The Chengdu Aircraft Industry Group (CAIG) or Chengdu Aerospace Corporation (CAC), a subsidiary of AVIC, is a Chinese aerospace conglomerate that designs and manufactures combat aircraft and is also a manufacturer of aircraft parts. It was founded in 1958 (as Chengdu State Aircraft Factory No.132 Aircraft Plant) in Chengdu, Sichuan province to be an aircraft supplier for the Chinese military. The Chengdu Aerospace Corporation designed and now produces the Chengdu J-10 light-weight multi-role fighter and Chengdu J-20 fifth-generation jet fighter, that are considered to be two of the most advanced weapons in China's inventory, as well as the CAC/PAC FC-1 Xiaolong (Chinese designation) (CAC/PAC JF-17 Thunder is the Pakistani designation) very light-weight multi-role fighter that is produced in cooperation with Pakistan. Chengdu Aerospace has been cited for its success in developing China's first fifth-generation aircraft and stealth fighter jet. Its development led China to become the second country in the world (first in Asia) to possess fifth-generation and stealth technology. History In April 1956 an agreement was signed by China with the Soviet Union which included assistance with China's aviation industry. This included the No. 132 fighter manufacturing plant construction project. Construction started on 18 October 1958 and was basically completed in October 1964. A total of 180 million yuan was invested, the plant covered 507.4 hectares and employed 10,485 people. The first J-5 fighter to be produced made a successful maiden flight in November 1964. The J-5 was then modified into a dual-seat model, the FT-5, whose maiden flight occurred in May 1966. The factory was also preparing to begin manufacture of the J-7. With the beginning of the Cultural Revolution in 1966 the plant was put under military control until 1972. With the end of the Cultural Revolution in 1976, the No. 132 factory began a new period of development and the facility's focus was slowly shifted to scientific research and production. The maiden flight of the J-7I occurred in March 1970 and in 1975 the J-7II was designed. It was decided that the J-7 required a comprehensive transformation of the plant. Until 1985 an 80,642 square meter workshop was built with new equipment and an annual production capacity of almost 200 J-7 fighters. In 1979 the No. 132 plant was introduced to the outside world as Chengdu Aircraft Company and began exporting military products as well as gradually providing products for civilian use, motorcycles for example. In