Group 1: Company Overview - AVIC Xi'an Aircraft Industry Group Co., Ltd. (AVIC Xifei) was established on June 18, 1997, and listed on the Shenzhen Stock Exchange on June 26, 1997, becoming the first listed company in China's aviation manufacturing industry [2][3] - The company primarily engages in the research, production, maintenance, and service of large and medium-sized aircraft and aviation components, collaborating with major international and domestic aviation companies like Airbus and Boeing [2][3] Group 2: Technological Development - The company emphasizes systematic development and actively expands into new technology fields, enhancing its product range and production delivery capabilities [3] - AVIC Xifei is committed to advancing information technology, digitalization, and intelligent manufacturing in the aviation industry, with a focus on upgrading production lines through new technologies [3] - The company has integrated artificial intelligence into its manufacturing processes, with notable achievements recognized by the Ministry of Industry and Information Technology [3] Group 3: Future Growth Prospects - Over the next five years, the company aims to focus on aircraft development, production, maintenance, and services, enhancing technological innovation and expanding subcontracting operations [4] - The company plans to improve its aviation maintenance service capabilities, offering integrated services that include maintenance, modification, and supply chain management [4] Group 4: Military Industry Opportunities - Recent conflicts, such as those between Pakistan and India, have highlighted the performance of China's aviation equipment, increasing the demand for modernization in national defense [5] - As a core enterprise in aviation equipment manufacturing, AVIC Xifei is positioned to respond to customer needs and enhance the reliability and applicability of its products, contributing to the development of China's military capabilities [5] Group 5: Innovation and Research - The company is advancing the "Large Aircraft Innovation Base" initiative, establishing high-level innovation platforms to support major project applications in aviation technology [5] - AVIC Xifei aims to create a collaborative innovation environment that fosters technological independence and contributes significantly to the advancement of aviation technology [5]

Group 1: Company Overview - AVIC Xi'an Aircraft Industry Group Co., Ltd. (hereinafter referred to as AVIC Xi'an or the Company) was established on June 18, 1997, and listed on the Shenzhen Stock Exchange on June 26, 1997, becoming the first listed company in China's aviation manufacturing industry [3] - The Company primarily engages in the research, production, maintenance, and service of large and medium-sized aircraft and aviation components, including key projects like C919, C909, and AG600 [3] - AVIC Xi'an has established long-term and stable partnerships with renowned aviation companies such as Airbus, Boeing, and COMAC [3] Group 2: Efficiency and Cost Control Measures - The Company is committed to improving product profitability and operational efficiency through systematic enhancements in product development and management [4] - Key cost reduction strategies include: - Design cost reduction by implementing sustainable low-cost design principles [4] - Technological cost reduction through increased investment in innovation and application of new materials and technologies [4] - Supply chain cost reduction via long-term agreements and centralized procurement [4] - Operational cost reduction through comprehensive budgeting and performance assessments [4] - Efficiency improvement by optimizing production cycles and asset utilization [4] Group 3: Impact of Share Transfer - The share transfer agreement between AVIC and AVIC Investment Holdings is expected to bring multiple positive impacts on the Company's development [4] - This transfer aims to optimize the shareholding structure, shorten decision-making chains, and enhance decision-making efficiency [4] - It reflects AVIC's strategic focus on the aviation industry and its confidence in the Company's long-term development potential [4] Group 4: Future Development Goals - The Company plans to leverage the optimized share structure to achieve high-quality development, focusing on core technology breakthroughs and supply chain enhancements [5] - AVIC Xi'an aims to deliver a significantly increased number of C919 aircraft components compared to 2024, although specific delivery numbers remain confidential due to commercial agreements [5][6] - As a primary supplier for the C919 aircraft, the Company is committed to high-quality and timely delivery to support the development of domestic large aircraft [6]