AviChina Industry & Technology Company Limited (2357.HK)

3.310 -0.070 (-2.07%) As of 11:08AM HKT. Market open.

AviChina Industry & Technology Company Limited

Fairmont House
Unit 2202A, 22th Floor 8 Cotton Tree Drive
Central
Hong Kong

https://www.avichina.com

Sector(s): Industrials
Industry: Aerospace & Defense
Full-time employees: 74,584

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lingxi Yan	Executive Chairman	961.68k	N/A	1970
Mr. Jizhong Sun	GM & Executive Director	N/A	N/A	1968
Mr. Jingmin Wang	CFO & Chief Accountant	N/A	N/A	1973
Mr. Bin Xu	Board Secretary & Company Secretary	N/A	N/A	1977

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

AviChina Industry & Technology Company Limited engages in the development, manufacture, and sale of civil aviation and defense products in Hong Kong and internationally. It operates through three segments: Aviation Entire Aircraft Business, Aviation Ancillary System and Related Business, and Aviation Engineering Services Business. The company is involved in the manufacture of defense and civil aviation products, such as helicopters, trainer and general-purpose aircrafts, and regional jets; and aviation ancillary system products, including connectors, mechanical electronics, avionics products, and its accessories. It also offers component products, including optical and electrical interconnection components, cable assemblies, system interconnection devices, and fluid devices and equipment that are used in aviation, aerospace and other military fields, communications and data transmission, new energy vehicles, rail transportation, consumer electronics, industry, energy, medical, intelligent equipment, and other civilian manufacturing areas; and avionic system/equipment for military aircraft, such as avionic and flight control systems. In addition, the company provides aircraft power systems, which include power distribution, secondary power supply, generators and controllers, and circuit breakers; fire prevention systems; environmental control systems that comprise sensitive components and sensors; engine ignition systems and accessories; and other aviation related investment activities. Further, the company offers aviation engineering services, such as planning, design, consultation, construction, and operation services. AviChina Industry & Technology Company Limited was incorporated in 2003 and is based in Central, Hong Kong. AviChina Industry & Technology Company Limited is a subsidiary of Aviation Industry Corporation of China,Ltd.

Corporate governance

AviChina Industry & Technology Company Limited’s ISS governance QualityScore as of 29 April 2024 is 10. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.