AVIC XAC(SZ:000768)2024-09-11 10:46Group 1: Company Overview - AVIC Xi'an Aircraft Industry Group Co., Ltd. (AVIC Xi'an) was established on June 18, 1997, and listed on the Shenzhen Stock Exchange on June 26, 1997, becoming the first publicly 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 projects like C919, ARJ21, and AG600 [3]. Group 2: Manufacturing Capabilities - AVIC Xi'an possesses a complete closed-loop manufacturing capability from raw material procurement to delivery, including advanced manufacturing capabilities for composite materials, sheet metal, and automation [4]. - The company is the sole manufacturer for 18 work packages of the C919 project, including the outer wing and mid-fuselage, and also provides wings and major components for ARJ21 and AG600 [4]. Group 3: Future Development and Strategy - The company aims to enhance its capabilities in market expansion, production speed, quality improvement, and smart manufacturing, particularly in collaboration with Airbus on the A320 series [3]. - AVIC Xi'an's future strategy focuses on becoming a core supplier in the civil aircraft industry, with an emphasis on wing and fuselage manufacturing, while also developing capabilities for vertical and horizontal tail and wing components [4]. Group 4: Talent Acquisition and Growth - The company implements a strict recruitment process based on principles of openness, fairness, competition, and selection of the best candidates, with a focus on attracting graduates from top universities [5]. - Future profit growth will be driven by military aviation, civil aviation, and aviation services, with a focus on customer needs and the series development of aviation equipment [5].