The main business of Xinhua Group III includes ferrous metal smelting and processing, textile and clothing, special equipment manufacturing and other business sectors. The main products are ductile iron pipes, pipe fittings, steel grids, steel products, construction machinery, special and special vehicle modification, petroleum equipment, textiles, clothing, dyeing and finishing, leather shoes, rubber products and accessories.
China Xinxing (Group) Company was established with the approval of the State Council in 1989. It was originally affiliated to the General Logistics Department of China People's Liberation Army, and it is the largest enterprise group in the whole army. 1at the end of 998, according to the strategic decision of the party and the state, emerging groups were decoupled from the military and reorganized. 1March, 1999, Xinxing Group was listed as the central enterprise sequence managed by the State Council. From June 5438 to October 2009, Xinxing Group merged into China General Technology (Group) Holding Co., Ltd.
These two companies are central enterprises, and the two group companies have nothing to do with each other.