China Hi-Tech Group Corporation Profile

China Hi-Tech Group Corporation ("CHTC" or "the Group") is a State-owned, large-sized central enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). With more than 60,000 employees, CHTC has owned over 200 subsidiaries and branches around the world, as well as 18 subordinate companies. These companies are distributed in more than 20 provinces, cities, and autonomous regions at home, and also nearly 20 countries and regions at abroad. Among them, CHTC has 5 listed, namely Jingwei Textile Machinery Co., Ltd. (000666) listed in Hong Kong stock market as well as in A stock market of China, CHTC KAMA Co., Ltd. (900953) listed in B stock market of China, Baoding Swan Co., Ltd. (000687) and China Garments Co., Ltd. (000902) listed in A stock market of China, and Fong´s Industries Company Limited (HK.00641) listed in Hong Kong stock market. CHTC has operated three major businesses, namely textile machinery, textile trading, and commercial vehicles, totally six business segments, including textile machinery, textile trading, new fiber materials, heavy industry machinery, real estate, and investment, etc. In which, textile machinery is the core business of CHTC.

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