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Advanced Manufacturing

With the growth of international trade and engineering contract business, Genertec has for many years been leveraging its core competitiveness and resource profile to move upward the industrial chain toward more advanced manufacturing. Through reorganization, rip-off, joint equity or contractual investments, equity transactions and takeovers, Genertec has further nurtured and cemented its portfolios. Genertec,s subsidiaries are already competitively equipped for bearings manufacturing and packaging.On the back of powerful R&D, Genertec has also secured a technology leadership and steadily growing market share with a strong manufacturing capacity for special vehicles, especially heavy-duty and high-end models.

CMC Bearing Co., Ltd, a manufacturing company invested and managed by Genertec, is one of the backbone companies of bearing manufacturing and export of China with both production capacity and export volume ranking in the top list of manufacturers in this industry of China. With its good profit, it is the first one in the industry to get ISO9002, QS9000 and TS16969 certificates in China and has been awarded ¡°Quality and Profit Excellence¡± for many time by the former Ministry of Foreign Trade and Economic Cooperation and ¡°Advanced Enterprise¡± by Yantai Economic and Technology Development Zone. It has made great contribution to the export of bearing from China.

Yantai CMC Packing Products Co., Ltd. is a Genertec-foreign joint venture in Yantai Economic and Technology Development Zone, which has two manufacturing sites currently in Yantai and Zhongshan. Its annual production capacity of soft plastic pipes is 142 million pieces, which are widely applied in cosmetic, pharmaceutical and food industries. It is one of the manufacturers in China who have the most advanced equipment and technologies in this industry.

China Automobile Engineering Research Institute (abbr. as CAERI) of Genertec is actively drawing upon its expertise in special purpose vehicles and critical components as well as innovative SUV designs to develop new products. After a decade of experiments, CAERI has seen its research findings initially paying off in such areas as special purpose vehicles, fuel gas purpose vehicles and components, auto simulation equipment, BOGIE of monorail transit. An incubator covering around 80 mu in area and over 20,000 sqm in construction space has been established, capable of producing 5,000 special purpose vehicles, 50,000 PTOs and 20,000 combustion engines per annum.

Genertec holds shares of Shanghai Mitsubishi Elevator Co., Ltd, a company of lift and elevator manufacturing and marketing. This company manufactures lifts and elevators with the first class technology in the world, which are sold favorably in both domestic and international market. The market ratio of the products of the company ranks among the best in China. It is now one of the most famous elevator manufacturers with excellent performance record in China.

Genertec is ready to optimize its resource allocation to accelerate transformation and upgrading, while giving priority to the development of advanced manufacturing, develop its core competitiveness and reposition itself as an advanced manufacturer.


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