AVIC Helicopter said to be looking to sell stake to comply with investment reforms

摘要

AVIC Helicopter Co, a listed subsidiary of the state-owned Aviation Industry Corporation of China (AVIC), is looking to sell a stake of its business to strategic investors, it has been reported in China. AVIC has not commented on the reports but, citing AVIC officials, local news agencies said the move reflects the corporation's efforts to comply with the government's 'mixed ownership' directive to promote private-sector involvement in strategic sectors.