AVIC Composites Ltd. is a member of AVIC Group, which is affiliated with AVIC Technology Foundation Establishment. The company has been jointly funded by AVIC and Beijing Municipal Government. It has strategically integrated the superior power of Composite from AVIC Beijing Institute of Aeronautical Material as well as Beijing Aeronautical Manufacturing Technology Research Institute. It was founded in June 2010 with registered capital of RMB 794 millions. The company has National Defense Technology Key Lab for Advanced Composite Material and National Engineering Lab for Structural Carbon Fiber Composite with high-end facilities for scientific research, production and office. It is a specialized industrial-leading enterprise integrating the development, production, sale and services.