Chinese Capital Goods Low Leverage High Rewards

Hefei Meyer Optoelectronic Technology

Market Cap: CN¥15.7b

Engages in the research, development, manufacturing, and sale of optoelectronic intelligent identification equipment in China and internationally.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.1b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Camel Group

Market Cap: CN¥12.8b

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

Dlg Exhibitions & Events

Market Cap: CN¥6.8b

Provides conference and exhibition services in China.

Bosun

Market Cap: CN¥3.6b

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

CRRC

Market Cap: CN¥166.1b

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

Tianrun Industry Technology

Market Cap: CN¥12.5b

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

Shanghai Zhezhong GroupLtd

Market Cap: CN¥8.1b

Manufactures and sells sets of switchgears in China.

Atlantic China Welding Consumables

Market Cap: CN¥4.8b

Engages in the research and development, production, and sale of welding rods, welding wires, and fluxes in China and internationally.

Sinoseal Holding

Market Cap: CN¥7.4b

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

Beijing New Building Materials

Market Cap: CN¥43.1b

Manufactures and sells building materials in China.

Zhongshan Broad-Ocean Motor

Market Cap: CN¥23.3b

Engages in the motor systems business in China.

NARI Technology

Market Cap: CN¥216.4b

Provides power intelligence solutions in China and internationally.

ZCZL Industrial Technology Group

Market Cap: CN¥34.2b

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

XJ Electric

Market Cap: CN¥26.7b

Provides energy and power and technology equipment in China and internationally.

Changhong Huayi Compressor

Market Cap: CN¥5.6b

Engages in the research and development, production, and sale of household and commercial compressors under the HUAYI, JIAXIPERA, and CUBIGEL brands in China and internationally.

Noblelift Intelligent EquipmentLtd

Market Cap: CN¥5.4b

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

Anhui HeliLtd

Market Cap: CN¥15.4b

Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China and internationally.

Changjiang & Jinggong Steel Building (Group)

Market Cap: CN¥7.5b

Designs, manufactures, constructs, and installs steel structures in China and internationally.

Sany Heavy IndustryLtd

Market Cap: CN¥180.2b

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

Zhejiang Dingli MachineryLtd

Market Cap: CN¥25.2b

Engages in the manufacture of aerial work platforms in China and internationally.

Nanjing Kangni Mechanical & ElectricalLtd

Market Cap: CN¥5.8b

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

Jangho Group

Market Cap: CN¥11.2b

Engages in the building decoration and medical health businesses in China and internationally.

Sinosteel Engineering & Technology

Market Cap: CN¥10.0b

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.

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

Operates in the cement technology equipment and engineering services industry in China and internationally.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥6.7b

Guangdong Lingxiao Pump Industry Co.,Ltd.

Zhongyeda Electric

Market Cap: CN¥5.2b

Engages in the distribution of industrial electrical products in China.

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.

Tiandi Science & TechnologyLtd

Market Cap: CN¥23.6b

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

YanTai LongYuan Power Technology

Market Cap: CN¥3.4b

YanTai LongYuan Power Technology Co., Ltd.

China Haisum Engineering

Market Cap: CN¥4.7b

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

Guangdong Hongtu Technology (holdings)Ltd

Market Cap: CN¥6.8b

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

Neway Valve (Suzhou)

Market Cap: CN¥45.8b

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

Dare Power Dekor HomeLtd

Market Cap: CN¥3.8b

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

Goneo Group

Market Cap: CN¥75.0b

Provides electrical products.