China Hi-Tech Group Corporation
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Not to be confused with the associate company of Founder Group, China Hi-Tech Group Co., Ltd..
China Hi-Tech Group Corporation, Ltd. (CHTC) is a Chinese conglomerate company. The company is owned by the Chinese Central Government via State-owned Assets Supervision and Administration Commission of the State Council (SASAC).[1] The company main focus is on the textile industry. In June 2017, CHTC became a wholly owned subsidiary of Sinomach, another SASAC company, through a restructuring,[2] as part of a plan to reduce the number of SASAC directly-controlled companies.[3][4]
Quick Facts Company type, Industry ...
Company type | State-owned conglomerate | ||||||
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Industry | Various | ||||||
Founded | 1998 | ||||||
Headquarters | , China | ||||||
Parent | Sinomach (State-owned Assets Supervision and Administration Commission of the State Council) | ||||||
Chinese name | |||||||
Simplified Chinese | 中国恒天集团有限公司 | ||||||
Traditional Chinese | 中國恆天集團有限公司 | ||||||
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CHTC | |||||||
Simplified Chinese | 恒天 | ||||||
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Website | www.chtcg.com |
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