AVIC Aircraft to inject assets into arm for listing
By Liu Yiyu | China Daily | Updated: 2009-11-06 08:39
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A man looks up at a J-10 fighter jet outside the AVIC office complex in Beijing. Feng Li |
AVIC Aircraft Corporation Ltd, a major subsidiary of Aviation Industry Corporation of China (AVIC), said it will go public by injecting assets into AVIC's Shenzhen-listed arm, Xi'an Aircraft International Corp, as part of its plan to complete an overall listing by 2011 amid a restructuring of China's aviation industry.
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