A central enterprise refers to a wholly state-owned or state-controlled enterprise in which the Central People's Government (the State Council) or the state-owned assets supervision and administration institution acts as the investor to exercise the investor's rights and conduct management. China Ordnance Industry Corporation is located in the list of central enterprises issued by SASAC, so China Ordnance Industry Corporation is a central enterprise.
The business of China Ordnance Industry Group covers military industry, machinery, electronics, chemical industry, construction and other fields. Its main products include all kinds of weapons and equipment, industrial machinery, electronic products, chemical products and building materials.