COMAC, China’s sole domestic manufacturer of large commercial aircraft, has recently secured a substantial capital injection of 44 billion yuan. This influx of funds has nearly doubled its registered capital, which now stands at 94 billion yuan, up from the previous 50.1 billion yuan. The capital increase received strong backing from eight of its nine shareholders. Notably, the State-owned Assets Supervision and Administration Commission (SASAC) emerged as the largest contributor, injecting 25 billion yuan and thereby increasing its stake in the company from 49.8% to 53.08%.
