Chinese Capital Goods Low Leverage High Rewards

Keda Industrial Group

Market Cap: CN¥16.9b

Manufactures and sells building material machinery in China.

Zhejiang Langdi Group

Market Cap: CN¥2.8b

Manufactures and sells household air conditioning wheels, mechanical fans, and polymer composite materials in China.

SolaX Power Network Technology (Zhejiang)

Market Cap: CN¥7.3b

SolaX Power Network Technology (Zhejiang) Co., Ltd.

CRRC

Market Cap: CN¥190.4b

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.

Shanghai Pudong ConstructionLtd

Market Cap: CN¥6.2b

Engages in the construction business in China.

JinGuan Electric

Market Cap: CN¥1.8b

Jinguan Electric Co., Ltd. engages in the research and development, and manufacture of lightning arresters in China.

Warom Technology

Market Cap: CN¥6.8b

Researches and develops, manufactures, and supplies explosion-proof electric apparatus and professional lighting equipment in China and internationally.

Ningbo Deye Technology Group

Market Cap: CN¥55.7b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

Jack TechnologyLtd

Market Cap: CN¥15.2b

Engages in the production and sale of sewing machines in China and internationally.

Jiangxi JDL Environmental Protection

Market Cap: CN¥3.1b

Jiangxi JDL Environmental Protection Co., Ltd.

Zhejiang Weixing New Building Materials

Market Cap: CN¥18.5b

Zhejiang Weixing New Building Materials Co., Ltd.

Yutong BusLtd

Market Cap: CN¥59.3b

Engages in the manufacture and sale of bus and related products in China and internationally.

Hangcha Group

Market Cap: CN¥24.6b

Manufactures and sells forklift products in China and internationally.

SF DiamondLtd

Market Cap: CN¥4.3b

Manufactures and sells polycrystalline diamond (PCD) and related products in China.

Shanghai Chuangli Group

Market Cap: CN¥3.5b

Researches and develops, produces, sells, and services coal mining machinery and equipment in China and internationally.

Xi'an Shaangu Power

Market Cap: CN¥14.3b

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

CCCC Design & Consulting Group

Market Cap: CN¥17.9b

Provides design consulting services in China and internationally.

Zoomlion Heavy Industry Science and Technology

Market Cap: CN¥60.1b

Zoomlion Heavy Industry Science and Technology Co., Ltd.

WindSun Science&TechnologyLtd

Market Cap: CN¥3.4b

Engages in the research and development, production, sale, and service of power electronic energy-saving control technology and related products in China.

Yutong Heavy IndustriesLtd

Market Cap: CN¥6.0b

Researches, develops, produces, and sells sanitation cleaning, garbage collection, and transfer equipment in China.

Zhengzhou Coal Mining Machinery Group

Market Cap: CN¥25.4b

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

Xiamen R&T Plumbing TechnologyLtd

Market Cap: CN¥2.8b

Engages in the research and development, production, and sale of bathroom products and accessories worldwide.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥6.1b

Provides specialized engineering technical services in China.

Sinotruk Jinan TruckLtd

Market Cap: CN¥19.8b

Designs, develops, produces, and sells heavy-duty vehicles, special vehicles, specialized vehicles, engines, transmissions, axles, and other assemblies and automotive components in China.

Shenzhen Jasic TechnologyLtd

Market Cap: CN¥4.4b

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

Huaming Power EquipmentLtd

Market Cap: CN¥13.4b

Provides tap changer products in China.

Shanghai Hanbell Precise Machinery

Market Cap: CN¥8.8b

Shanghai Hanbell Precise Machinery Co., Ltd.

JDM JingDaMachine (Ningbo)Ltd

Market Cap: CN¥4.2b

Produces and sells precision stamping parts in China and internationally.

Anhui HeliLtd

Market Cap: CN¥14.1b

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

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.

Mengtian Home Group

Market Cap: CN¥2.7b

Research, develops, designs, produces, and sells customized wooden furniture in China.

Nanjing Kangni Mechanical & ElectricalLtd

Market Cap: CN¥5.5b

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

Gold cup Electric ApparatusLtd

Market Cap: CN¥7.1b

Researches, develops, manufactures, and sells wires and cables in China and internationally.

Zhejiang Yankon Group

Market Cap: CN¥4.2b

Engages in the research and development, production, and sales of lighting appliances in China.

Sumec

Market Cap: CN¥12.3b

Engages in the supply and industrial chain business in China.

Jingjin Equipment

Market Cap: CN¥9.2b

Offers environmental protection products and services in China.