What level of central enterprises does China Xinke belong to?

Zhongxin Sub-branch belongs to the central enterprises under the jurisdiction of SASAC and belongs to the deputy ministerial level. The full name of China Xinke is China Information and Communication Technology Group Co., Ltd. China Information and Communication Technology Group Co., Ltd., which was formed by the joint reorganization of Wuhan Institute of Posts and Telecommunications and Institute of Telecommunications Science and Technology. On behalf of the State Council, the State Council State-owned Assets Supervision and Administration Commission (SASAC) performs the investor's duties and is headquartered in Wuhan, which is listed in the sequence of central enterprises. China Xinke Group is registered in China Optics Valley, Wuhan, Hubei, with a registered capital of 30 billion yuan.

Company development process

On June 27th, 20 18, the State-owned Assets Supervision and Administration Commission (SASAC) issued an announcement, agreeing to the joint reorganization of Wuhan Institute of Posts and Telecommunications and Institute of Telecommunications Science and Technology. In this reorganization, China Information and Communication Technology Group Co., Ltd. was newly established, and the State-owned Assets Supervision and Administration Commission (SASAC) performed the investor's duties on behalf of the State Council. Wuhan Institute of Posts and Telecommunications was transferred to the new company free of charge and became its wholly-owned subsidiary, no longer performing the investor's duties of SAAC. China Xinke Group, headquartered in Wuhan, Hubei Province, is listed in the sequence of central enterprises.

20 18 On July 20th, the inaugural meeting of China Information and Communication Technology Group was held in Wuhan, Hubei. The State Council sasac director Xiao Yaqing, Hubei Provincial Party Secretary Jiang, Governor Wang Xiaodong and other leading comrades attended the inaugural meeting, witnessing an important moment in the development of China's information and communication industry.

In April, 2020, it was selected into the list of "Science and Technology Reform Demonstration Enterprises" of the State Council State-owned Assets Supervision and Administration Commission.

In May 2023, China Xinke Group released seven latest scientific and technological achievements, including C+L multi-band long-distance transmission system and submarine second-generation optical repeater. In the same month, the company's key laboratory realized the experiment of single-mode 19-core optical fiber transmission system, with a total transmission capacity of 4. 1Pbit/s and a net transmission capacity of 3.61pbit/s.

The enterprise is honored.

In September, 2022, it ranked 396th in the list of top 500 Chinese enterprises in 2022 with an operating income of 558,030,800 yuan.

On September 6th, 2022, it was selected into the list of "China Innovative Large Enterprises 100 Top" published by china enterprise confederation and China Entrepreneurs Association, ranking 9th.

Business scope of the company

Development, research, sales, technical services and system integration of communication equipment, electronic information, computers and external equipment, electronic software, e-commerce, information security, radio and television equipment, optical fiber cables, optoelectronics, electronic components, integrated circuits, instruments and meters, other electronic equipment, automation technology and products (except those that need to be franchised by the state); Design and construction of communication, network, radio and television projects (excluding satellite ground receiving facilities); Investment management and consultation; Real estate leasing, property management and consulting; Self-management and agency for the import and export of various commodities and technologies (except those restricted or prohibited by the state); Contracting overseas communication projects and bidding projects at home and abroad; The export of equipment and materials required for the above-mentioned overseas projects; Dispatch the laborers needed to implement the above-mentioned overseas projects. (Projects subject to examination and approval according to law can only be operated after examination and approval by relevant departments)