Chinese Capital Goods Strong Balance Sheet Stocks

Zhejiang Hongchang Electrical Technology

Market Cap: CN¥6.0b

Zhejiang Hongchang Electrical Technology Co., Ltd.

Beijing Jingcheng Machinery Electric

Market Cap: CN¥6.1b

Manufactures and sells gas storage and transportation equipment in the People’s Republic of China and internationally.

Weichai Heavy Machinery

Market Cap: CN¥16.2b

Develops, manufactures, and sells diesel engines, generating units, and power integration systems for ship power and power generation equipment in China.

Baotou INST Magnetic New Materials

Market Cap: CN¥9.4b

Baotou INST Magnetic New Materials Co., Ltd.

Sichuan Kexin Mechanical and Electrical EquipmentLtd

Market Cap: CN¥5.0b

Engages in the design, development, and manufacture of heavy-duty process equipment and system integration in China and internationally.

Motic (Xiamen) Electric GroupLtd

Market Cap: CN¥10.2b

Researches, develops, produces, and sells insulation products and other related components for the power transmission and transformation industry in China.

TangshanJidong Equipment and EngineeringLtd

Market Cap: CN¥2.4b

Manufactures and sells cement equipment in China and internationally.

Beijing Watertek Information Technology

Market Cap: CN¥12.1b

Beijing Watertek Information Technology Co., Ltd.

Ningxia Guoyun New Energy

Market Cap: CN¥5.4b

Engages in the production and sales of bearings in China.

Pylon Technologies

Market Cap: CN¥14.3b

Provides energy storage systems (ESS) worldwide.

Ningbo DonlyLtd

Market Cap: CN¥8.2b

Engages in the research and development, manufacture, sale, and technical consultation of transmission equipment, door control systems, and industrial automatic control systems in China and internationally.

Zhejiang Yaguang TechnologyLtd

Market Cap: CN¥2.3b

Engages in the research and development, production, and sale of pharmaceutical machinery.

Wuxi JinYang New Materials

Market Cap: CN¥6.0b

Engages in the research and development, production, and sale of battery precision structural parts and materials in China and internationally.

Zhejiang Rongtai Electric MaterialLtd

Market Cap: CN¥39.7b

Zhejiang Rongtai Electric Material Co.,Ltd.

China Railway High-speed Electrification Equipment

Market Cap: CN¥3.3b

China Railway High-Speed Electrification Equipment Corporation Limited engages in the design, research and development, manufacturing, and sales of electrified railway contact network products, urban rail transit power supply equipment, and off-track products.

Dagang Holding GroupLtd

Market Cap: CN¥2.2b

Engages in the research and development, manufacture, sale, and servicing of road construction and maintenance machineries and equipment in China.

Hunan SUND Technological

Market Cap: CN¥4.3b

Researches, develops, produces, and sells bearing products and transmission systems in China.

Shenzhen V&T Technologies

Market Cap: CN¥4.6b

Engages in the research and development, manufacture, and sale of medium and low voltage inverters, electric vehicle motor controllers, servo drives, inverters, and other power electronic products in China and internationally.

Suzhou Kematek

Market Cap: CN¥25.8b

Suzhou KemaTek, Inc. engages in the research and development, production, processing, and sale of various ceramic components.

Beijing Tianma Intelligent Control Technology

Market Cap: CN¥8.8b

Beijing Tianma Intelligent Control Technology Co., Ltd.

Hengdian Group Tospo Lighting

Market Cap: CN¥6.2b

Engages in the research and development, production, sale, and servicing of civil, commercial, and automotive lighting products in China.

Hangzhou Star Shuaier Electric Appliance

Market Cap: CN¥4.7b

Hangzhou Star Shuaier Electric Appliance Co., Ltd.

Inner Mongolia North Hauler

Market Cap: CN¥3.6b

Inner Mongolia North Hauler Joint Stock Co., Ltd.

Dongfang Electronics

Market Cap: CN¥16.3b

Engages in the research, development, manufacturing, operation, system integration, and technical servicing of energy management system solutions in China, South Asia, Southeast Asia, Africa, South America, Europe and internationally.

Liaoning HeZhan Energy Group

Market Cap: CN¥2.5b

Engages in urban infrastructure construction and operation activities in China.

Henan Thinker Automatic EquipmentLtd

Market Cap: CN¥12.6b

Henan Thinker Automatic Equipment Co.,Ltd.

Chengdu Leejun Industrial

Market Cap: CN¥11.4b

Researches and develops, designs, manufactures, sells, and services grinding process system equipment in the People’s Republic of China and internationally.

Hangzhou Kaierda Welding RobotLtd

Market Cap: CN¥4.3b

Engages in the research, development, manufacture, and sale of industrial welding equipment and welding robots in China.

Wecome Intelligent Manufacturing

Market Cap: CN¥5.6b

Wecome Intelligent Manufacturing Co., Ltd.

Shenzhen Sine ElectricLtd

Market Cap: CN¥2.1b

Engages in the research and development, production, and sale of electrical drive automation products in China.

RIAMB (Beijing) Technology Development

Market Cap: CN¥6.4b

RIAMB (Beijing) Technology Development Co., Ltd.

Zhongshan Broad-Ocean Motor

Market Cap: CN¥27.6b

Engages in the motor systems business in China.

SINOMACH HEAVY EQUIPMENT GROUPLTD

Market Cap: CN¥24.1b

Researches, develops, designs, manufactures, and sells technical and heavy equipment in China and internationally.

NARI Technology

Market Cap: CN¥181.1b

Provides power intelligence solutions in China and internationally.

Zhejiang Tianzhen Technology

Market Cap: CN¥5.4b

Manufactures and sells floor coverings and decorative materials.

Beijing Easpring Material TechnologyLTD

Market Cap: CN¥34.7b

Develops, produces, and sells lithium battery positive electrode materials and smart device products in China, Japan, South Korea, Europe, the United States, and internationally.