The story
China National Aero-Technology Import & Export Corporation (CATIC, Chinese: 中国航空技术进出口公司), was originally established in 1979, as a state-owned company owned by the Third Ministry of Machine Building of the People's Republic of China. In 1989, it was renamed in Chinese (CATIC, Chinese: 中国航空技术进出口总公司), as a state-owned company owned by the Ministry of Aerospace Industry of the People's Republic of China. In 1993, the Ministry of Aerospace Industry of the People's Republic of China was dissolved. The Aviation Industry Corporation of China (AVIC, Chinese: 中国航空工业总公司) was established and CATIC was reorganized into CATIC Group (CATIC Group, Chinese: 中航技企业集团) in the same year. In 1999, The Aviation Industry Corporation of China (AVIC, Chinese: 中国航空工业总公司) was divided into AVIC I and AVIC II and CATIC Group became a joint venture company owned by the two groups. In 2008, AVIC I and AVIC II were integrated into the Aviation Industry Corporation of China (AVIC, Chinese: 中国航空工业集团公司) and CATIC Group became its wholly owned subsidiary. In 2009, CATIC Group was reorganized into two different corporations, i.e. AVIC International Holding Corporation (AVIC INTL, Chinese: 中国航空技术国际控股有限公司) and China National Aero-Technology Import & Export Corporation (CATIC, Chinese: 中航技进出口有限责任公司), both under AVIC.
From Wikipedia’s article on China National Aero-Technology Import & Export Corporation, shared under CC BY-SA 4.0.3
