Chinese Capital Goods High ROE Growth Engines

Ningbo Deye Technology Group

Market Cap: CN¥119.8b

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

Yutong BusLtd

Market Cap: CN¥66.0b

Manufactures and sells buses in China and internationally.

Nanchang Sanrui Intelligence Technology

Market Cap: CN¥42.1b

Nanchang Sanrui Intelligence Technology Co., Ltd.

Neway Valve (Suzhou)

Market Cap: CN¥40.2b

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

Jiangsu Shemar ElectricLtd

Market Cap: CN¥20.1b

Engages in the research and development, production, and sale of composite external insulation for power system substations, composite external insulation for power transmission and distribution lines, and rubber seals in China.

Xi'an Sinofuse Electric

Market Cap: CN¥13.2b

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

Shanghai New Power Automotive Technology

Market Cap: CN¥6.9b

Engages in the production and sale of diesel engines and parts in China.

China Post Technology

Market Cap: CN¥4.4b

Engages in the research and development, design, production, sale, and related servicing of intelligent logistics systems in China.

Weihai Huadong Automation

Market Cap: CN¥3.7b

Engages in the research, development, production, and sales of CNC machine tools, conventional machine tools, and components in China and internationally.

Fujian Haiqin Energy Group

Market Cap: CN¥2.3b

Engages in the bulk commodity supply chain business in China.