CITIC Heavy Industries Co., Ltd.
CITIC Heavy Industries Co., Ltd. (中信重工机械股份有限公司) is a Chinese joint-stock company registered in Luoyang, Henan Province, under registration number 410300110053941, with its status recorded as active by the State Administration for Market Regulation (SAMR) via the National Enterprise Credit Information Publicity System (GSXT). The company was established as a joint-stock company on 26 January 2008, through the restructuring of its wholly state-owned predecessor, CITIC Heavy Machinery Company, into a joint-stock enterprise ahead of a public listing.
The site’s industrial history is considerably older than the 2008 joint-stock entity: the operation traces back to the Luoyang Mining Machinery Factory (洛阳矿山机器厂), one of the 156 key industrial projects built under China’s First Five-Year Plan, whose construction began in the mid-1950s. Published sources differ on the exact founding year, variously citing 1954 and 1956, and neither figure matches the placeholder-style date of 1 January 1958 that appears in the on-file registry extract for this entity. In 1993 the factory was brought into the CITIC Group conglomerate and renamed CITIC Heavy Machinery Company; it operated in that form until the January 2008 restructuring created the present joint-stock company. CITIC Heavy Industries Co., Ltd. subsequently listed its A-shares on the Shanghai Stock Exchange on 6 July 2012 under ticker 601608, with registered capital reported at approximately CNY 4.58 billion.
CITIC Heavy Industries designs, manufactures and sells large-scale equipment for the mining, cement, metallurgical and building-materials industries, together with heavy castings and forgings, complete engineering systems, robotics and intelligent equipment, and new-energy equipment. It operates within the Advanced Manufacturing / Heavy Industries segment of CITIC Group, the state-owned conglomerate, serving both domestic Chinese customers and export markets. Its registered address is in the Jianxi District of Luoyang, Henan Province.
Detailed consolidated financial results, headcount and the current scope of overseas operations are disclosed in CITIC Heavy Industries’ periodic filings with the Shanghai Stock Exchange. These figures were not independently confirmed from a primary filing during this research and are not stated here to avoid repeating unverified secondary reporting. An active SAMR registration status does not by itself confirm the current scale or profitability of the company’s operations.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
1
Shareholders of CITIC Heavy Industries Co., Ltd.
CITIC Heavy Industries Co., Ltd. is a Shanghai Stock Exchange-listed company (ticker 601608), so its full shareholder register is not published in a single public document; only holdings that cross regulatory reporting thresholds are individually disclosed in periodic filings. The on-file shareholder record for this company lists a single holder, “Vanguard International Stock Index-Emerging Markets Stk,” recorded at a 100% shareholding as of 2 August 2026. This record could not be corroborated during this research and is inconsistent with the company’s public profile as a majority state-controlled enterprise; it should be treated as unverified and possibly a data error rather than a reliable statement of ownership.
Independent secondary reporting (financial-data providers, not a primary SSE or CSRC filing accessed directly in this research) identifies CITIC Group Corporation, the state-owned parent conglomerate, as the company’s largest shareholder, with a stake commonly cited at approximately 59.5% of share capital. This percentage was not independently confirmed against a primary shareholder-disclosure filing during this research and should be treated as indicative rather than verified.
Ultimate beneficial ownership
No individual ultimate beneficial owner can be reliably identified from the sources reviewed. CITIC Group Corporation is a wholly state-owned enterprise supervised by China’s State Council; attributing a natural-person UBO to a state-owned conglomerate of this kind is not supported by the available evidence, and no such attribution is made here.
Data availability
Shareholder disclosure for this company is classed as partial: SSE-listed issuers must report their top shareholders periodically, but this research did not obtain a directly-read primary filing confirming current percentages, and the on-file shareholder record does not match independently reported information. Readers should treat all percentages in this section as unverified pending confirmation from a primary SSE or CSRC filing.
Sources
SAMR / GSXT company record (https://www.gsxt.gov.cn), on-file registry data synchronised 11 August 2026. Secondary financial-data aggregators reporting CITIC Group Corporation’s shareholding, retrieved 17 September 2026 — not independently verified against a primary filing.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Vanguard International Stock Index-Emerging Markets Stk | 100% | SAMR — public search via GSXT (National Enterprise Credit Information Publicity System) |
Officers
7
Directors and officers of CITIC Heavy Industries Co., Ltd.
The on-file officer record for CITIC Heavy Industries Co., Ltd. lists five active officers out of seven on record, with work status shown as “ACTIVE” for each and no appointment or resignation dates recorded: Qingchun Wang (Financial Director & CFO), Langlang Cui (Deputy General Manager), Zhiyong Zhang (President, General Manager & Director), Bing Hao (Deputy General Manager) and Guoyuan Xiong (Deputy General Manager). This on-file list was last synchronised on 11 August 2026.
Secondary financial reporting reviewed on 17 September 2026 (a financial-data page, not a primary SSE filing accessed directly) names different current leadership, including a Chairman appointed 23 June 2026, a President/General Manager appointed 6 May 2025, a Board Secretary appointed 29 September 2021, and a Supervisory Board Chairman appointed 23 September 2025. This conflicts with the on-file record, which still shows Zhiyong Zhang as President, General Manager & Director with no recorded end date. Given the conflict, and the risk of misattributing transliterated Chinese personal names from a secondary source, individual names from that source are not repeated here; the discrepancy indicates the on-file officer data may be outdated and should be re-verified against the company’s current annual report or an SSE announcement before being relied upon.
Recent officer changes
Secondary reporting indicates a change of President/General Manager effective 6 May 2025 and a change of Chairman effective 23 June 2026, but neither change is confirmed here against a primary filing, so it is not possible to state with confidence whether the on-file “President, General Manager & Director” role is still held by the previously recorded person.
Data availability
Officer information for Chinese SSE-listed companies is publicly available in principle through SAMR/GSXT registry records and SSE-filed governance disclosures, but nationality is not disclosed in either the on-file record or the secondary source reviewed, and is not inferred here from any officer’s name or correspondence address. One on-file record shows a correspondence-country code of Belgium for the Financial Director & CFO; this is treated strictly as a correspondence address and not as evidence of nationality or residence. Overall availability for this profile is classed as partial, with appointment/resignation dates and current-role data both incomplete.
Sources
On-file registry-derived officer record (SAMR/GSXT, https://www.gsxt.gov.cn), synchronised 11 August 2026. Secondary financial-data page reviewed 17 September 2026, not independently verified against a primary SSE filing.
Registry feed — rows exactly as filed with SAMR — public search via GSXT (National Enterprise Credit Information Publicity System), including entries the profile above does not cover.
Group Structure
Group structure of CITIC Heavy Industries Co., Ltd.
CITIC Heavy Industries Co., Ltd. is part of the CITIC Group corporate structure: CITIC Group’s own official website lists “CITIC Heavy Industries” within the Heavy Industries segment of its Advanced Manufacturing portfolio, which is treated here as authoritative confirmation that the company forms part of the CITIC Group structure. On-file corporate-linkage data for this company is empty (recorded as null), so this relationship is drawn entirely from external research rather than the on-file record.
Secondary financial-data reporting (not a primary SSE or CSRC ownership filing accessed directly in this research) describes CITIC Group Corporation as the company’s controlling shareholder, with a stake commonly cited at approximately 59.5% of share capital. Because this percentage could not be independently confirmed against a primary filing, the relationship is presented here as a verified group affiliation, via CITIC Group’s own official website, but with an unverified ownership percentage. No immediate holding company distinct from CITIC Group Corporation was confirmed; if one exists in the ownership chain, it was not identified in this research.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| CITIC Group Corporation | China | Not found | Ultimate parent (verified affiliation; ownership unverified) | Ownership percentage not disclosed in a primary filing reviewed here; secondary sources report approximately 59.5% | Active | 17 September 2026 |
Data availability
Corporate-linkage information for this company is classed as partial: the group affiliation with CITIC Group is confirmed via CITIC Group’s own official website, but no direct or indirect subsidiaries, sister companies, or a precise filing-sourced ownership percentage could be confirmed within the scope of this research. No recent acquisitions, disposals or reorganisations affecting this entity were identified.
Sources
CITIC Group Corporation official website (https://www.group.citic/en/Diversified_Portfolio/Advanced_Make/Heavy_Industries/), retrieved 17 September 2026. Secondary financial-data sources reporting CITIC Group’s shareholding percentage, retrieved 17 September 2026 — not independently verified against a primary filing.
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Frequently Asked Questions
What is the legal name of this company?
The company's registered legal name is CITIC Heavy Industries Co., Ltd. (Chinese: 中信重工机械股份有限公司), registered in Luoyang, Henan Province, China, under registration number 410300110053941.
Where is CITIC Heavy Industries registered and what is its current status?
It is registered in the Jianxi District of Luoyang, Henan Province, China. Its status is recorded as active by the State Administration for Market Regulation (SAMR) via the National Enterprise Credit Information Publicity System (GSXT), as of the last on-file synchronisation on 11 August 2026.
When was CITIC Heavy Industries Co., Ltd. established as a legal entity?
The joint-stock company was established on 26 January 2008, through the restructuring of its predecessor, the wholly state-owned CITIC Heavy Machinery Company, into a joint-stock enterprise ahead of its 2012 stock-exchange listing.
Does the company's history go back further than 2008?
Yes. The operation traces back to the Luoyang Mining Machinery Factory, one of 156 key industrial projects built under China's First Five-Year Plan, whose construction began in the mid-1950s. Sources differ on the exact founding year, citing either 1954 or 1956. In 1993 the factory was brought into CITIC Group and renamed CITIC Heavy Machinery Company, before its 2008 restructuring into the present joint-stock entity.
Is the on-file incorporation date of 1 January 1958 accurate?
It does not appear to be accurate as stated. It matches neither the mid-1950s founding years (1954 or 1956) reported for the original Luoyang Mining Machinery Factory, nor the 26 January 2008 date on which the present joint-stock legal entity, CITIC Heavy Industries Co., Ltd., was established. The 1 January 1958 date follows a common placeholder pattern (a bare year with 1 January) and should be corrected or clarified in the on-file record to distinguish the historical factory's founding from the current legal entity's 2008 incorporation.
Is CITIC Heavy Industries Co., Ltd. listed on a stock exchange?
Yes. Its A-shares have traded on the Shanghai Stock Exchange under ticker 601608 since the company's initial public offering on 6 July 2012.
What does CITIC Heavy Industries Co., Ltd. do?
It designs, manufactures and sells large-scale equipment for the mining, cement, metallurgical and building-materials industries, along with heavy castings and forgings, complete engineering systems, robotics and intelligent equipment, and new-energy equipment.
What was the registered capital of CITIC Heavy Industries at establishment?
Secondary company-profile sources report registered capital of approximately CNY 4.58 billion (stated as 457,955 (in units of 10,000 CNY)) following the 2008 restructuring. This figure was not independently verified against a primary SSE filing during this research.
Who is the largest shareholder of CITIC Heavy Industries Co., Ltd.?
Secondary financial-data reporting identifies CITIC Group Corporation, the state-owned conglomerate, as the largest shareholder, with a stake commonly cited at approximately 59.5%. This percentage was not independently confirmed against a primary SSE or CSRC filing during this research and should be treated as indicative.
Does the on-file shareholder record match this finding?
No. The on-file shareholder record lists a single holder, "Vanguard International Stock Index-Emerging Markets Stk," at 100%, which is inconsistent with CITIC Heavy Industries' public profile as a majority state-controlled enterprise and could not be corroborated. It should be treated as unverified and possibly erroneous.
Is there a verified ultimate beneficial owner (natural person)?
No individual UBO can be reliably identified. CITIC Group Corporation is a wholly state-owned enterprise, and no natural-person beneficial owner is attributed to it in this profile.
Who are the current directors and officers of CITIC Heavy Industries?
The on-file record lists five active officers, including Zhiyong Zhang as President, General Manager & Director. However, secondary reporting reviewed on 17 September 2026 points to more recent leadership changes, including a new President/General Manager appointed 6 May 2025 and a new Chairman appointed 23 June 2026, which are not reflected in the on-file record. This discrepancy should be resolved by checking the company's current annual report or an SSE governance announcement.
What is CITIC Heavy Industries' relationship to CITIC Group?
CITIC Group's own official website lists CITIC Heavy Industries within the Heavy Industries segment of its Advanced Manufacturing portfolio, confirming a group affiliation. Secondary sources describe CITIC Group Corporation as the controlling shareholder, though the precise ownership percentage was not independently verified against a primary filing.
Does CITIC Heavy Industries have verified subsidiaries?
Not found. No direct or indirect subsidiaries of CITIC Heavy Industries Co., Ltd. could be confirmed within the scope of this research.
What was the company called before it became CITIC Heavy Industries Co., Ltd.?
Before its 2008 restructuring it was known as CITIC Heavy Machinery Company (from 1993). Before that, and before being brought into CITIC Group, the operation was known as the Luoyang Mining Machinery Factory.