AVIC Jonhon Optronic Technology (Jonhon; ) is a partially

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

publicly listed A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (li ...

electronics Electronics is a scientific and engineering discipline that studies and applies the principles of physics to design, create, and operate devices that manipulate electrons and other Electric charge, electrically charged particles. It is a subfield ...

company headquartered in

Luoyang Luoyang ( zh, s=洛阳, t=洛陽, p=Luòyáng) is a city located in the confluence area of the Luo River and the Yellow River in the west of Henan province, China. Governed as a prefecture-level city, it borders the provincial capital of Zheng ...

Henan Henan; alternatively Honan is a province in Central China. Henan is home to many heritage sites, including Yinxu, the ruins of the final capital of the Shang dynasty () and the Shaolin Temple. Four of the historical capitals of China, Lu ...

. It primarily engages in the development and sale of

electrical connector Components of an electrical circuit are electrically connected if an electric current can run between them through an electrical conductor. An electrical connector is an electromechanical device used to create an electrical connection between ...

optical devices An optical instrument is a device that processes light waves (or photons), either to enhance an image for viewing or to analyze and determine their characteristic properties. Common examples include periscopes, microscopes, telescopes, and cameras ...

, and cable components. The company is a subsidiary of AviChina Industry & Technology.

Background

In 1970 during the Third Front, the predecessor of Jonhon was established as an electronics factory in Yichuan County, Henan that produced aviation bolts for the Chinese military. After the

Chinese economic reform Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist marke ...

that opened up China in 1980, the country focused on the economy and the factory which relied on producing military products struggled. The factory spent years gathering capital mainly from loans to move to Luoyang City. In 1991, the factory moved to Luoyang and focused on producing electrical connectors, optical fiber connectors and other products for cvillian usage. In 1995 it passed the

ISO 9001 The ISO 9000 family is a set of international standards for quality management systems. It was developed in March 1987 by International Organization for Standardization. The goal of these standards is to help organizations ensure that they meet ...

standard. Afterwards the factory's business expanded rapidly. In 2002 with China Aviation Industry Corporation I as the initiator along with six other units, the factory was restructured to become a

joint-stock company A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareho ...

named China Aviation Optical-Electrical Technology. In 2007, the company held its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

becoming a listed company on the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

. It was the first company in China related to

national defense National security, or national defence (national defense in American English), is the security and defence of a sovereign state, including its citizens, economy, and institutions, which is regarded as a duty of government. Originally conceived ...

to become a publicly listed. In 2012, the company along with Hisense Broadband formed AVIC Hisense Photoelectric Technology (now known as Qingdao Xinghang Photoelectric Technology) to expand the fiber optic connector business. In 2013, it acquired 48.18% stake in Xian Forstar S&T (now AVIC Forstar S&T) which is currently listed on the

Beijing Stock Exchange The Beijing Stock Exchange (BSE; ) is a stock exchange based in Beijing, China. It is one of the three stock exchanges operating independently of each other in mainland China, the others being the Shanghai Stock Exchange and the Shenzhen Stock E ...

. In 2015, it established a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

named AVIC Optoelectronics Precision to produce precision connectors. On 6 July 2016, the company changed its name to AVIC Jonhon Optronic Technology Co., Ltd. On 4 June 2021, US president

Joe Biden Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party (United States), Democratic Party, he served as the 47th vice p ...

signed Executive Order 14032 that listed 59 Chinese companies that are to be banned from receiving U.S. investments. Jonhon was one of the companies on the list.

References

External links

* {{Authority control 1970 establishments in China 2007 initial public offerings Companies based in Luoyang Companies in the SZSE 100 Index Companies listed on the Shenzhen Stock Exchange Electronics companies established in 1970 Government-owned companies of China

Background

See also

References

External links