锚定“五化”路径 中航重机筑牢国防配套硬支撑

Core Viewpoint - AVIC Heavy Machinery (中航重机) is focusing on building a specialized support system for general aviation infrastructure, leveraging its advantages as a core enterprise in the aviation industry and aligning with national strategic directions [1] Group 1: Business Performance - The company has shown steady growth in operating performance over the past five years, with revenue increasing from 6.698 billion to 10.36 billion from 2020 to 2024, and net profit attributable to shareholders rising from 344 million to 639 million [1] - The capital market's resource allocation role has become increasingly prominent [1] Group 2: Strategic Development Directions - The company is focusing on optimizing its business structure and enhancing its role in the modernization of the Guizhou industrial system, while deepening the "Research Institute + Enterprise" model and promoting innovation platform construction [2] - AVIC Heavy Machinery is advancing digital transformation by leveraging AI to create models for design, production, and management, aiming to establish a replicable and iterative digital model [1] Group 3: Market Expansion - The company is deepening its presence in domestic defense sectors such as aviation and shipbuilding, while also exploring high-end civilian markets like gas turbines and commercial aerospace, as well as emerging sectors like low-altitude economy [2] - Internationally, AVIC Heavy Machinery is accelerating its military trade market expansion along the Belt and Road Initiative and in the European civilian market, focusing on new customers and models within Boeing and Airbus manufacturing systems [2] Group 4: Sustainable Development and Cost Control - The company is promoting green development alongside cost control by establishing a recycling system for materials such as titanium and high-temperature alloys, which aids in reducing costs for aviation equipment [2] Group 5: Future Investment Plans - Looking ahead to the 15th Five-Year Plan, major project investments are expected to drive the company's growth, including plans to invest in a second phase of the technology research institute and precision processing production lines for commercial aviation components in Guiyang [2] - The company aims to enhance regional industrial chain resilience and competitiveness through a "supplier cultivation database" that combines technical support with order traction [2]