AviChina Industry & Technology (AviChina; ) is a partially state-owned publicly listed aviation company headquartered in Beijing. It primarily is involved with aircraft manufacturing, supplying aviation Ancillary Systems and providing aviation engineering services.
The company is a subsidiary of the Aviation Industry Corporation of China (AVIC).
Background
AviChina was established on 30 April 2003.[1] It was previously the civil unit of China Aviation Industry Corporation II. As of 2003 it was the largest minicar maker in China with a 41 percent market share as well as the only domestic mass producer of helicopters and regional jets in China. Although the car business made up 80% of its revenue in the previous year it expected its aircraft assembly business to drive future growth. AviChina held 49 percent of a joint venture with Embraer to build jets in China. It also had partnerships with Sikorsky Aircraft and Eurocopter to make helicopters
On 30 October 2003, AviChina held its initial public offering becoming a listed company on the Hong Kong Stock Exchange