SICHUAN AIRLINES GROUP CO., LTD PROFILE
Sichuan Airlines Group Co., Ltd. located in Chengdu Shuangliu International Airport is a key enterprise
mainly investing and operating in air transport industry in Sichuan Province, which also involves in aviation
maintenance, aviation food, aviation and cultural education and training, aviation and tourism, real estate
and other related businesses. The company’s registered capital was RMB 169 million yuan.
The predecessor to Sichuan Airlines Group is Sichuan Province Airlines, which was the provincial
state-owned large enterprise, established and invested RMB 32 million by the Sichuan Government in
September 19,1986. It official operations began on July 14,1988. And it was renamed Sichuan Airlines by
the agreement of the Civil Aviation Administration of China on November 19, 1993. In August 28, 2002,
Sichuan Airlines reformed the shares system on the basis of her aviation operational net capital and jointly
launched Sichuan Airlines Co.,Ltd with China Southern Airlines Co.,Ltd, Shanghai Airlines Co.,Ltd, Shandong
Airlines Co.,Ltd, and Chengdu Gingko Restaurant Ltd. Meanwhile other operational capital of Sichuan
Airlines remained in 'Sichuan Airlines' whose shares system was being held for further operations. It was
renamed as the 'Sichuan Airlines Group'. Sichuan Airlines Group holds 40% shares of Sichuan Airlines Co.,Ltd
and is the largest shareholder. Sichuan Airlines Group completed the corporate restructuring and officially
renamed Sichuan Airlines Group Co.,Ltd. on December 20, 2010, according to establishing a modern
enterprise system and improving the corporate governance structure of the Sichuan Provincial SASAC.
After the reform, Sichuan Airlines Group Co., Ltd. changed to be a wholly owned subsidiary of Sichuan
Development (holding) Co., Ltd.
By the pull of the air transportation industry, Sichuan Airlines actively adjusts the industrial structure and
constructs an aviation industry investment group including aviation, real estate and finance. Sichuan Airlines
Group’s scope of asset will realize to exceed 100 billion yuan under our efforts by the end of the year 2020.
