- CEO
- Zubin Li
- Full Time Employees
- 8,310
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- COFCO Tower Causeway Bay HK Hong Kong
- IPO Date
- Sep 8, 2009
- Business
- China High Speed Transmission Equipment Group Co., Ltd. (CHSTF) manufactures high-speed and heavy-duty gear transmission equipment, with a focus on wind energy gearboxes, rail vehicle gearboxes, industrial gearboxes, robot reducers, and new energy vehicle gearboxes including parallel gear and planetary gear transmission systems for passenger and commercial vehicles such as cars, MPVs, SUVs, buses, and trucks; the company also produces gears, gearboxes, fittings, and computer numerical controlled products for applications in wind power, rail transportation, marine propulsion, building materials, metallurgy, mining, rubber, plastics, high-speed drives, and general industrial machinery, alongside trading in bulk commodities and steel industry chains and services for lighting, municipal landscapes, and engineering procurement construction projects. Founded in 1969 as Nanjing Gear Box Factory and listed on the Hong Kong Stock Exchange in 2007, China High Speed Transmission Equipment Group Co., Ltd. is headquartered in Causeway Bay, Hong Kong, operates as a subsidiary of Five Seasons XVI Limited, and maintains global operations including manufacturing and sales in the People's Republic of China, the United States, Europe, Americas, Asia-Pacific, Canada, Mexico, South Africa, Tunis, and Egypt, serving leading customers such as CRRC and Alstom with over 60,000 sets of metro gear transmission equipment supplied worldwide. In recent developments, the company commenced legal proceedings in April 2025 against entities for alleged fund misappropriation totaling RMB 6.64 billion as of October 2024, involving wholly-owned subsidiaries Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. and Nanjing Handa Import and Export Trade Co., Ltd., amid ongoing PRC criminal investigations into suspected embezzlement; it reported interim results for the six months ended June 30, 2025, with rail transportation gear transmission equipment revenue rising 29.4% year-over-year to RMB 175.7 million, enhanced internal controls including oversight of commodities trading and cash flows, and advancements in intelligent transformation with subsidiary Nanjing High Speed Gear Manufacturing Co., Ltd. recognized in the 2024 5G Factory Directory and as a Jiangsu advanced manufacturing cluster; additionally, the company issued a voluntary announcement in October 2025 refuting allegations from Fullshare Holdings Limited and continues expanding into emerging sectors aligned with the Belt and Road Initiative while optimizing its product portfolio for high-quality development.