XAEC meaning in Business ?

Answer: What is Xi'an Aero-Engine Corporation mean?

Xi'an Aero-Engine Corporation (XAEC, Chinese: 西安航空发动机集团有限公司) is one of the major aircraft engine designers and manufacturers in China, originally established in 2001. It along with its parent company (via the Xihang Group), Xi'an Aircraft Industrial Corporation, is affiliated with the Aviation Industry Corporation of China (AVIC). XAEC is primarily located in the province of Shaanxi.

The company with 96,000 employees, is focused on designing, manufacturing and testing of aircraft engines. The Huarong Asset Management Corporation is/was also an equity partner in XAEC through the Xihang Group.

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