China Ordnance Industry Corporation (CNGC), our company and China Ordnance Industry Corporation belong to the same company and have two names. The group company is not only the main research and production base of China's army weapons and equipment, but also provides various weapons, ammunition and equipment for the navy, air force, second artillery, armed police and public security. It is the strategic basic industry of China's national defense modernization.
This enterprise ranks 32nd in the ranking of top 500 Chinese enterprises in 2006, 30th in the ranking of top 500 Chinese enterprises in 2007 and 34th in the ranking of top 500 Chinese enterprises in 2007 jointly issued by china enterprise confederation and China Entrepreneurs Association. In 2008, the total assets reached about 654.38+0.7 billion yuan, with 300,000 employees.
China Ordnance Industry Corporation is one of the two major weapons and equipment manufacturers in China (the other is China Ordnance Equipment Corporation). Developing and producing high-tech weapons and equipment such as precision strike, amphibious attack, long-range suppression, air defense and anti-missile, information night vision and high-efficiency damage for land, sea, air and space, as well as various arms and services, has a basic and strategic role in China's national defense modernization.
China Ordnance Industry Group Corporation has always adhered to the policy of combining military and civilian, actively devoted itself to the civilian industrialization of military high technology, made full use of the advantages of military technology and resources, and successfully cultivated and developed a number of leading civilian products with military high-tech background, such as heavy vehicles and equipment, special chemicals and petrochemicals, photoelectric materials and devices, and made positive contributions to the modernization of the national economy.
China Ordnance Industry Corporation actively implements the internationalization strategy, vigorously develops two overseas undertakings, namely, international project contracting and strategic resources development of petroleum and minerals, and forms an international business pattern of five-in-one and interactive development of military trade, technology introduction, international project, strategic resources and civilian products export. Become an indispensable backbone in the history of China's weapons development.