China Avionics Systems Co Ltd
SSE:600372
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China Avionics Systems Co Ltd's latest stock split occurred on Aug 13, 2013
The company executed a 93773-for-72133 stock split, meaning that for every 72133 shares held, investors received 93773 new shares.
Before the split, China Avionics Systems Co Ltd traded at 23.11 per share. Afterward, the share price was about 17.2722.
The adjusted shares began trading on Aug 13, 2013. This was China Avionics Systems Co Ltd's 2nd stock split, following the previous one in Apr 19, 2012.
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China Avionics Systems Co Ltd
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China Avionics Systems Co Ltd, a key player in the field of aviation technology, is deeply embedded within China’s complex aerospace industry. The company operates as a core subsidiary under the mammoth Aviation Industry Corporation of China (AVIC), a state-owned conglomerate with vast interests across aerospace, defense, and other technology-driven sectors. At its core, China Avionics Systems is focused on the development, production, and integration of avionic systems—critical components that ensure the efficient operation, communication, navigation, and control of both military and civilian aircraft. Its offerings include a wide range of advanced products such as flight control systems, avionics displays, and comprehensive navigation frameworks, ensuring that any aircraft equipped with its technology can perform optimally in even the most demanding conditions. In terms of revenue generation, China Avionics Systems draws its financial strength from a blend of government contracts and commercial deals, primarily within China but increasingly targeting global markets. These contracts are often substantial, given the intricate nature and high stakes of the aviation industry. Moreover, the company also invests heavily in research and development, often collaborating with renowned universities and research institutions to remain at the cutting edge of aviation technology. This commitment to innovation not only strengthens its existing product offerings but also fuels its ambitions to expand into emerging fields such as unmanned aerial vehicles and advanced electronic warfare systems. By maintaining a strategic balance between reliable government contracts and innovative commercial solutions, China Avionics Systems Co Ltd continues to solidify its reputation as a pillar of China's aviation prowess.
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