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What is the relationship between Shaanxi and Xifei?

Both are aircraft manufacturers, but Shaanxi Aircraft and Xifei are two different aircraft manufacturers.

As a state-owned capital investment company of aviation industry corporation of china (AVIC), AVIC Aircraft Co., Ltd. (Avic) will begin an important capital operation.

On the evening of 20 1 1910.5, "avic aircraft" announced that it planned to replace some assets of aircraft parts manufacturing business with some assets of avic aircraft co., ltd. (hereinafter referred to as "aviation industrial aircraft"), which is expected to constitute a major asset reorganization.

The assets injected this time include: Xi 'an Aircraft Industry Group (hereinafter referred to as "Xifei") 100% equity, Shaanxi Aircraft Industry Group (hereinafter referred to as "Shaanxi Aircraft") 100% equity and AVIC Tianshui Aircraft Industry Co., Ltd. 100% equity. ..

Among them, 0/00% equity of AVIC Tianshui Aircraft Industry Co., Ltd./KLOC-is planned to be transferred from aviation industry corporation of china to "Aviation Industrial Aircraft" for free before this transaction, and then placed in "AVIC Aircraft".