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China South Industries Group information


China South Industries Group Corporation
Native name
中国南方工业集团公司
Company typeState owned
IndustryDefense, automotive
FoundedJuly 1999; 24 years ago (1999-07)
Headquarters
Haidian District, Beijing
,
China
Area served
Worldwide
Key people
Xu Ping (Chairman)
Gong Yande (President)
ProductsMunitions, Firearms, Artillery, Explosive, Combat vehicle, Radar, Electro-optical devices, Commercial vehicles, Automobile parts
Revenue4,610,000,000 United States dollar (2019) Edit this on Wikidata
Net income
268,000,000 United States dollar Edit this on Wikidata
Total assets48,400,000,000 United States dollar Edit this on Wikidata
Number of employees
172,030 (December 2013)
ParentSASAC
Websitewww.csgc.com.cn
China South Industries Group Corporation
Simplified Chinese中国南方工业公司
Traditional Chinese中國南方工業公司
Alternative Chinese name
Simplified Chinese中国兵器装备集团公司
Traditional Chinese中國兵器裝備集團公司

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]

  1. ^ 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.
  2. ^ 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.
  3. ^ 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.
  4. ^ 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.

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