Chinese Capital Goods Too Big To Fail

NARI Technology

Market Cap: CN¥191.1b

Provides power intelligence solutions in China and internationally.

Sany Heavy IndustryLtd

Market Cap: CN¥185.2b

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

CRRC

Market Cap: CN¥169.9b

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.

China National Chemical Engineering

Market Cap: CN¥47.3b

China National Chemical Engineering Co., Ltd.

Beijing New Building Materials

Market Cap: CN¥34.7b

Manufactures and sells building materials in China.

Neway Valve (Suzhou)

Market Cap: CN¥33.5b

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

Sinotruk Jinan TruckLtd

Market Cap: CN¥27.2b

Develops, produces, and sells various types of heavy-duty vehicles, special vehicles, specialized vehicles, engines, transmissions, axles, and other assemblies and automotive components in China.

XJ Electric

Market Cap: CN¥23.1b

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