- CEO
- Xiang Jun Yue
- Full Time Employees
- 6,215
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- No. 60, Middle Section Chongqing CH China 401123
- IPO Date
- Jun 13, 2008
- Business
- Chongqing Machinery & Electric Co., Ltd. (2722.HK) manufactures and sells clean energy equipment and high-end intelligent equipment through multiple operating segments including engines; general machinery; wind turbine blades; wire and cable products; intelligent manufacturing equipment; computerized numerical control (CNC) machine tools; high voltage transformers; material sales; financial services such as loans; and other products. The company, founded in 2007 and headquartered at No. 60 Middle Section of Huangshan Avenue, New North Zone, Chongqing, China, primarily serves the industrial machinery, power equipment, and automotive components sectors with a focus on domestic markets in the People's Republic of China. It operates as a subsidiary of Chongqing Machinery & Electronics Holding (Group) Co., Ltd. and listed on the Hong Kong Stock Exchange in 2008.
In recent developments, the company completed the acquisition of 100% equity in a target company specializing in high-precision gears and shaft components for RMB35.6 million in February 2025 through its subsidiary Chongqing Machine Tools Group, enhancing supply chain integration and operational capabilities in the machinery sector. Additionally, on November 27, 2025, it entered into an asset transfer agreement to sell a target asset package from its Shengpu Technology branch to Zhuoyue Company, a subsidiary of its controlling shareholder, as part of strategic portfolio optimization. The company also declared its first interim dividend in August 2025 alongside the release of its interim results and conducted multi-location roadshows to engage investors.