Chinese Capital Goods Healthy potentially undervalued

Ningbo Orient Wires & CablesLtd

Market Cap: CN¥33.5b

Engages in the research, development, manufacturing, and sale of various submarine and terrestrial cable products in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥11.9b

Engages in the research, development, production, and sale of power transmission, distribution, and control equipment in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥21.1b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Jinlei Technology

Market Cap: CN¥6.8b

Engages in the research, development, manufacture, machining, and sale of wind turbine main shafts, and various castings and forgings in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥23.8b

Manufactures and sells power distribution in China and internationally.

Windey Energy Technology Group

Market Cap: CN¥9.3b

Researches, develops, manufactures, and sells wind turbines in China.

Neway Valve (Suzhou)

Market Cap: CN¥34.5b

Researches, develops, produces, and sells industrial valves in the People’s Republic of China and internationally.

Contemporary Amperex Technology

Market Cap: CN¥1.9t

Engages in the research, development, production, and sale of electric vehicle and energy storage system batteries in China and internationally.

Shenzhen KSTAR Science and Technology

Market Cap: CN¥17.3b

Engages in the research, development, production, and sale of uninterruptible power supply products in the China and internationally.

Beijing New Building Materials

Market Cap: CN¥34.7b

Manufactures and sells building materials in China.

Xi'an Sinofuse Electric

Market Cap: CN¥11.6b

Engages in the research, development, production, and sale of fuses and related accessories in China.

Dajin Heavy IndustryLtd

Market Cap: CN¥28.5b

Manufactures and sells wind and photovoltaic power generation equipment in China and internationally.

XJ Electric

Market Cap: CN¥23.4b

Provides energy and power and technology equipment in China and internationally.

XCMG Construction Machinery

Market Cap: CN¥107.5b

Engages in the manufacturing and sale of construction machinery in China.

Hunan Yuneng New Energy Battery MaterialLtd

Market Cap: CN¥54.1b

Engages in the research, development, production, and sale of lithium-ion battery cathode materials in China and internationally.

Shenzhen United Winners Laser

Market Cap: CN¥6.2b

Engages in research and development, production, and sale of precision laser welding equipment and intelligent manufacturing solutions in China and internationally.

Sungrow Power Supply

Market Cap: CN¥212.9b

Engages in the research and development, manufacture, sale, and service of new energy power supply equipment.

Riyue Heavy IndustryLtd

Market Cap: CN¥10.3b

Engages in the research and development, production, and sale of large-scale heavy industry equipment castings in China.

China State Construction Engineering

Market Cap: CN¥195.0b

Operates as an investment and construction company in China and internationally.

Yizumi Holdings

Market Cap: CN¥9.4b

Engages in designs, researches and develops, manufactures, sells, and services of various molding machines in China and internationally.

Ningbo Deye Technology Group

Market Cap: CN¥106.0b

Researches, designs, develops, produces, sells and services solar inverter systems, frequency conversion control systems, environmental electrical appliances, and heat exchangers in China.

Zhejiang HangKe Technology

Market Cap: CN¥12.4b

Designs, develops, produces, and sells lithium battery post-processing systems for the rechargeable batteries in China.

Qingdao TGOOD Electric

Market Cap: CN¥35.3b

Engages in the intelligent manufacturing and integrated services; and electric vehicle charging network in China and internationally.

Shanghai Hanbell Precise Machinery

Market Cap: CN¥12.8b

Shanghai Hanbell Precise Machinery Co., Ltd.

Anhui HeliLtd

Market Cap: CN¥16.3b

Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China and internationally.

Sany Heavy IndustryLtd

Market Cap: CN¥188.7b

Engages in the research and development, manufacture, and sale of construction machinery in Chinese mainland and internationally.

Jiangsu Haili Wind Power Equipment Technology

Market Cap: CN¥9.4b

Jiangsu Haili Wind Power Equipment Technology Co., Ltd.

China National Chemical Engineering

Market Cap: CN¥47.6b

China National Chemical Engineering Co., Ltd.

Zhejiang Dingli MachineryLtd

Market Cap: CN¥30.6b

Engages in research, development, manufacturing, sales, and services of various intelligent aerial work platforms in China and internationally.

China CSSC Holdings

Market Cap: CN¥260.6b

Engages in the shipbuilding and repair businesses in China.

CRRC

Market Cap: CN¥174.1b

CRRC Corporation Limited, with its subsidiaries, engages in the research and development, designing, manufacturing, refurbishment, sale, leasing, and technical servicing of railway locomotives in Mainland China and internationally.

Zhejiang Weixing New Building Materials

Market Cap: CN¥13.9b

Zhejiang Weixing New Building Materials Co., Ltd.

Hongfa Technology

Market Cap: CN¥53.4b

Manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide.

Beijing Sifang AutomationLtd

Market Cap: CN¥30.6b

Supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and utilization systems in China and internationally.

Himile Mechanical Science and Technology (Shandong)

Market Cap: CN¥61.1b

Engages in the research, development, production, and sale of automotive radial tire molds in China, Asia, Europe, and North and South America.

Shanghai Liangxin ElectricalLTD

Market Cap: CN¥9.7b

Manufactures and sells low-voltage electrical appliances in China and internationally.