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AVIC International Holding Corporation

China National Aero-Technology Import and Export Corporation (CATIC), the predecessor of AVIC International Holding Corporation (AVIC INTERNATIONAL) was established in January, 1979 at the beginning of Reform & Opening policy performance.

In 2008, China National Aero-Technology Import & Export Corporation was restructured and renamed as AVIC INTERNATIONAL. The military arms trade business was separated out from its business scope and a new identity, which still kept the name of China National Aero-Technology Import & Export Corporation (CATIC) was formed to continue this business. The shares of the new CATIC are held jointly by AVIC and AVIC INTERNATIONAL,50% for each respectively. In 2009, AVIC INTERNATIONAL further carried out capital reorganization, and as a result, China Aviation Industry Supply and Marketing Corporation and Beijing RAISE SCIENCE Limited were merged into AVIC INTERNATIONAL. At the same time, AVIC INTERNATIONAL successfully invited and introduced three strategic investors - Aviation Industry Corporation of China, Bank of China Group Investment Limited and National Council for Social Security Fund also as the holding shareholders of AVIC INTERNATIONAL.

At present, AVIC INTERNATIONAL has set up wholly-owned or holding subsidiaries in all major cities of China and more than 60 overseas branches in over 30 countries and regions. It owns 7 listed companies. The company has 50,000 employees and its clients spread in over 180 countries and regions. Its total asset value exceeds 100 billion RMB and its accumulated import and export trade volume has exceeded 50 billion US Dollars.

As an important part of AVIC, AVIC INTERNATIONAL serves as the main channel, the main window and the leading force in the import and export of civil aviation products in China. Relying on its three major platforms of information, investment and financing, and international business expansion, AVIC INTERNATIONAL actively establishes and develops six major business scopes: international aviation, trade and logistics, high-end consumer goods and retailing, real estate and hotels, high-tech electronics and, resource investment and development. Among them, the international aviation business includes export of aviation products, international collaboration, global procurement, subcontracting, general aviation, tendering and bidding service; the trade and logistics business includes complete set of equipment and projects, large quantity staples, governmental projects and logistic service; the high-end consumer goods and retailing business includes Tianhong Department Stores and retailing, Fiyta wrist watch, Spark audio and Kunlun jade; the real estate & hotels business includes real estate development in domestic and overseas market, international contracting, and hotel & property management; the high tech electronics business includes manufacture of Tian Ma TFT, Shen Nan PCB, Microwave components and fasteners; the resource investment and development business includes relevant exploitation and investment of resources such as potassium, phosphorus, metal mines and timber farming.

Over one thousand aircraft have been exported between 1980 and 2010, generating billions of profits and tax contribution for the State. This reflects the splendid path of the high-tech industry of China’s aviation industry from introduction to independent R&D, and to internationalization, and highlights the glory and contribution of the predecessors and the devotion and pride of the successors of AVIC INTERNATIONAL.

Under the guidance of the will of development Building up a Multinational Corporation with International Competitiveness, AVIC INTERNATIONAL has always been taking as its goal to safeguard the national interests, perform social responsibilities, materialize its development strategy and has always been taking as its target to thoroughly understand the market and pay special attention to its customers. It has always been making its utmost efforts to create excellent enterprise culture, delicate management, professional service, hand-in-hand cooperation and brilliant achievements. It is always dedicated to provide the shareholders, the society and the customers with high-quality products and value-added service.