COMPANY

Facing negative impact of Sino-US trade低街 friction financi他店al market fluctuations i離一n the first half o都做f 2018, AviChina has achieved 歌姐innumerable achievements in performance鄉電, market value managem聽理ent product services.

Record growth in both re到煙venue profit

Because of revenue growth gross profit外這 margin improvement, AviChina has reco師秒rded growth in bot你月h revenue profit for the first t短很ime since 2016. For the six months e器得nded 30 June 20快兵18, AviChina recorded a rev地和enue of RMB14,4船員50 million, representing an increase o到行f 3.58% compared with th老民at of RMB13,950 million in the cor廠鄉responding period of 2017, the profit 音們attributable to equ國樹ity holders was RMB 598 million, rep行話resenting an increase of 8.33% compared音呢 with that of RMB 552 雨動million in the corresponding per是光iod of 2017.

Diversify income sources under 現校new strategy

AviChina optimized動熱 the strategy determined to be筆有come the most valuable list新站ed company of AVIC, a flagship tha是體t focuses on integrati師對ng aviation science technology into 劇就civil products services from thr制長ee aspects: business development, o科靜verseas M&A, equity operation.

Become the first listed家我 central SOE realizing full-circu對鐵lation of H shares

AviChina became the first listed 地商central SOE realizing f是花ull-circulation of H shares in the fi長鄉rst half of 2018, all the 3,609 mi知話llion domestic shares have been convert服綠ed into H shares. The 秒村full-circulation makes中木 AviChina its share信睡holders closer and attract more attention from intern飛金ational investors, promot我器ing value enhancement南事. In addition, AVIC, the pare區報nt company, has promised no拿錯t to reduce its holdings after fu近兒ll-circulation, bought海答 3.27 million H shares of AviCh做公ina on June 20th during 黑多the market downturn.

Promote principal bus男麗inesses development

AviChina, as one又離 of the main founder, will establish 務靜manage an AVIC military-civilian integr書分ation fund, which de可物dicates in investm術子ent in military-civilian 上鐵integration; concentrates on high-te得理ch business; initiates 雨飛an international M&A fund of AVI長們C, bought shares in AVIC Sheny畫務ang Aircraft, showing strong confide做花nce in AVIC core defense business.

Enhance brimage internat從自ional influence

British BrFinan電車ce released " Top 25 most valuabl會這e aerospace & defense brands 2街資018", AviChina ranked the 2人要0th, being the first the only Chinese c就物ompany on the list. AviChina attend拿公ed the Farnborough Airshow月時 again with products, promoti票和ng a number of co白海operation increasing日錢 international visibility.

Improve competitiveness of 生公core businesses

1、AviChina speeds up R&D of 劇制light helicopter現志 models to enhance high-tech innova笑輛tion capability.

2、AviChina continues to increase invest人科ment in R&D of Aero-Pa船要rts receives standout ach區相ievements. The charging products mad花他e by JONHON Optronic got int我老ernational award 答工for electric vehicl個關e charging connector; JONHON Optroni低也c equipped control system制也 for the first commercial ro靜綠cket “Chongqing Liangjiang S畫門tar”, reduced over half of秒子 the weight by 著頻applying innovation technology去紙.

3、AviChina vigorously expands marke木兵t for helicopters. The hel化聽icopter products of AviChina parti月票cipated in the 子嗎forest fire suppression in坐道 Inner Mongolia刀工 Greater Khingan Range complete體坐d the water comprehensive rescue r月河ehearsal in Poyang Lake. In a遠懂ddition, air tour proje亮師ct in Jiangxi Wuyuan scenic spot 一遠passed the site veri畫慢fication test of Sh月船anghai regulatory aut關看hority of CAAC.

4、Aviation engineering servic美知e focuses on quality improve開們ment, maintains indus月南try leadership. AVIC Planning awarded唱去 “Annual Best Contri低看bution Award for Airport 頻妹Construction Des通的ign” won the bidding for c我討onstructing the Xai-Xai兒費 airport in Mozambique, a significan商美t breakthrough in implem話劇entation of the natio月輛nal “Belt Road” initiative the infr哥城astructure construction for the aeri農知al silk road.

AviChina has achieved o國影verall improvement in performance, mar線他ket value, brinfluence product serv水雨ice in the firs信可t half year of 2聽海018, performing bet高畫ter than market , HSI Sha會廠nghai-Shenzhen Aerospace Nat我哥ional Defense Segment in unfavorable en哥照vironment, recommended strongl金樂y by domestic foreig放多n financial institutions, especially從媽 domestic brokers.