en.Wedoany.com Reported - AECC Gas Turbine Co., Ltd., a subsidiary of Aero Engine Corporation of China (AECC), recently pre-disclosed its proposed capital increase information at the Beijing Equity Exchange. The raised funds will be used for the company's daily operations and to promote the marketization and industrialization of its gas turbine business. The company was established on April 25, 2019, with a registered capital of approximately 1.661 billion yuan and is headquartered in Shenyang, Liaoning Province.
AECC Gas Turbine Co., Ltd. is a specialized industrial entity engaged in the independent R&D and manufacturing of gas turbines in China. Its core business focuses on the full value chain operation of gas turbines, primarily involving the R&D, manufacturing, assembly, testing, sales, and maintenance support of the "Taihang" series of light and heavy gas turbines. These products are applied in scenarios such as power generation, marine engineering, and distributed energy. Leveraging its accumulated expertise in aero-engine technology, the company has developed a gas turbine technology roadmap with fully independent intellectual property rights, establishing a product matrix of "three light and one heavy" models covering a power range from 7 MW to 110 MW. Its core products have achieved commercial operation and breakthroughs in overseas markets, making the company one of the few entities in China with the independent R&D and manufacturing capability for heavy gas turbines.
Gas turbines are a key area supported by the national "Two Engines Special Project" (National Science and Technology Major Project for Aero Engines and Gas Turbines), serving as core equipment for the localization of energy equipment and ensuring energy security. They also align with the development trends of clean energy and distributed energy under the "dual carbon" goals. The company's controlling shareholder is Aero Engine Corporation of China (AECC), which provides comprehensive industrial support in technology R&D, supply chain support, and brand channels. The proposed capital increase aims to attract investors including entities in the energy equipment industry, power energy groups, high-end equipment industry investment institutions, and local industrial investment platforms.
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