CHTC JOVE HEAVY INDUSTRY CO., LTD.

CHTC JOVE HEAVY INDUSTRY CO., LTD. is the subsidiary of Stated-owned Corporation CHTC Group and a national support high-tech enterprise in research, production and sales for construction machinery, new textile machinery and new materials equipment. CHTC JOVE has developed quickly based on its advanced technology and human-oriented management. The output value grows from 340 million RMB since establishment in the year of 2007 to 1.6 billion RMB in the year of 2011. Total assets reach up to 2 billion. CHTC group’s major products including construction machine, textile and new materials machine all meet the national strategic plan and future development direction. Construction machine series cover excavator, static hydraulic pile driver, long spiral drilling rig, rotary drilling rig, multi function drilling rig and horizontal directional driller. Textile and new materials machines are high-tech, low-power, low emissions of new dyeing equipment and carbon fiber, polyethylene, high strength modulus vinylon, aramid fibers, polyester staple manufacturing equipment. With stable and reliable performance, we enjoy high reputation in those areas and products sold well domestic and abroad.

As a high-tech group in China, CHTC JOVE is the member of Double-hundred new industrialization plan, Provincial Priority Support Company. It owns one national-class institution, three provincial institutions, applied for over 300 patents and 178 of them get the authority. Moreover, it has undertaken more than 20 research projects and won government awards on intellectual property issued by the State Committee of Standardization and adopted International Standard Product Manufacturing Certificate, participated in formulating more than 10 national standards on construction machinery and textile machinery. R & D capabilities, production capacity and growth rate are made remarkable achievements.

In the year of 2012, located in East 11 Rd, Changsha Economic Development Zone, covers an area of 300 acres of "CHTC JOVE Industrial Park" will be put into operation, while the larger area of 1500 acres of the “CHTC JOVE industrial city” is under planning. During the 12th Five-Year Plan, CHTC JOVE will constantly develop and improve our excavator, piling machinery, non-excavation equipment, new textile machinery, new materials equipment, packaging machinery and agricultural machinery. At the end of the 12th Five-Year Plan, the annual sales income will achieve more than 10 billion. Fully use of resources of CHTC Group, our goal is to build a world-class enterprise by comprehensive industrial upgrading.