Group Profile

China New Era Group Corporation, one of the enterprises under the State-owned Assets Supervision and Administration Commission of the State Council,was established in 1980. As a synthesis group with its main line of business on defense and military facilities, it focuses on the integration of military and civilian goods and services in an effort to make full use of the national and international resources to provide high-end service and high-tech products for the development of national defense-related science, technology and industry. Our main business: the business of military and civil products trade and security that primarily includes military products trading and secondarily includes civil products, civil explosive industry, national defense research and consulting service; the business of engineering contracting at home and abroad and technical service that primarily includes general engineering contracting and secondarily includes service business covering the entire process of the project; the related industrial investment and management that primarily includes the integrated production of military and civil production and transfer of military technology to civil use.

Since its establishment ,the Group has financed more than 200 military enterprises and institutions in the form of investment and entrust loans with very good social and economic benefit and made important contributions to the national defense and economic construction. It has worked out scores of national, provincial and ministerial standards and regulations, and it has been awarded over 130 various kinds of special grants and qualification certificates bysuch organizations as the State Council, the Central Military Commission, the former Commission of Science Technology and Industry for National Defense, the State Economic and Trade Commission, the State Development and Reform Commission, the Ministry of Commerce, the Ministry of Finance, the Ministry of Land and Resources, the Ministry of Construction, the China Insurance Regulatory Commission, etc. It has been standing in the forefront of the sector in terms of business scale and performance for consecutive years.

The Group bases its headquarter in Beijing boasting several exclusively-owned companies, share holding companies and joint venture companies.  It adopts the parental – subsidiary management system.