0232 on Hong Kong Stock Exchange

Aviation Industry Corporation of China, Ltd.

Chinese aerospace and defense manufacturer

The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned, publicly-traded aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council.2 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

Apr 17, 1951Founded1

Compare with another stock.

  • Ticker0232 on Hong Kong Stock Exchange1
  • Industryaerospace industry1
  • HeadquartersChaoyang District1
  • Websiteen.avic.com

See how the biggest companies compare on our leaderboards

AVIC headquarters at Sanyuanqiao (20210611121633)
Photo: N509FZ, CC BY-SA 4.0, via Wikimedia Commons3

The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned, publicly-traded 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, and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe. 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).2

How it started

History

Since being established on 1 April 1951 as the Aviation Industry Administration Commission, the aviation industry of the People's Republic of China has been through 12 systemic reforms.

In 1994, Avic was among the large industrial state-owned enterprises of China which were selected for a pilot program of restructuring as state holding companies, thereby enabling partial public listings of its subsidiaries' assets.

AVIC purchased American aircraft engine manufacturer Continental Motors, Inc. in 2010, aircraft manufacturer Cirrus in 2011, and specialized parts supplier Align Aerospace in 2015. In 2015, AVIC and BHR Partners acquired U.S. automotive supplier Henniges, through a joint venture structure.

In 2016, Aero Engine Corporation of China was formed, capitalized with US$7.5 billion by Aviation Industry Corporation of China (AVIC) and Commercial Aircraft Corporation of China, Ltd. (COMAC) in order to consolidate aero-engine and related technologies.

Split and re-merger

From Wikipedia’s article on Aviation Industry Corporation of China, Ltd., shared under CC BY-SA 4.0.2

Subsidiaries and ownership

Parent company

  • State-owned Assets Supervision and Administration Commission of the State Council

Subsidiaries

  • AVIC I
  • AVIC International
  • AVIC Manufacturing Technology Institute
  • Changhe Aircraft Industries Corporation
  • China Aviation Industry Corporation II
  • Comac
  • Continental Motors
  • Harbin Aircraft Manufacturing Corporation
  • Hongdu
  • Research Institute for Special Structures of Aeronautical Composite
  • Shaanxi Aircraft Corporation
  • Shenyang Aircraft Corporation

Also owns

From Wikidata.1

Acquisitions

  1. Dec 14, 2010Acquired Continental Motors1
  2. Succeeded Ministry of Astronautics Industry of the People's Republic of China1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2019$22.5B1

Timeline

  1. Apr 17, 1951Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3