary institutions, related enterprises in the industrial chain, and some employees of AVIC Chengfei, were present to witness the event.
AVIC Chengfei was restructured through the issuance of shares by AVIC Electro-Mechanical Systems to AVIC for the purchase of 100% equity of AVIC Chengdu Aircraft Industry Group. The listing of AVIC Chengdu Aircraft Industry Group's core military assets is a typical case of the capital market's precise support for asset reorganization and mergers in the field of scientific and technological innovation, following the issuance of the new 'Nine National Policies' and the '16 Science and Technology Enterprise Policies.'
Established in 1958, AVIC Chengdu Aircraft Industry Group is a direct unit of AVIC and is a major base for the research, development, production, and export of China's aviation weapons and equipment. It is also an important manufacturer of civil aircraft parts and a key advantageous enterprise at the national and provincial levels. Its headquarters is located in Qingyang District, Chengdu, Sichuan Province. The listing on the capital market marks a new breakthrough in Chengfei's reform and a new opportunity for high-quality development. After the restructuring, the listed company will achieve a leap from a 'component supplier' to an 'aircraft and core system integrator,' forming a core competitiveness in the research and development of aviation equipment and further strengthening its support and guarantee for the construction of advanced aviation equipment.
The listing of AVIC Chengfei on the capital market is an important measure by AVIC to implement the requirements of the CPC Central Committee and the State Council to comprehensively deepen the reform of state-owned enterprises and to strengthen and expand state-owned capital and enterprises. It is also an important practice in serving the modernization of national defense and the armed forces.
Galleon Aviation 联系中航成飞
During the listing ceremony, Wang Huifang, member of the Party Group and Chief Accountant of AVIC, Rui Shaochun, Chairman of AVIC Chengfei, and Li Hui, Deputy General Manager of Shenzhen Stock Exchange, delivered speeches. Subsequently, Wang Huifang, together with leaders from the Sichuan Provincial Office of National Defense Science, Technology and Industry for National Defense, Shaanxi Provincial Office of National Defense Science, Technology and Industry for National Defense, and other relevant leaders, rang the opening bell for AVIC Chengfei's listing. Leaders from Shenzhen Stock Exchange, AVIC, Sichuan Provincial Office of National Defense Science, Technology and Industry for National Defense, Qingyang District of Chengdu, Shaanxi Provincial Office of National Defense Science, Technology and Industry for National Defense, Hanzhong City, as well as representatives from intermediary institutions, related enterprises in the industrial chain, and some employees of AVIC Chengfei, were present to witness the event.
AVIC Chengfei was restructured through the issuance of shares by AVIC Electro-Mechanical Systems to AVIC for the purchase of 100% equity of AVIC Chengdu Aircraft Industry Group. The listing of AVIC Chengdu Aircraft Industry Group's core military assets is a typical case of the capital market's precise support for asset reorganization and mergers in the field of scientific and technological innovation, following the issuance of the new 'Nine National Policies' and the '16 Science and Technology Enterprise Policies.'
Established in 1958, AVIC Chengdu Aircraft Industry Group is a direct unit of AVIC and is a major base for the research, development, production, and export of China's aviation weapons and equipment. It is also an important manufacturer of civil aircraft parts and a key advantageous enterprise at the national and provincial levels. Its headquarters is located in Qingyang District, Chengdu, Sichuan Province. The listing on the capital market marks a new breakthrough in Chengfei's reform and a new opportunity for high-quality development. After the restructuring, the listed company will achieve a leap from a 'component supplier' to an 'aircraft and core system integrator,' forming a core competitiveness in the research and development of aviation equipment and further strengthening its support and guarantee for the construction of advanced aviation equipment.
The listing of AVIC Chengfei on the capital market is an important measure by AVIC to implement the requirements of the CPC Central Committee and the State Council to comprehensively deepen the reform of state-owned enterprises and to strengthen and expand state-owned capital and enterprises. It is also an important practice in serving the modernization of national defense and the armed forces.
Galleon Aviation 联系中航成飞