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Time:March 24-26, 2018
Beijing Diaoyutai State Guesthouse
Sponsor:Development Research Center of the State Council
Organiser:China Development Research Foundation
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Xinxing Cathay International Group Co., Ltd., the former Xinxing Ductile Iron Pipes Co., Ltd., is reorganized and reconstructed from the former General Logistics Department and 78 military munitions enterprises of the Chinese People's Liberation Army. As a current large central state-owned enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council in China (SASAC), our group is a large scaled solely state-owned company dealing with assets management, capital operation and production management. Its headquarter is located in Beijing CBD, Fortune Plaza.


The Group has six Business Segments: metallurgy, light and textile industry, equipment manufacturing, medicine, emergency and service. Its main products include ductile cast iron pipes, pipe fittings, steel gratings, steel, engineering machineries, special and dedicated vehicle modification, oil equipment, textile, garments, dying and finishing, leather and leather shoes, rubber products, equipment and etc.


At the time being, Xinxing Cathay International Group is a fabrication, research and development foundation for ductile cast iron pipes, whose comprehensive strength and technical level is in leading position and output and sale volume is the highest in the world. It is also a large production, research and development base for steel grating, Logistics munitions, occupation wears, professional shoes and boots as well as large production, research and development base for high end textile products in China. It is also a main purchase and processing base for foreign military munitions market, and with military equipment export authority. It possesses state level enterprise technical center and military supplies test center, state-level enterprise post-doctoral research station.


The Xinxing Ductile Iron Pipes Co., Ltd. (000778.sz) and Jihua Group Corporation Limited (601718.sh) that cover 70% of the group employees and capital has been listed; The subordinate enterprises are located in 30 provinces (cities and autonomous regions) as well in countries as Zambia and India and so on. The earliest member enterprises were founded in 1911, the end of Qing Dynasty.


Now, Xinxing Cathay International Group Co., Ltd. has about 70,000 employees. Capital volume is 140 billion Yuan. The total number of employees, scale of state-owned assets, business income and total profit rank among the top 50 in central enterprises.