A source with China Aviation Industry Corporation I (AVIC I)
told the Shanghai Securities News that the state-owned
Assets Supervision and Administration Commission of the State
Council (SASAC), on behalf of the government, would be the largest
shareholder of soon-to-be-launched large passenger aircraft
company. China National Aviation Holding Company and AVIC I will
hold the same amount of stakes in the upcoming company and their
combined stakes will be the second largest. Some local governments,
including Shanghai Municipal Government, plan to invest 5 billion
yuan in the company.
In addition, the aircraft company's shareholder list may include
Baosteel Group Co. and Chialoc, two metal giants that hope to
become lucrative raw material suppliers for the company.
For more details, please read the full story in Chinese. (
http://www.stockinfo.com.cn/paper%5Fnew/html/2008-01/28/content_60666051.htm)
(China.org.cn January 28, 2008)
