CITIC HEAVY.CITIC HEAVY Industries, grounded in the new development stage, adheres to the new development philosophy and integrates into the new development paradigm. Upholding its positioning in advanced equipment manufacturing, the company is committed to implementing national strategies and achieving high-quality development. Innovation serves as its primary driving force, propelled by a dual-engine approach of “internal growth + external expansion.” It is dedicated to building four major industrial sectors: heavy equipment, engineering turnkey solutions, new energy equipment, and emerging businesses. It continuously strengthens its position as a key national enterprise, enhances its hard technology capabilities, deepens international cooperation, and strives to achieve high-quality development in both Party building and economic performance. CITIC HEAVY is committed to becoming a globally competitive, world-class advanced equipment manufacturing enterprise. The Heavy Equipment segment is positioned to provide large-scale, heavy-duty, and intelligent equipment for major national projects and initiatives, supplying host products and critical components to industries including mining, building materials, metallurgy, coal, petrochemicals, water conservancy, and power generation. The Engineering Turnkey segment leverages brand strength, product R&D capabilities, and advanced manufacturing expertise to deliver comprehensive engineering contracting services—spanning research, process design, engineering design, equipment supply, construction, installation, commissioning, and production ramp-up. This segment possesses unique advantages in executing EP and EPC turnkey projects. The New Energy Equipment segment is positioned to support China's energy transition strategy. Centering on “carbon peak and carbon neutrality” objectives, it advances offshore wind power operations to implement national strategic initiatives. Concurrently, it expands into high-speed, high-efficiency steam turbine generator sets, as well as high-rate, wide-temperature-range, and high-safety energy storage batteries and power batteries. The Emerging Business segment leverages the capital operation platform established through the IPO to focus on core technologies, enhance market share and quality efficiency in niche markets, and cultivate a vanguard for technological innovation and a new force for profit contribution. It aims to establish replicable and referenceable investment and management models, as well as incubation platforms for the company's new industrial development. Primary products include: Heavy Equipment segment, Engineering Turnkey segment, New Energy Equipment segment, and Emerging Business segment.
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