Genertec, founded in 1998, as an important backbone state-owned enterprise , is the largest service provider introducing advanced equipment and technology, the largest importer and exporter of light industrial products and medical & health products, the largest distributor and service provider of mobile communication terminal products, and also the important equipment manufacturer, international engineering contractor, pharmaceutical manufacturer and supplier, technical and consulting service provider and construction and land agent.
Genertec was set up on the basis of six specialized international trading enterprises, namely China National Technical I/E Corp., China National Machinery I/E (Group) Corp., Ltd., China National Instruments I/E (Group) Corp., China National Corporation for Overseas Economic Cooperation, China National Medicines and Health Products I/E Corp., and China International Advertising Corp.,. In recent years, China Automobile Engineering Research Institute Co., Ltd., Coal Industry Jinan Design & Research Co., Ltd., Qier Machine Tool Group Co., Ltd.,China National Light Industrial Products I/E Corp., Genertec Topfond Pharmaceutical Co., Ltd., Harbin Measuring & Cutting Tool Group Co., Ltd., China Textile Academy, China Xinxing Corp., (Group) and China National Postal and Telecommunications Appliances Corp., joined Genertec in sequence. At present, Genertec has 31 subsidiaries in China, among which 2 companies are listed in Shanghai stock market and 50 overseas organizations. More than 44,000 employees are working for Genertec.
Genertec is specialized in five sectors, including equipment manufacturing, trade and engineering contracting, pharmaceutical industry, technical services and consultancy and construction and real estate. Most of the key subsidiaries have a history of over 50 years and played important role in relevant industries or industry segments and made great contribution to national economic construction and social development. Genertec boasts of strong integration service and resource integration capabilities to provide our clients with package solution including market exploration, commercial services, financing services, key equipment manufacturing, engineering design and construction and technical & consulting services. With its worldwide marketing, sales and logistic networks and integrated operation capabilities, Genertec has formed steady trade and cooperative relations with more than 100 countries and regions. A group of national engineering research centers, key laboratories, inspection and testing institution and state accredited enterprise technical center of Genertec have equipped us with technical innovation capabilities and the most effective patents among central SOEs. Genertec has formed strategic cooperation with large enterprises and financial institutions both at home and abroad has recruited high-quality talents with rich experience, has high-quality assets and strong investment and financing capabilities.
Since 2007, focusing on the implementation of the strategy of transformation and upgrading with the promotion of industry transformation and business mode restructuring as its core, Genertec has realized leapfrog development, rapid expansion of operation scale, increase of economic returns and optimization of industrial structure. The integration of scientific research, manufacturing and trade has preliminarily taken shape with core competitiveness strengthened.
Looking into the future, Genertec will unswervingly follow the Scientific Approach of Development, accelerate the transformation of development mode, balance the relation between growth on expansion & capability building and strategic expansion & control. Following the strategy, Genertec will grasp opportunities, integrate resources and strengthen ourselves by science, technology and recruitment of talents. Genertec will prioritize the development of equipment manufacturing; vigorously innovate trade and engineering contracting; accelerate the consecutive development of pharmaceutical industry; speed up the development of technical service and consultancy and coordinate the steady development of construction and real estate industry, endeavoring to transform itself to equipment manufacturer, trade and engineering integration service provider, pharmaceutical manufacturer and supplier, technical and consulting service provider, construction and land agent to realize transformation and upgrading and to build up a scale enterprise group of international competitiveness integrating scientific research, manufacturing and trade. |