AVIC XAC(000768)2024-10-23 11:47Group 1: Company Overview - AVIC Xi'an Aircraft Industry Group Co., Ltd. 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 [1] - The company primarily engages in the research, production, maintenance, and service of large and medium-sized aircraft and aviation components, including the C919, ARJ21, and AG600 [1] Group 2: Core Competencies - The company has a long-term and stable partnership with major international and domestic aviation manufacturers, showcasing its capability in manufacturing large key components [2][3] - It possesses advanced research and manufacturing technologies for aviation products, focusing on digital design and manufacturing capabilities, and has numerous national invention and utility model patents [2] - The company has developed a comprehensive customer service system, providing support in spare parts, user training, and aircraft maintenance, which has earned it a strong reputation in the aviation industry [3] Group 3: Civil Aircraft Business - The company has a complete closed-loop manufacturing capability from raw material procurement to delivery, specializing in large and complex components, including wings and fuselage for various aircraft models [3][4] - It is the sole manufacturer for several key components of the C919, ARJ21, and AG600 projects, contributing significantly to the supply chain of China's civil aviation industry [3] Group 4: Future Growth and Expansion - The civil aircraft business is entering a rapid growth phase, focusing on wing and fuselage manufacturing while enhancing its core component supplier capabilities [4] - The C919 project is in a phase of rapid delivery growth, with the company planning to expand production capacity in line with customer demand to ensure high-quality and timely delivery [4]