The Historical Evolution of AVIC Aircraft Co., Ltd.

In 2009, xifei International announced the reorganization of assets, and planned to issue shares to Shaanxi Aircraft Industry (Group) Co., Ltd., AVIC Aircraft Landing Gear Co., Ltd., Xi 'an Aviation Brake Technology Co., Ltd. and Xi 'an Aircraft Industry (Group) Co., Ltd. to purchase its aviation business assets.

On 20 13 1.6, avic aircraft co., ltd was inaugurated in yanliang district, Xi. Its predecessor was Xi 'an Aircraft International Aviation Manufacturing Co., Ltd. (hereinafter referred to as Xifei International). The extraordinary shareholders' meeting of Xifei International 201212 held at the end of February has reviewed and passed the proposal to change the company name, and the abbreviation of listed companies has also been changed from "Xifei International" to "AVIC Aircraft".

On October 20 12, 1 1 year 10, AVIC Aircraft Co., Ltd. purchased the aviation business-related assets of Xi 'an Aircraft Industry (Group) Co., Ltd. and Shaanxi Aircraft Industry (Group) Co., Ltd. by way of non-public offering of shares, marking the first successful implementation of asset reorganization of aircraft business in China. At present, the company has four subsidiaries, namely AVIC Xi 'an Aircraft Branch, AVIC Hanzhong Aircraft Branch, AVIC Xi 'an Brake Branch and AVIC Changsha Landing Gear Branch, and nine subsidiaries, including AVIC Shen Fei Civil Aircraft Co., Ltd. and AVIC Chengfei Civil Aircraft Co., Ltd. The company is committed to building an excellent listed company with efficient governance and outstanding performance, and is committed to becoming a leader in the international large and medium-sized aircraft industry.