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21 Jianglu Machinery & Electronics Group Co., Ltd.

Jianglu Machinery & Electronics Group Co., Ltd.(the company)is established through the transformation of Jianglu Machinery Factory and Hunan Jianglu Machinery Group Co., Ltd. The company is a state-owned first-class key enterprise that belongs to China North Industries Group Corporation. The company is also an important enterprise for national military support, a first class secrecy enterprise, and a first class national metrology enterprise, one of the top 100 enterprises in China's machinery manufacture industry, one of the first key enterprises in Xiangtan Electromechanical Integration Industrial Base of National Torch Project, a Hi-tech enterprise of Hunan Province, one of the first innovative experimental enterprises in Hunan Province, an information-based exemplification enterprise in Hunan Manufacture Industry, one of the first key enterprises in Hunan Vehicle & Equipment Manufacture Industrial Base, a core enterprise in Hunan construction machinery industry group, and a Civilization Enterprise of Hunan Province. In September 2007, the technical center of the company got the authorization and became "National Class Enterprise Technical Center".

The company was founded in 1958, and its predecessor is Hanyang Arms Plant founded in the 19th century. In 1997, the company got the certification of ISO9001 quality management system. In 2003, the company got the certification of new quality management system and was granted “National Prize for Quality Management”. With a registered capital of 168 million Yuan and gross asset of more than 2,000 million Yuan, the company has a production area of more than 1.2 million square meters and more than 7,000 employees, among which there are more than 700 technicians. The company also has over 2,800 sets of various kinds of equipment, which include more than 600 sets of high precision equipment, such as numerical controlled lathes, flexible manufacturing system, large horizontal machining center, vertical machining center, mobile crossbeam gantry frame boring-milling machining center, welding robots, ultra high pressure water-jet cutting machine, hydraulic machine for hot-embossing 2000-ton metal plate, hot surface treatment equipment, three-coordinate measuring machine, gear measurement center, ultrasonic phased arrays system. Thus the company has a competitive comprehensive manufacture capability in precision machining, large scale machining, welding and cutting, sheet metal stamping, precision casting of nonferrous metals, hot surface treatment, assembly and measurement accreditation.

The military product of the company has three main categories: special vehicle, comprehensive drive system, and matched electrical device, and as an independent array the main products participated in the large-scale military parade of the 50th anniversary of foundation of PRC. The civil product mainly has four categories: construction machinery, transmission machinery, environmental-protection machinery, and metallurgical machinery, the main products include 15 series, such as tower crane, construction elevator, concrete pump, vibratory roller, compact hydraulic excavator, gantry crane, skid steer loader, forest fire-prevention vehicle, automobile automatic continuously variable transmission(CVT), MW-level wind turbine variable pitch and yaw system, hydraulic components, refuse compactor, desert vegetation building machine, full automatic powder press machine, and nonstandard metallurgy equipment. The main products of the company have won more than 20 national-level and provincial-level prizes for scientific and technological achievements since the "Tenth Five Year Plan".

The company has different branches and subsidiaries, such as ten departments, one laboratory and one technical center; 7 branches for military product production and management, one wholly-owned subsidiary (Hunan Jianglu Heavy Machinery Co., Ltd.) for civil products, two holding companies for civil products (Hunan Jianglu Rongda Vehichle Transmission Co., Ltd. and Xiangtan Jianglu Precision Machinery Co., Ltd.).

In 2007, the income from main business has surpassed 2 billion Yuan, and the export exchange made by civil products has surpassed US$ 20 million.