Chinese Capital Goods Strong Balance Sheet Stocks

Beijing Jingneng Thermal

Market Cap: CN¥2.9b

Engages in the heating business in China.

CnlightLtd

Market Cap: CN¥2.0b

Manufactures and sells lighting products in China.

Qingdao Paguld Intelligent ManufacturingLtd

Market Cap: CN¥4.5b

Qingdao Paguld Intelligent Manufacturing Co.,Ltd.

Jiangsu Xiechang Electronic Technology Group

Market Cap: CN¥2.8b

Jiangsu Xiechang Electronic Technology Group Co., Ltd.

Zhejiang Zhaolong Interconnect TechnologyLtd

Market Cap: CN¥19.7b

Zhejiang Zhaolong Interconnect Technology Co.,Ltd.

Hsino Tower Group

Market Cap: CN¥11.2b

Engages research, development, production, and sale of transmission line towers and voltage level structures.

Beijing Sifang AutomationLtd

Market Cap: CN¥15.2b

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

Zhejiang Feida Environmental Science & Technology

Market Cap: CN¥4.5b

Zhejiang Feida Environmental Science & Technology Co., Ltd.

Zhongtong Bus HoldingLTD

Market Cap: CN¥6.5b

Engages in the manufacture and sale of buses in China.

ZMJ Group

Market Cap: CN¥45.2b

Manufactures and sells coal mining and excavating equipment for coal mining industry in the People’s Republic of China, Germany, and internationally.

Qingdao TGOOD Electric

Market Cap: CN¥29.2b

Provides the electrical transmission and distribution solutions in China and internationally.

Wuhan Zhongyuan Huadian Science & TechnologyLtd

Market Cap: CN¥4.3b

Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥9.0b

Provides specialized engineering technical services in China.

WindSun Science&TechnologyLtd

Market Cap: CN¥5.6b

Engages in the research and development, production, sale, and service of power electronic energy-saving control technology and related products in China.

Guangdong Real-Design Intelligent Technology

Market Cap: CN¥2.9b

Researches and develops, produces, and sells intelligent controllers.

Jiangxi Hongdu Aviation Industry

Market Cap: CN¥25.1b

Jiangxi Hongdu Aviation Industry Co., Ltd.

Zhejiang Liju Thermal Equipment

Market Cap: CN¥4.7b

Zhejiang Liju Thermal Equipment Co., Ltd.

Zhejiang FORE Intelligent TechnologyLtd

Market Cap: CN¥9.0b

Zhejiang Fore Intelligent Technology Co., Ltd.

Jiangsu Teeyer Intelligent EquipmentLtd

Market Cap: CN¥4.0b

Jiangsu Teeyer Intelligent Equipment Co.,Ltd.

Zhuzhou Tianqiao Crane

Market Cap: CN¥5.5b

Manufactures and sells material handling equipment for electrolytic aluminum, steel, construction machinery, and non-ferrous industries in China and internationally.

Soho Fashion Group

Market Cap: CN¥2.4b

Engages in the import and export of textiles and garments in the People’s Republic of China and internationally.

Suzhou Veichi Electric

Market Cap: CN¥19.2b

Develops, manufactures, and markets industrial automation control products and system solutions in China and internationally.

Jiangxi Xinyu Guoke Technology

Market Cap: CN¥8.5b

Manufactures and sells military products.

Guangzhou Huayan Precision MachineryLtd

Market Cap: CN¥4.3b

Guangzhou Huayan Precision Machinery Co.,Ltd.

Anhui Anfu Battery TechnologyLtd

Market Cap: CN¥11.4b

Research, develops, produces, and sells zinc-manganese batteries in China.

AVIC (Chengdu)UAS

Market Cap: CN¥32.5b

Engages in the design, development, manufacturing, sales, and service of unmanned aerial vehicle systems in China.

Luoyang Northglass TechnologyLtd

Market Cap: CN¥4.5b

Designs, develops, manufactures, and sells glass deep processing equipment in China.

Chengdu ALD Aviation Manufacturing

Market Cap: CN¥7.4b

Together with its subsidiary, Chengdu Tangan Aviation Manufacturing Co., Ltd., researches, designs, develops, manufactures and sells military and civil aircraft parts, aero-engine parts, and aerospace large structural parts in China.

Yutong Heavy IndustriesLtd

Market Cap: CN¥6.3b

Researches, develops, produces, and sells sanitation cleaning, garbage collection, and transfer equipment in China.

Wayzim Technology

Market Cap: CN¥4.3b

Engages in research and development, design, manufacture, and sale of intelligent logistics sorting systems for the logistics express industry in China and internationally.

WenYi Trinity Technology

Market Cap: CN¥4.6b

Researches and develops molds and equipment technology for the semiconductor and chemical building materials industries in China and internationally.

XJ Electric

Market Cap: CN¥25.3b

Provides energy and power and technology equipment in China.

Guangzhou Tech-Long Packaging MachineryLtd

Market Cap: CN¥3.0b

Guangzhou Tech-Long Packaging Machinery Co.,Ltd.

HIT Welding IndustryLtd

Market Cap: CN¥6.6b

Engages in the research, development, production, and sales of various welding material in China.

Changhong Huayi Compressor

Market Cap: CN¥4.9b

Research, develops, manufactures, and sells various compressors in China and internationally.

Kehua Data

Market Cap: CN¥39.7b

Provides integrated solutions for power protection and energy conservation worldwide.