Memorabilia of Sichuan Tengzhong Heavy Industry Machinery Co., Ltd.

In 2005, the company acquired Sichuan Changdian Electric Power Company and changed its name to Tengzhong Electronics Co., Ltd. Sichuan Changdian Electric Power Company was established in 1965.

In 2006, Tengzhong Electronics Co., Ltd. was renamed as Sichuan Tengzhong Industrial Co., Ltd., and in the same year, Tengzhong Heavy Industry acquired Guangyuan Construction Machinery Group established by 1958.

In 2007, the company established a production base in Xinjin, Sichuan, and changed its name to Sichuan Tengzhong Heavy Industry Co., Ltd.

In 2008, Tengzhong Heavy Industry acquired Xinjin Road Construction Machinery Factory from China Communications Construction Corporation, and now it is Xinjin Tengzhong Road Construction Machinery Co., Ltd.

In the same year, Tengzhong Heavy Industry entered the field of energy equipment manufacturing.

At the same time, the company is waiting for the integration of Gansu Lantong Machinery Factory.

According to The New York Times's report on June 2, 2009, General Motors has sold its military off-road brand car-Hummer to Sichuan Tengzhong Heavy Industry Machinery Co., Ltd.

The report was quoted by an insider who is familiar with the approval procedures of the China municipal government. General Motors filed for bankruptcy protection on Monday and said earlier on Tuesday that it had found a buyer for Hummer, but declined to say who the buyer was or how much the buyer was willing to pay.

Affected by high oil prices and severe economic recession, the sales of Hummer off-road vehicles have fallen sharply, forcing GM to list it between Saturn and Saab brands and seek financial restructuring.

Sichuan Tengzhong Heavy Industry Machinery Co., Ltd., headquartered in Chengdu, has been promoting the expansion of its product line, including heavy vehicles.

On the evening of May 5, 20 14, news about Li Yan, the actual controller of Tengzhong Heavy Industry, began to spread through social media, and related news began to spread wildly through news channels such as the media and the Internet overnight. Although Tengzhong Heavy Industry issued a statement on May 6th that the company was all right and did not respond to Li Yan's related rumors, Guangxu High-tech Materials (00067. Hong Kong, a listed company of Huatong Department, also responded to the media by email that it had contacted the chairman who was also reported missing, and relayed that Zhang had contacted Li Yan and was told that "everything was normal", but this obviously abnormal state could not be concealed for too long. On the morning of May 7, our reporter got news from people close to the Sichuan provincial government that Tengzhong Heavy Industry had reported to the financial management institution of Sichuan Province at the beginning of the incident, and some media pointed out in the report that day that the matter had been taken over by the Chengdu Economic and Information Committee.