Founded in 1946, it is one of china's most integrated motor vehicle and equipment manufacturing groups. The group has more than 55,000 employees worldwide, achieving its business target of $10. 7 billion in 2014, ranking it in second place in the 100th most powerful chinese machine industry in 2014. It is an internationalized company operating in a cross-cutting and cross-sectoral manner, with a cross-cutting presence in europe, north america and south-east asia, and has established full-capital or holding divisions in several provinces and cities of china, including shandong, shuxi, hunan, chongqing, jiangsu, fujian, shanghai and beijing. Group holdings sub-satellite, inc. (hk2338, sz000338), is an a+h listed company and an enterprise group in china that owns a gold chain of power systems (engine, speedbox, bridge), heavy vehicles, automobile electronics and spare parts; and another holdings sub-searchs, inc., (sz000880), which covers large, medium and small series of ship power an...