As a national strategic industry, China South Industries Group Corporation, founded in July 1999,undertaking the divine mission of “army protection and allegiance to country, strengthening enterprise and enriching people”, is an important state-owned backbone enterprise directly under the central government, the core strength of defense-related science, technology and industry and one of the oversized military industry groups integrating military with civilian purposes, which are the most active.
It can be traced back to the Fifth Machinery Industry Ministry, Ministry of Ordnance Industry and Committee of Machinery Industry. The Group Corporation now has owned more than 50 enterprises and R&D organizations such as Changan Automobile Group, Tianwei Group, Jialing and Jianshe, founded more than 30 production bases and marketing networks in the world and established strategic cooperation relationships with multinational companies like Ford, Suzuki, Mazda, Yamaha and Fuji. The annual sales revenue of the group is greater than RMB 200 billion, with the main economic indicator ranking No. 1 in national defense technology.
It was listed in the TOP 500 enterprises in the world, ranking the 275th position. Nowadays, the Group Corporation has four industrial blocks namely special products, vehicles, new energy and equipment manufacturing. The special products are equipped on all armaments in China and play an important, fundamental and strategic role in national defense field.
The Group has been in possession of wind energy and solar industrial chains and formed the triad core competitive advantage integrating wind, light and electricity.