Chongqing Electromechanical Holding (Group) Company

Chongqing Electromechanical Holding (Group) Company is a state-owned holding group company established in August 2000 by the Chongqing Municipal Government after abolishing the former Machinery Industry Administration Bureau, Electronics Industry Administration Bureau, and Metallurgical Industry Administration Bureau. It is an investment institution authorized by the Chongqing Municipal State-owned Assets Supervision and Administration Commission to operate state-owned assets. In 2004, Chongqing Heavy Vehicle Group Co., Ltd. was fully merged into the Electromechanical Group. The Group currently has 45 secondary enterprises, controls one H-share listed company, and holds shares in one A-share listed company. The main business of the Electromechanical Group covers multiple fields including automobiles and auto parts, electrical equipment, general environmental protection, machine tools, electronic information, non-ferrous metal smelting, rail transit, and helicopters. In 2011, the Group's total assets reached 32.5 billion yuan, achieving operating revenue of 40.1 billion yuan, total profit of 1.8 billion yuan, and new product output value of 20.5 billion yuan. The Electromechanical Group has been ranked among China's Top 500 Enterprises for many consecutive years. In 2011, it ranked 311th in China's Top 500 Enterprises and 164th in China's Top 500 Manufacturing Enterprises. It has also won honors such as "China Excellent Credit Enterprise", Chongqing "Best Credit Enterprise", "Chongqing Civilized Unit", and Chongqing's first "Most Influential Famous Brand Enterprise". In 2008, "Chongqing Electromechanical Co., Ltd.", in which the Electromechanical Group invested and held a controlling stake, was successfully listed in Hong Kong, becoming the first state-owned enterprise group in Chongqing to enter the international capital market in the 10 years since Chongqing became a municipality directly under the Central Government. In 2009, it won the title of Hong Kong's "Top Ten Most Enterprising Listed Companies". In 2010, the Electromechanical Group implemented the "going global" strategy and successfully acquired all equity of 6 companies under the British Precision Technology Group. The Group currently has 1 national enterprise technology center and 24 municipal-level enterprise technology centers; 1 China Top Brand product and 41 Chongqing Famous Brand products; 3 China Well-known Trademarks; and 6 enterprises among Chongqing's Top 50 Industrial Enterprises. The Group produces a series of products including Cummins high-power engines, ABB large high-voltage transformers and other power transmission and transformation equipment, large refrigeration equipment, hydroelectric power generation equipment, nuclear power plant equipment, CNC machine tools, heavy commercial vehicles, automobile transmissions, high-precision electronic equipment, communication equipment, natural gas filling stations and complete wastewater treatment equipment, non-ferrous metal smelting and wires and cables, etc., with excellent quality and well-known at home and abroad. At present, the Electromechanical Group is implementing the "321" development strategy in accordance with the "Twelfth Five-Year" development strategic plan. That is: completing three major constructions, achieving two goals and one vision. "Three major constructions": build into a highland of equipment manufacturing in western China; build into a hundred-billion-level industrial group; build into an enterprise group with international competitiveness. "Two goals": strive to achieve operating revenue of 50 billion yuan in 2012; strive to achieve operating revenue of 100 billion yuan in 2015. "One vision": realize the corporate vision of "Equipping China, Going Global".


Chongqing Electromechanical Investment Management Co., Ltd. (in preparation) is an investment management company established by Chongqing Electromechanical Holding (Group) Company (hereinafter referred to as the Electromechanical Group) through integrating various financial assets under its umbrella, with a registered capital of 50 million yuan. The parent company, the Electromechanical Group, is a key state-owned enterprise in Chongqing, and has consecutively