Chinese Capital Goods Strong Balance Sheet Stocks

Shanghai Highly (Group)

Market Cap: CN¥20.8b

Researches, develops, manufactures, and sells components for white goods and energy vehicles in China and internationally.

Shenzhen SNC Opto ElectronicLtd

Market Cap: CN¥3.4b

Engages in the research and development, production, and sale of LED lighting products worldwide.

Tanac Automation

Market Cap: CN¥3.0b

Produces and sells of automated electromechanical equipment, automation systems, automated machinery, and electronic and mechanical components.

Zhejiang Tengen ElectricsLtd

Market Cap: CN¥3.7b

Manufactures and sells industrial electrical products in China.

Huaming Power EquipmentLtd

Market Cap: CN¥17.3b

Provides tap changer products in China.

Voneseals Technology (Shanghai)

Market Cap: CN¥4.7b

Engages in the research, development, production, and sale of hydraulic and pneumatic sealing products in the People’s Republic of China.

Guangdong Huicheng Vacuum Technology

Market Cap: CN¥16.8b

Guangdong Huicheng Vacuum Technology Co., Ltd.

Sany Renewable EnergyLtd

Market Cap: CN¥37.5b

Engages in the research and development, manufacture, and sale of wind turbines and generators in China.

Suwen Electric Energy TechnologyLtd

Market Cap: CN¥3.9b

Suwen Electric Energy Technology Co.,Ltd.

CSG Smart Science&TechnologyLtd

Market Cap: CN¥10.1b

Manufactures and sells industrial intelligent solutions in China.

Zhejiang XinchaiLtd

Market Cap: CN¥3.1b

Engages in the research and development, manufacturing, and sale of multi-cylinder diesel engines in China.

Shenzhen Inovance TechnologyLtd

Market Cap: CN¥220.0b

Manufactures and sells industrial automation control solutions in China and internationally.

China Railway Construction Heavy Industry

Market Cap: CN¥28.3b

Engages in the research, design, manufacturing, and servicing of underground engineering and rail transit equipment in China and internationally.

Qinhuangdao Tianqin Equipment ManufacturingLtd

Market Cap: CN¥4.2b

Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.

Sijin Intelligent Forming Machinery

Market Cap: CN¥4.0b

Sijin Intelligent Forming Machinery Co., Ltd.

Wolong Electric GroupLtd

Market Cap: CN¥72.6b

Manufactures and sells motors and drives worldwide.

Zhejiang Dun'an Artificial Environment

Market Cap: CN¥14.8b

Engages in the research and development, production, and sale of refrigeration accessories, refrigeration and air-conditioning equipment, and core components for thermal management of new energy vehicles in China and internationally.

Tianjin Meiteng Technology

Market Cap: CN¥2.1b

Engages in the research, development, design, manufacture, and sale of coal and mineral sorting equipment and industrial and mining equipment in China.

Jinxi Axle

Market Cap: CN¥6.0b

Engages in the research, development, and manufacturing of railway vehicles and related accessories, precision forging, and precision casting products in China.

Zhejiang Fengmao Technology

Market Cap: CN¥4.4b

Engages in the research and development, manufacture, and sale of belt driven, fluid pipeline, and rubber sealing systems in China.

Eurocrane (China)

Market Cap: CN¥4.3b

Research, develops, manufactures, sells, and services intelligent material handling solutions in China and internationally.

Ningbo BaoSi Energy Equipment

Market Cap: CN¥5.3b

Engages in research, development, production, and sale of high-end precision mechanical parts and sets of equipment in China and internationally.

Zhejiang Wandekai Fluid Equipment Technology

Market Cap: CN¥3.0b

Zhejiang Wandekai Fluid Equipment Technology Co., Ltd.

Weihai Huadong Automation

Market Cap: CN¥3.1b

Engages in the research and development, production, and sale of CNC machine tools, general machine tools, and related components in China and internationally.

Yeal Electric

Market Cap: CN¥2.0b

Manufactures equipment for the railway sector.

Rayhoo Motor DiesLtd

Market Cap: CN¥8.3b

Designs, develops, manufactures, and sells stamping dies and auto welding lines in China and internationally.

Veken Technology

Market Cap: CN¥3.5b

Engages in the research and development, manufacture, and sale of lithium batteries.

Anhui Quanchai Engine

Market Cap: CN¥4.0b

Engages in the research, development, manufacture, and sale of engines in China, Southeast Asia, Europe, and internationally.

Jiangsu Tongli Risheng Machinery

Market Cap: CN¥7.0b

Jiangsu Tongli Risheng Machinery Co., Ltd.

Sumec

Market Cap: CN¥13.5b

Engages in the supply and industrial chain business in China.

Jangho Group

Market Cap: CN¥8.3b

Engages in architectural decoration business in Mainland China, Hong Kong, Macau, Taiwan, and internationally.

Shandong Hongyu Precision Machinery

Market Cap: CN¥2.4b

Shandong Hongyu Precision Machinery Co., Ltd.

Leedarson IoT Technology

Market Cap: CN¥7.4b

Engages in the research and development, production, and sale of Internet of things (IoT) products, LED bulbs, fixtures, luminaires, light sources, and other products.

Shenzhen Megmeet Electrical

Market Cap: CN¥40.9b

Engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China.

Lutian Machinery

Market Cap: CN¥4.4b

Engages in the research, design, development, production, and sale of general power machinery and high-pressure washers in China.

Higold Group

Market Cap: CN¥25.4b

Engages in the research, production, and sale of home hardware products worldwide.