# Avicopter to acquire Changhe Aircraft and Harbin Aircraft

Avicopter (Zhongzhi Co., Ltd.) announced it will acquire 100% of Changhe Aircraft Industry Group and Harbin Aircraft Industry Group from AVIC and AVIC Aerospace, via share issuance. The deal aims to consolidate helicopter R&D and production under A-share listing.

- Type: Acquisition
- Announced: 2023-01-09
- Where: China
- Status: announced
- Products: helicopters
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [AVIC Group](https://endata.com/companies/13184.md) (partner)
- [Avicopter](https://endata.com/companies/38860.md) (acquirer)
- [AVIC Aerospace](https://endata.com/companies/67731.md) (partner)
- [Changhe Aircraft Industry Group](https://endata.com/companies/67732.md) (target)
- [Harbin Aircraft Industry Group](https://endata.com/companies/67733.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/859341.html), 2023-01-09: "交易完成后，上市公司业务完整性将得到增强，上市公司业务规模将有所提高，有利于直升机业务的资源整合和提升管理效率"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.