Wuhan Industrial Holdings Group

Wuhan Industrial Holdings Group Co., Ltd., formerly known as Wuhan Industrial State-owned Holdings Group Co., Ltd., was established in May 2003. It is a wholly state-owned enterprise funded by the Wuhan Municipal State-owned Assets Supervision and Administration Commission upon approval by the CPC Wuhan Municipal Committee and the Wuhan Municipal People's Government. In early 2013, Wuhan Heavy Industry Group Co., Ltd. was wholly merged into Wuhan Industrial State-owned Holdings Group Co., Ltd. In July of the same year, it was renamed Wuhan Industrial Holdings Group Co., Ltd. Wuhan Industrial Holdings Group concentrates nearly 90% of Wuhan's municipal state-owned industrial enterprises, and is an enterprise group bearing the title of "Industry" among municipal state-owned funded enterprises. By the end of 2019, the Group's total assets reached 21.2 billion yuan, with net assets of 6.39 billion yuan. From 2015 to 2018, the Group's operating revenue and total profit maintained double-digit growth annually, and it was rated as a Class A enterprise for four consecutive years in the annual performance assessment by the Municipal State-owned Assets Supervision and Administration Commission. At present, Wuhan Industrial Holdings Group has three business platforms and seven manufacturing enterprises under its jurisdiction. Through its efforts, it aims to have 2-3 listed enterprises under the "Wu" brand, becoming a modern large-scale holding enterprise group with clear rights and responsibilities, scientific management, prominent main business, strong core competitiveness, good economic benefits, and high social recognition, to recreate the glory of Wuhan's state-owned enterprises!