Chinese state-owned company
China South Industries Group Corporation Native name
中国南方工业集团公司 Company type State owned Industry Defense , automotive Founded July 1999; 25 years ago (1999-07 ) Headquarters , Area served
Worldwide Key people
Xu Ping (Chairman ) Gong Yande (President ) Products Munitions , Firearms , Artillery , Explosive , Combat vehicle , Radar , Electro-optical devices , Commercial vehicles , Automobile partsRevenue 4,610,000,000 United States dollar (2019) 268,000,000 United States dollar Total assets 48,400,000,000 United States dollar Number of employees
172,030 (December 2013) Parent SASAC Website www.csgc.com.cn
The China Ordnance Equipment Group Corporation (Chinese : 中国兵器装备集团公司 ), also known as China South Industries Group Corporation (CSGC , Chinese : 中国南方工业集团公司 ), is a Chinese state-owned manufacturer of automobiles , motorcycles , firearms , vehicle components, and optical-electronic products and other special products domestically and internationally.[ 1] The company was founded in 1999 and is based in Haidian District , Beijing . CSGC is the parent company of Changan Automobile .
In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army , which included China South Industries Group Corporation.[ 2] [ 3] [ 4]
See also
References
^ Allen-Ebrahimian, Bethany (June 24, 2020). "Defense Department produces list of Chinese military-linked companies" . Axios . Archived from the original on June 25, 2020. Retrieved June 24, 2020 .
^ Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military" . Axios . Archived from the original on October 28, 2021. Retrieved November 12, 2020 .
^ Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (2020-11-12). "Trump bans U.S. investments in firms linked to Chinese military" . Reuters . Archived from the original on 2021-10-28. Retrieved 2020-11-12 .
^ Swanson, Ana (2020-11-12). "Trump Bars Investment in Chinese Firms With Military Ties" . The New York Times . ISSN 0362-4331 . Archived from the original on 2020-11-13. Retrieved 2020-11-13 .
External links