About

Company Overview

China General Technology (Group) Holding Co., Ltd (Genertec) is a prominent, wholly state-owned enterprise established in March 1998. Formed through the strategic restructuring of state-owned foreign trade enterprises in China, Genertec focuses on integrating various sectors, including foreign trade, technology, and manufacturing.

History & Background

Genertec emerged from the consolidation of six subsidiaries of the former Ministry of Foreign Trade and Economic Cooperation, each with a rich history spanning approximately 50 years. This restructuring has enabled Genertec to leverage the strengths of its constituent companies, enhancing its market competitiveness, resilience, and profitability. Over the past five years, Genertec has experienced stable growth in its core foreign trade business, maintaining an impressive annual import and export volume around US$7 billion. This achievement has positioned the company among the top 10 largest foreign traders in China.

Products & Services

Genertec’s extensive portfolio includes a wide range of products and services, primarily focusing on foreign trade. The company is actively involved in sectors such as medical products, financial services, and real estate development. Genertec has also made significant strides in research, manufacturing, and trading of medical products through strategic investments and mergers. The integration of advanced production methods and technological innovations further enhances its service offerings.

Quality & Innovation

Genertec is committed to maintaining high-quality standards across its operations. The company has consistently showcased its ability to preserve and appreciate state assets, with an average annual growth rate exceeding 108% over the past years. Its assets and liabilities ratio has improved significantly, indicating robust financial health and operational efficiency.

Mission & Values

At the core of Genertec’s operations is a commitment to excellence, customer satisfaction, and sustainable growth. The company aims to harness technological advancements to drive innovation and enhance its business practices, ensuring long-term success and a positive impact on the economy.

Additional Information

With total assets reaching 18.7 billion yuan by the end of 2002 and a notable increase in net assets both domestically and internationally, Genertec is well-positioned for future growth. The company’s strategic investments and diversification into new business areas signal a forward-thinking approach that will continue to shape its trajectory in the industry.