Breaking Down AECC Aviation Power Co.,Ltd Financial Health: Key Insights for Investors

Born in 1958 and now a cornerstone of China's aerospace ecosystem, AECC Aviation Power Co., Ltd. blends legacy and scale-employing roughly 30,743 people and reporting revenues of ¥47 billion in 2024-while pursuing a mission of innovation, quality and global collaboration backed by certifications like ISO 9001 and AS9100, a letter of intent to be the exclusive C919 powerplant supplier, and a commitment to reach net-zero emissions by 2050, all of which fuel its vision to become a leading global commercial aero-engine OEM focused on high-bypass turbofans, supply-chain excellence, and sustainable, high-performance propulsion solutions-read on to explore how these concrete figures and strategic priorities shape AECC's mission, vision and core values.

AECC Aviation Power Co.,Ltd (600893.SS) - Intro

• Founded: 1958
• Headquarters: Xi'an, China
• Employees: ~30,743 (2024)
• 2024 Revenue: ¥47.0 billion
• Parent: Aviation Industry Corporation of China (AVIC)

• Provide advanced, reliable aero-engines and gas turbines for military and civilian customers.
• Advance China's indigenous propulsion capabilities to reduce strategic dependence.
• Deliver lifecycle support and maintenance to maximize fleet availability and cost-effectiveness.

• Become a top-tier global aero-engine and gas turbine provider in selected niches by 2035.
• Establish world-class R&D platforms and scaled manufacturing to support long-term product families.
• Create a sustainable, innovation-driven enterprise with integrated digital manufacturing and predictive maintenance capabilities.

• Safety & Reliability - prioritize operational safety and product reliability across all stages of design, production, and support.
• Innovation - continuous R&D investment and iterative engineering improvements.
• Integrity - compliance with regulatory standards and transparent governance.
• Customer Centricity - tailored support and lifecycle services for both military and commercial operators.
• Collaboration - leveraging AVIC backing and strategic partners to scale capabilities.

• Technology Risk - long product development cycles mitigated by AVIC-backed funding and national strategic programs.
• Supply Chain Risk - critical materials and components concentrated domestically; mitigation via supplier diversification and localization programs.
• Export/Geopolitical Constraints - selective internationalization aligned with compliance and long-term partnerships.
• Cost Pressure - drive productivity through automation and design-for-manufacture initiatives.

• Government & AVIC - strategic alignment and funding support for major propulsion programs.
• Customers - military end-users and commercial airlines/operators receiving integrated lifecycle solutions.
• Investors - publicly listed (600893.SS) with disclosure on operational KPIs and financial performance; see more here: Exploring AECC Aviation Power Co.,Ltd Investor Profile: Who's Buying and Why?
• Employees & R&D Community - talent development, university collaborations, and internal innovation incentives.

AECC Aviation Power Co.,Ltd (600893.SS) - Overview

• Advance aerospace technology through continuous innovation, high-quality manufacturing and cross‑disciplinary collaboration to produce high‑performance aircraft engines and key components that ensure global aviation safety and reliability.
• Prioritize technology development and sustainable solutions to evolve into a world‑leading aerospace enterprise.
• Invest substantially in research, development and process improvement to remain at the technological forefront.
• Maintain the highest quality and safety standards, evidenced by international certifications (ISO 9001, AS9100) and systematic quality management across supply and production chains.
• Work with international aerospace organizations, universities and research institutes to accelerate capability development and commercialization of advanced propulsion technologies.
• Commit to a decarbonization pathway targeting net‑zero emissions by 2050, with interim reduction targets integrated into operations and product roadmaps.

• Be recognized globally as a leading supplier of efficient, reliable and sustainable aircraft propulsion systems and components.
• Lead in next‑generation propulsion innovation (low‑emissions turbofan variants, hybrid-electric demonstrators and advanced materials) by leveraging in‑house R&D and external partnerships.
• Scale global market presence through export growth, international certification acceptance and strategic alliances.

• Safety & Reliability - uncompromising emphasis on product safety and lifecycle integrity.
• Innovation - persistent investment in breakthrough technologies and process optimization.
• Quality - adherence to international standards and continual quality improvement.
• Sustainability - operational and product strategies aligned with climate goals and resource efficiency.
• Collaboration - open partnerships across industry, academia and global OEMs to accelerate development.
• Accountability - transparent governance, compliance and measurable performance targets.

• R&D represents a sustained ~10% of annual revenue, with focused programs in high‑bypass turbofan cores, high‑temperature materials, additive manufacturing and digital manufacturing platforms.
• Established joint labs and research chairs with leading universities to accelerate materials science, combustion optimization and emissions reduction technologies.
• Active participation in national and international research consortia to qualify technologies for civil and defense aviation markets.

• Maintains ISO 9001 and AS9100 certifications across core manufacturing sites to meet OEM and regulatory supply‑chain requirements.
• Implements end‑to‑end quality assurance with lifecycle traceability, non‑destructive testing, and in‑house certification teams to ensure component airworthiness.

• Public pledge to achieve net‑zero greenhouse gas emissions by 2050, with staged targets for energy efficiency, electrification of site processes and low‑carbon energy procurement.
• Product roadmap includes incremental CO2 intensity reductions through improved thermal efficiency, weight savings and support for hybrid/electric propulsion demonstrators.
• Targets to reduce Scope 1 and 2 emissions by specified percentages in near‑term plans, alongside supplier engagement to address Scope 3 emissions.

• Partnerships with leading universities and research institutions for pre‑competitive research and talent pipelines.
• Collaborations with international aerospace organizations to pursue common certification routes and market access.
• Focused strategy to expand aftermarket services and life‑cycle support as a stable revenue stream complementing OEM sales.

AECC Aviation Power Co.,Ltd (600893.SS) - Mission Statement

• Deliver reliable, fuel-efficient high bypass ratio turbofan engines for single-aisle and medium-widebody commercial aircraft.
• Achieve OEM-level competency across design, certification, production, aftermarket support, and global supply-chain integration.
• Support Chinese commercial aircraft programs (notably the C919) while expanding international market presence through partnerships and exports.

Vision Statement

• OEM-scale aero-engine development, certification, and type-support for commercial platforms.
• End-to-end supply chain resilience and localization with international compliance.
• Global customer service network delivering on-wing support, spare parts, and MRO capabilities.
• Integrated business resource planning to align production capacity, finance, and R&D.
• Operational footprint expansion into international markets while maintaining Chinese strategic programs.

AECC Aviation Power has signed a letter of intent on the C919 aircraft power plant with COMAC, becoming the exclusive supplier of C919 power plants in China, in accordance with international business practices. This strategic partnership anchors the company's role in domestic civil aviation industrialization and provides a launch platform for scaled serial production and aftermarket services.

Core Values

• Responsibility - prioritizing safety, regulatory compliance, and lifecycle reliability of engines and services.
• Inclusiveness - fostering collaboration across domestic and international partners, suppliers, and customers.
• Openness - transparent technical standards, certification pathways, and international cooperation.
• Collaboration - joint development with platform integrators (e.g., COMAC), suppliers, and overseas technical partners.

Key Operational and Financial Indicators (selected, latest reported / representative)

The focus on high bypass ratio turbofan engines aligns AECC Aviation Power with industry trends toward fuel efficiency, lower CO2 emissions, and reduced noise - central requirements for post-2020 single-aisle fleets. Strategic commitments, including the C919 LOI and investments in certification and MRO capacity, are intended to translate technological roadmaps into commercial scale and recurring aftermarket revenues.

Further corporate background and ownership context can be found here: AECC Aviation Power Co.,Ltd: History, Ownership, Mission, How It Works & Makes Money

AECC Aviation Power Co.,Ltd (600893.SS) - Vision Statement

• Target: top-tier market share in China's aero-engine components and growing export footprint to key global OEMs by 2030.
• R&D-driven product roadmaps focused on higher thermal efficiency, weight reduction, and life-cycle reliability.
• Operational excellence through Industry 4.0 adoption across major factories and supply-chain digitization.

Core Values

• Integrity - transparent governance, compliance with aviation standards, and clear reporting across operations and supply chains.
• Innovation - sustained investment in R&D to push propulsion performance and digital engineering methods.
• Collaboration - cross-functional teamwork, strategic partnerships with universities, research institutes and OEMs.
• Excellence - strict quality management systems (AS/EN equivalents) and high customer satisfaction & on-time delivery metrics.
• Sustainability - minimizing environmental footprint via fuel-efficiency improvements, waste reduction, and energy management.
• Responsibility & Inclusiveness - fostering a culture that balances commercial performance with safety, ethics and employee development.

How Core Values Translate into Action

• Integrity - strengthened internal controls, third-party audits, and public disclosure practices aligned with SSE listing requirements.
• Innovation - maintaining an R&D portfolio with more than 30 active projects in advanced materials, combustion optimization, and digital twins.
• Collaboration - formalized alliances with national aero institutes and international suppliers to accelerate tech transfer and co-development.
• Excellence - ISO/AS quality certifications, statistical process control on key lines, and continuous improvement programs reducing defects per million opportunities (DPMO).
• Sustainability - energy-efficiency projects reducing factory energy intensity, lifecycle assessments for major products, and pilot programs for recyclable material usage.

Key Strategic KPIs Aligned to Vision & Values

• Increase R&D intensity to 8% of revenue within five years to accelerate next-generation propulsion work.
• Grow international revenue share to 30% by expanding aftermarket services and strategic OEM partnerships.
• Reduce CO2-equivalent emissions per unit produced by 25% through energy upgrades and process optimization.
• Maintain customer on-time delivery above 93% and improve first-pass yield in assembly lines to >98%.

Further context on the company's history, ownership and broader strategic framework can be found here: AECC Aviation Power Co.,Ltd: History, Ownership, Mission, How It Works & Makes Money