Chinese Capital Goods Low Leverage High Rewards

Hefei Meyer Optoelectronic Technology

Market Cap: CN¥12.5b

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

Harbin Boshi Automation

Market Cap: CN¥11.7b

Engages in the research and development, production, sale, and service of intelligent manufacturing equipment and industrial robots in the People’s Republic of China.

Sinoma International EngineeringLtd

Market Cap: CN¥21.8b

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

Dlg Exhibitions & Events

Market Cap: CN¥6.7b

Provides conference and exhibition services in China.

Shanghai YongLi Belting

Market Cap: CN¥3.7b

Develops, produces, and sells conveyor belts in China and internationally.

Camel Group

Market Cap: CN¥9.2b

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

Bosun

Market Cap: CN¥3.2b

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

CRRC

Market Cap: CN¥159.0b

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.

Neway Valve (Suzhou)

Market Cap: CN¥40.2b

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

Atlantic China Welding Consumables

Market Cap: CN¥4.7b

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

Shanghai Zhezhong GroupLtd

Market Cap: CN¥6.7b

Manufactures and sells sets of switchgears in China.

Sinoseal Holding

Market Cap: CN¥6.3b

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¥35.8b

Manufactures and sells building materials in China.

Zhongshan Broad-Ocean Motor

Market Cap: CN¥19.4b

Engages in the motor systems business in China.

XJ Electric

Market Cap: CN¥22.0b

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

Noblelift Intelligent EquipmentLtd

Market Cap: CN¥4.4b

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

Changhong Huayi Compressor

Market Cap: CN¥5.3b

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.

ZCZL Industrial Technology Group

Market Cap: CN¥29.3b

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

Xi'an Shaangu Power

Market Cap: CN¥15.5b

Operates as system solutions and service provider in the distributed energy field in the People’s Republic of China and internationally.

NARI Technology

Market Cap: CN¥182.5b

Provides power intelligence solutions in China and internationally.

Sinotruk Jinan TruckLtd

Market Cap: CN¥25.7b

Develops, produces, and sells various types of heavy-duty vehicles, special vehicles, specialized vehicles, engines, transmissions, axles, and other assemblies and automotive components in China.

Shenzhen Jasic TechnologyLtd

Market Cap: CN¥3.7b

Engages in the research and development, production, and sale of welding and cutting equipment in China and internationally.

Sany Heavy IndustryLtd

Market Cap: CN¥166.1b

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

China National Chemical Engineering

Market Cap: CN¥44.8b

China National Chemical Engineering Co., Ltd.

Anhui HeliLtd

Market Cap: CN¥14.3b

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

Nanjing Kangni Mechanical & ElectricalLtd

Market Cap: CN¥5.1b

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

Jiangsu Guotai International Group

Market Cap: CN¥12.2b

Provides supply chain services in China and internationally.

State Grid YingdaLtd

Market Cap: CN¥27.4b

Engages in the electrical, trust, securities, futures, and carbon asset businesses in China.

Zhejiang Dingli MachineryLtd

Market Cap: CN¥24.6b

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

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥5.5b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

Zhejiang Walrus New Material

Market Cap: CN¥2.0b

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

MarcoPolo Holdings

Market Cap: CN¥18.4b

Manufactures, supplies, and markets architectural ceramics in China.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥4.7b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Sinosteel Engineering & Technology

Market Cap: CN¥7.8b

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¥5.3b

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

Fujian Longking

Market Cap: CN¥21.0b

Manufactures and sells environmental protection equipment worldwide.