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AVIC Heavy Machinery Co Ltd

AVIC Heavy Machinery Co., Ltd. is a Chinese company engaged in forging, casting, and hydraulic environmental control businesses. It produces a wide range of forgings, including aircraft structural parts, engine and gas turbine discs, missile and rocket engine forgings, and other civilian forgings. The company also develops and produces aerospace castings, alloy castings, and high-pressure piston pumps, as well as aviation environmental control accessories and civil heat exchangers. Its products serve industries such as aviation, aerospace, ships, weapons, electric power, petrochemical, railway, automobile, mining, and construction machinery, and are exported to Europe, the Americas, Oceania, and the Asia-Pacific. Incorporated in 1996, it is headquartered in Guiyang, China.

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AVIC Heavy Machinery's 2026 interim net profit was 444 million yuan, down 9.85% year-on-year

AVIC Heavy Machinery released its 2026 interim report. Total operating revenue was 5.167 billion yuan, down 10.14% year-on-year. Net profit attributable to the parent company was 444 million yuan, down 9.85% year-on-year. Net cash inflow from operating activities was 440 million yuan, an increase of 1.112 billion yuan year-on-year. The company's asset-liability ratio was 45.52%, gross margin was 24.75%, ROE was 3.01%, and diluted earnings per share was 0.29 yuan. The number of shareholders was 100,000, and the top ten shareholders held 42.37% of the total share capital.
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AVIC Heavy Machinery's first-half net profit falls 9.85% year on year

AVIC Heavy Machinery released its 2026 semi-annual report. In the first half, it achieved operating revenue of 5.167 billion yuan, down 10.14% year on year; net profit attributable to the parent was 444 million yuan, down 9.85% year on year.
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Energy Transition & Power Demand

AVIC Heavy Machinery Achieves Breakthrough in Integrated Forming Technology for Gas Turbine Core Components

AVIC Heavy Machinery has achieved a key process leap in the manufacturing of gas turbine core components after eight years of technological effort. Its subsidiary, Anji Precision Casting, independently developed ultra-large gas turbine casing precision castings, mastering the entire process of investment precision casting integrated forming. This breaks the traditional manufacturing path where large complex casings have long relied on segmented welding. Integrated precision casting in a single step eliminates multiple processing and assembly procedures, boosting production efficiency by about 30 percent and significantly optimizing manufacturing costs. Over the past two years, cumulative deliveries of this casing product have exceeded 100 million yuan, successfully supporting multiple mainstream engine models. Industry insiders note that the upgrade of energy infrastructure driven by AI computing power is opening long-term growth space for the gas turbine industry. AVIC Heavy Machinery's shift from single-part supply to systematic solutions positions it to seize a first-mover advantage in the new energy equipment sector.
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AVIC Heavy Machinery Co-hosts High-End Equipment Precision Forming Innovation Conference, Showcasing Aviation Forging and Casting Digital-Intelligent Collaboration Achievements

AVIC Heavy Machinery participated deeply as a co-host in the 2026 Fifth High-End Equipment Precision Forming Manufacturing Technology Collaborative Innovation Conference held in Harbin. Ran Xing, Party Secretary and Chairman of the company, delivered a keynote report systematically elaborating on the development trends of intelligent manufacturing in aviation forging and casting, and showcased advanced achievements such as the recycling and regeneration of titanium alloy revert materials and the composite forming process of powder blank preparation plus forging. AVIC Heavy Machinery has established a 1+N technological innovation collaboration system, launched China's first digital-intelligent ring rolling production line and the largest investment casting production line for precision castings, and is building three major industrial large models for business management, design and R&D, and intelligent manufacturing. The company stated it will continue to deepen the construction of Digital Heavy Machinery, accelerate the integration of technologies such as AI and digital twins, and build a world-class specialized enterprise in aviation general basic structure manufacturing.
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