China Highway Vehicle & Machinery Co., Ltd.

China Highway Vehicle & Machinery Co., Ltd., founded in 1986, was originally a first-level enterprise directly under the Ministry of Transport and is now a wholly-owned subsidiary of China Communications Construction Company Limited, a Fortune Global 500 company. It is the chairman unit of the Bus Branch of the China Highway and Transportation Society, the director unit of the Bus Sub-Technical Committee of the National Technical Committee of Auto Standardization, the executive vice-chairman unit of the China Automobile Maintenance Industry Association, and the vice-chairman unit of the Logistics Hub Branch of the China Communications and Transportation Association. The company has been deeply engaged in the vehicle and machinery field for nearly 40 years, building a full-chain comprehensive operation and service system integrating R&D, production, sales, and service. Anchored in the development direction of "high-end, green, intelligent, and digital," it focuses on building four core business segments: intelligent manufacturing, smart operations, overseas business, and electromechanical equipment. Its business covers a full range of scenarios including scientific research and design, core auto parts, commercial vehicle complete vehicles, electromechanical equipment, vehicle leasing, Internet of Vehicles services, microgrids and new energy complete carrier equipment, aftermarket development services, domestic and international trade, industry-finance integration, technical consulting, and information services. At present, the company is anchored to the Group's dual brands of "CCCC Electromechanical" and "CCCC New Energy," opening up incremental industrial space driven by new energy integration. It focuses on distinctive businesses such as optical storage and charging microgrids, customized modification of new energy vehicles, export and capacity operation of new energy heavy trucks, creating a new high-quality development pattern of deep integration of traditional main business and new energy industry, and providing CCCC Vehicle solutions for building a transportation powerhouse.