China General Technology (Group) Holding – Genertec - is an important backbone of state-owned enterprises system, directly administered by the central government. Genertec is specialized in five sectors, including pharmaceutical industry, technical services and consultancy, trade and engineering contracting, equipment manufacturing as well as construction and real estate. With sound capacity, full credentials and renowned reputation built in over 50 years, most of the key subsidiaries have played significant role in China’s relevant industries or industry segments and made great contribution to economic construction and social development.
At present, with more than 45,000 employees, Genertec has 58 overseas organizations and 32 domestic subsidiaries among which 3 are listed in Shanghai stock market, 8 branch offices in Europe, 3 Research and Development Centers and has formed steady trade and cooperative relations with more than 100 countries and regions.
Genertec boasts of strong integration service and resource integration capabilities to provide clients with package solution including marketing, commercial services, financing, key equipment manufacturing, engineering design and construction and technical & consulting services. Looking into the future, with globalized strategic thinking and opening international vision, Genertec will grasp opportunities, integrate resources, accelerate the transformation of development mode, and continuously better the industrial value chain, endeavoring to realize the new leapfrog in its transformation and upgrading, to build up a scale enterprise group of international competitiveness integrating scientific research, manufacturing and trade.
With a turnover of more than 25 billions USD in 2013, and assets of more than 18 billions USD, Genertec is one of the leading State Owned Enterprises in China and in 2014 has been ranked for the first time within the Global Fortune 500.