Chinese Capital Goods Low Leverage High Rewards

Hefei Meyer Optoelectronic Technology

Market Cap: CN¥15.9b

Hefei Meyer Optoelectronic Technology Inc.

Camel Group

Market Cap: CN¥11.3b

Manufactures and sells green lead-acid and new energy lithium-ion batteries in China and internationally.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.1b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Shanghai Mechanical & Electrical IndustryLtd

Market Cap: CN¥19.3b

Designs and manufactures mechatronic products and equipment in China and internationally.

Dlg Exhibitions & Events

Market Cap: CN¥7.0b

Provides conference and exhibition services in China.

Bosun

Market Cap: CN¥3.6b

Research, develops, produces, and sells diamond tools in China and internationally.

Suzhou Gold Mantis Construction Decoration

Market Cap: CN¥8.8b

Engages in the design and construction of interior decoration, curtain walls, furniture, and landscape in China.

Tiandi Science & TechnologyLtd

Market Cap: CN¥24.5b

Engages in the research, technology development, equipment development, engineering demonstration, testing, and inspection activities for the coal industry in China.

Shanghai Zhezhong GroupLtd

Market Cap: CN¥8.0b

Manufactures and sells sets of switchgears in China.

Beijing New Building Materials

Market Cap: CN¥42.9b

Manufactures and sells building materials in China.

Yutong BusLtd

Market Cap: CN¥72.4b

Manufactures and sells buses and coaches in China and internationally.

Sinoseal Holding

Market Cap: CN¥7.3b

Engages in the research and development, manufacture, and sale of mechanical seals and their auxiliary systems in China and internationally.

Tianrun Industry Technology

Market Cap: CN¥10.1b

Manufactures and sells internal combustion engine crankshafts in China and internationally.

Zhongshan Broad-Ocean Motor

Market Cap: CN¥22.8b

Engages in the motor systems business in China.

Canny Elevator

Market Cap: CN¥6.0b

Engages in the research and development, manufacturing, production, sale, installation, repair, and maintenance of elevators in China.

NARI Technology

Market Cap: CN¥216.2b

Provides power intelligence solutions in China and internationally.

Noblelift Intelligent EquipmentLtd

Market Cap: CN¥5.3b

Engages in the intelligent manufacturing equipment and smart logistics system businesses in China and internationally.

Sany Heavy IndustryLtd

Market Cap: CN¥175.6b

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

Sinotruk Jinan TruckLtd

Market Cap: CN¥26.6b

Designs, develops, produces, and sells heavy-duty vehicles, special vehicles, mechanical processing, machine tool equipment maintenance, automobile production technology consulting and after-sales services, engines, transmissions, axles, and other assemblies and automotive components in China.

Shanghai Liangxin ElectricalLTD

Market Cap: CN¥11.3b

Manufactures and sells low-voltage electrical appliances in China and internationally.

Nanjing Kangni Mechanical & ElectricalLtd

Market Cap: CN¥5.5b

Engages in the research and development, manufacture, sale, and maintenance of railway vehicle door systems in China.

Sinosteel Engineering & Technology

Market Cap: CN¥9.6b

Through its subsidiary, Sinosteel Equipment & Engineering Co., Ltd., focuses on the industrial engineering and service, municipal engineering and investment, energy saving and environment protection, and high-tech businesses.

Zhongyeda Electric

Market Cap: CN¥5.4b

Engages in the distribution of industrial electrical products in China.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥6.5b

Guangdong Lingxiao Pump Industry Co.,Ltd.

Guangdong Dongpeng HoldingsLtd

Market Cap: CN¥6.9b

Manufactures and sells ceramic and porcelain tiles and bathroom products in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥26.8b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Nantong Guosheng Intelligence Technology Group

Market Cap: CN¥3.6b

Nantong Guosheng Intelligence Technology Group Co., Ltd.

Zhejiang Walrus New Material

Market Cap: CN¥2.4b

Engages in the research and development, production, and sale of PVC flooring products in China and internationally.

CRRC

Market Cap: CN¥173.0b

CRRC Corporation Limited, with its subsidiaries, engages in the research and development, design, manufacture, refurbishment, sale, leasing, and technical servicing of railway locomotives in Mainland China and internationally.

Tianjin LVYIN Landscape and Ecology Construction

Market Cap: CN¥3.5b

Operates in the ecological restoration and landscaping construction business in China.

China Haisum Engineering

Market Cap: CN¥4.6b

Engages in the engineering EPC, engineering design, consultation, and supervision services in China.

Guangdong Hongtu Technology (holdings)Ltd

Market Cap: CN¥7.2b

Designs, develops, manufactures, and sells precision aluminum alloy die castings and related accessories in China.

Dare Power Dekor HomeLtd

Market Cap: CN¥3.9b

Operates in the wood-based panel and flooring businesses in China.

China National Electric Apparatus Research Institute

Market Cap: CN¥10.0b

China National Electric Apparatus Research Institute Co., Ltd.

Neway Valve (Suzhou)

Market Cap: CN¥38.5b

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

Goneo Group

Market Cap: CN¥74.5b

Provides electrical products.