【文章內容簡介】 eached 30754 with North China accounting for percent Figure 10 Hours flown by region of industrial activities and agricultural activities , 2020 Confidential Page 12 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Figure 11 Hours flown by province of agriculture and forestry related activities, 2020 Figure 12 Hours flown by province of industrial activities ,2020 GA industry developed well in Guangdong, Xinjiang and Heilongjiang province and main GA activities are onsea petroleum service, onland petroleum service and agriculture and forestry related operations respectively Confidential Page 13 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Introduction of GA enterprises in China Number of enterprises In 2020, CAAC lowered the approval rights for the set up of general aviation enterprises to local administration department of civil aviation, which created a warm environment for the development of general aviation industry in China. By the Sep., 2020, general aviation enterprises amounted to 44, including 9 enterprises invested by airlines State Physical Cultural Administration, 2 invested by aviation schools of State Physical Cultural Administration, 6 invested by aviation bureau and other invested by local investors. Other 11 enterprises were approved and preparing for setup. Figure 13 Num. Of GA Enterprises in China Figure 14 Supervision Bureau and Number of GA Enterprises Registered capital According to our investigation on 39 main GA enterprises in China, there are only 4 enterprises with registered capital over RMB 100 million yuan, 31 enterprises with Confidential Page 14 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 registered capital between RMB 10 million yuan and RMB 100 million yuan and 5 enterprises with registered capital below RMB 10 million yuan. GA enterprises with registered capital between RMB 20 million yuan and RMB 30 million yuan make up large proportion of all enterprises. There is only one GA public enterprise, CITIC Offshore Helicopter Co.,Ltd. listed in Shenzheng Security Exchanger. Confidential Page 15 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Table 5 Registered Capital of Main GA Enterprises in China Confidential Page 16 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Fleet by GA enterprises in China(2020) According to statistics of CAAC, the top 5 GA enterprises by fleet size are China FlyingDragon Special Auiation Corp(36 aircraft), Xingjiang General Aviation Company(32 aircraft), Longken General Aviation Corporation(29 aircraft), CITIC Offshore Helicopter Co.,Ltd (27 aircraft), AnYang General Aviation Company (16 aircraft). Fleet size are less than 10 for most GA enterprises in China. See report Fleet by GA enterprises in China,2020 for details. Business scope of GA enterprises Business scope of GA enterprises in China mainly includes industrial, agricultural, forestry, fishery, medical, rescue and emergency, mining, construction, scientific experimentation, remote sensing survey, education, sports, recreation and sightseeing. Only a small number of enterprises can engage on Class A activities. For 39 enterprises listed below, only 7 enterprises can engage in Class A activities with others all limited to Class B and C activities. Of these GA enterprises, 16 enterprises specialize in agriculture and forestry related activities, 6 enterprises specialize in helicopter services,12 enterprises have flight training qualification and 2 enterprises provide business flight services. Confidential Page 17 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Table 6 Business scope of GA enterprises in China Confidential Page 18 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Confidential Page 19 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Confidential Page 20 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Confidential Page 21 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Confidential Page 22 of 44 August, 2020 TEL： 01085803205 FAX： 01085803874 Email: ADD： D2105 Xian Dai Cheng 88 JianGuo Road Chao Yang District, Beijing P. R. China. 100022 Economic benefits of China’s general aviation industry Generally speaking, China’s GA industry is now undergoing its hard times. Despite the fact that CAAC has once issued the order to promote the development of GA industry, very few panies among the newly emerged, less than a dozen joint stock general aviation panies are operating with a better balance of ine and expenditure. The majority of these panies are struggling for survival. In China, general