China Hengtian Group Co., Ltd. is a large-scale wholly state-owned holding company under the supervision and administration by the State-Owned Assets Supervision and Administration Commission of the State Council. With textile machinery, textiles, garments and trade as its main line, its business activities mainly include R&D, manufacturing and sales of textile machinery, provide the customers with the complete solving program of textile engineering; designing, manufacturing and trade of textiles and garments; import & export of textiles, garments and textile raw materials. Meanwhile, it implements a diversified development strategy with real estate and securities trading as tactically-driven business.
At present, China Hengtian Group Co., Ltd. has 10 subsidiaries directly affiliated to it, and 88 third-class exclusively-invested enterprises and holding enterprises. Among them, Jinwei Textile Machinery Co., Ltd. (000666) is listed in Hang Kong and domestic stock market, KAMA Co., Ltd (900953) is listed on SSE. They are located in more than twenty provinces in China, and about twenty countries or regions.
The Goal of China Hengtian Group Co., Ltd. is to develop the company into an internationally competitive textile industrial group with a rational property rights structure, a sound legal person governance structure, a scientific organizational structure, and effective mechanisms that provide incentives and restraints, a group characterized by a notable role played by the culture of enterprise, a group that has a strong capability for capital operation and a sharp competitive edge in the international market. |