China's first aviation industry fund established

As China's first aviation industry fund, China Aviation Industry Fund officially set up on the 6th and plans to raise 20 billion yuan.

The reporter learned from China Aviation Industry Corporation on the 6th that as China's first industrial investment fund to invest in the aviation industry and related applications, the China Aviation Industry Fund was jointly initiated by China Aviation Industry Corporation and China Construction Bank, and was established by AVIC. Tianjin Yufeng Equity Investment Management Co., Ltd., a management company formed by the respective subsidiaries of CCB, is responsible for management. The aviation industry fund is a company-based RMB equity investment fund. The scale of the first phase is not more than 5 billion yuan. The first phase of 1 billion yuan has been successfully raised and locked in investment target enterprises. The second phase is expected to be 1.5 billion to 2.5 billion. Yuan is in the process of raising funds, and the Tianjin Municipal Government has promised to invest 500 million yuan to 100 million yuan. The future vision of the aviation industry fund will reach 20 billion yuan. It is expected to become a large-scale and influential well-known industrial fund in China, and ultimately promote the industrial development of China's aviation industry and related fields.

According to reports, the establishment of the aviation industry fund has added a market-oriented direct financing channel for the development of the aviation industry. This combination of military and civilian integration with industry and finance can not only attract financial capital and private capital into the aviation industry, but also provide a convenient and efficient access to the capital market for the aviation industry, while participating in the integration and capital operation of aviation enterprises. Investors bring excellent performance returns.

As the carrier of China's aviation industry, after several decades of development, AVIC has formed a complete vertical integrated industrial chain, covering machinery, from basic raw materials to aircraft parts, from airborne equipment to engines, to complete assembly. High-tech categories such as automation, electronic information, chemicals, and heavy equipment. There are more than 200 enterprises and institutions of AVIC, and more than 20 of them are listed companies, which also provide a platform for the investment and withdrawal of funds.

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