China A -share listed company AVIC Electric Testing Instrument Co., Ltd. (hereinafter referred to as "AVIC Electric Test") issued an announcement on Wednesday (January 11) stating that the company is planning to issue shares to purchase assets. This timeThe target asset of the transaction was initially determined to be 100%equity of Chengdu Aircraft Industry (Group) Co., Ltd. (hereinafter referred to as "Chengfei Group").
According to the China News Agency, the above announcement shows that before the transaction, China Aviation Industry Group Co., Ltd. (hereinafter referred to as "Aviation Industry Group") held 100%of Chengfei Group as Chengfei GroupThe controlling shareholder and actual controller.Aviation Industry Group is also the actual controller of AVIC.The transaction method of this transaction is expected to purchase 100%equity of Chengfei Group held by Aviation Power Testing to Aviation Industry Group.
The announcement stated that due to the uncertainty of related matters, in order to protect the interests of investors and avoid significant impacts on the company's securities transactions, according to relevant regulations, AVIC's stock stocks opened on January 12, 2023.Starting trading from the city.
Public information shows that AVIC is a company that provides military -civilian dual -use intelligent measurement and control products and system solutions. The business covers four major sections of aviation military products, sensing control, intelligent transportation, and industrial software.The revenue was 1.943 billion yuan (RMB, the same below, about 383 million yuan), realized net profit of 307 million yuan, and the latest total market value of more than 6.2 billion yuan.
Chengfei Group is an important manufacturer of the development and production and export of China's aviation weapons and equipment.In terms of military aircraft, Chengfei Group has developed and produced a series of aircraft such as J-5, J-7, Nonglong, J-10, J-20 and other series of aircraft.The development and production of AG600 aircraft AG600 aircraft.
CITIC Securities believes that this time Chengfei Group intends to be injected into AVIC electricity testing. Since the 2017 Shenyang Aircraft Industry (Group) Co., Ltd. injected AVIC Black Panther, the Aviation Industry Group launched againCapital operation.Since 2021, the operation of asset securitization of China's military industry has become active, and the capital operation of aviation industry group has accelerated. At the same time, the equity incentives of related enterprises in the sector have also increased significantly.In May 2022, China officially issued the quality work plan for improving the listed company of central enterprises.Under the guidance of policy, central enterprises have entered the fast track of reform.
