China Hi-Tech Group Corporation
Corporate brand
UnclaimedChina Hi-Tech Group Corporation is a Chinese state-owned conglomerate focused primarily on textiles, machinery, commercial vehicles, automotive components, and related industrial businesses.
Last updated August 26, 2026
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Overview
China Hi-Tech Group Corporation, commonly abbreviated as CHTC and also associated with the Hengtian name in its automotive activities, is a Chinese state-owned industrial conglomerate. Its principal business center is the textile sector, but the group has also built a portfolio spanning textile machinery, commercial vehicles, diesel engines, buses, trucks, special-purpose vehicles, and industrial investments. The company is controlled by the Chinese central government through the State-owned Assets Supervision and Administration Commission of the State Council, or SASAC. CHTC operates primarily as a holding and industrial-management group rather than as a single consumer-facing product brand. Its portfolio has included substantial interests in listed companies such as Jingwei Textile Machinery, Kama, and CHTC Fong's Industries. It has also held minority stakes in CHTC Helon and Huaxun Fangzhou. These holdings have given the group exposure to textile equipment, textile manufacturing, industrial machinery, commercial vehicles, and other engineered products. The company's automotive expansion began in 2008, when it entered the vehicle business through a reorganization of Kama's commercial-vehicle and diesel-engine operations. The group subsequently developed an automotive division known as CHTC Auto or Hengtian, placed within its heavy-industry activities. During the early 2010s, CHTC added manufacturing and engineering assets through new incorporations, acquisitions, and reorganizations. These included Zhengzhou Hongda Automobile Industry, Bonluck, Hebei Lida Special Vehicle, Hubei Xinchufeng Automobile, Hengtian Power, and Dadi Auto. The resulting portfolio covered trucks, buses, pickups, diesel engines, and special vehicles. CHTC introduced the Tuteng line of pickups in 2012, using technology associated with Dadi Auto, and expanded the line with the Tuteng T3 in 2013. The group also pursued international industrial assets. It owned Dutch truck manufacturer GINAF from early 2012 until late 2020 and participated in a joint venture that acquired assets of Slovenian bus manufacturer TAM in 2013. In June 2017, CHTC became a wholly owned subsidiary of Sinomach as part of a broader restructuring intended to reduce the number of companies directly controlled by SASAC. Around the same period, it sought to become the largest shareholder of truck and special-vehicle manufacturer Hualing Xingma. The proposed transaction involved CHTC receiving a 15.24 percent stake and transferring Hubei Xinchufeng in exchange for shares. The Hubei Xinchufeng portion of the transaction encountered complications, and the overall agreement was cancelled in October 2017 because the investment protections were considered insufficient. CHTC's positioning is therefore best understood as that of a state-owned industrial platform: it combines textile-sector capabilities with heavy machinery and vehicle manufacturing, uses subsidiaries and equity holdings to organize operations, and has periodically expanded through restructuring, acquisitions, and strategic investments. Detailed current information about its headquarters, executive leadership, official website, and present product portfolio is not established by the supplied reference material.
History
China Hi-Tech Group Corporation is a centrally controlled Chinese state-owned industrial group whose historical base is in textiles and textile machinery. The group has operated through subsidiaries and equity interests rather than relying on one unified consumer brand. Its portfolio has included major positions in Jingwei Textile Machinery, Kama, and CHTC Fong's Industries, as well as minority interests in CHTC Helon and Huaxun Fangzhou. These investments connected the group to textile production equipment, industrial machinery, manufacturing, and related engineered products. The group began a significant diversification into automotive activities in 2008. This expansion followed the reorganization of Kama's commercial-vehicle and diesel-engine operations and led to the development of a vehicle platform commonly referred to as CHTC Auto or Hengtian. The automotive activities were associated with CHTC's heavy-industry group and eventually covered commercial vehicles, buses, trucks, pickups, diesel engines, and special-purpose vehicles. In 2010, CHTC broadened its vehicle operations by establishing Zhengzhou Hongda Automobile Industry and acquiring bus producer Bonluck. In March 2011, its heavy-industry activities incorporated Hebei Lida Special Vehicle. Separately, Jingwei Textile Machinery established Hubei Xinchufeng Automobile in June 2010, with parts of that operation later reorganized as Hengtian Automobile. Kama's Nanchang diesel-engine operation was reincorporated as Hengtian Power in May 2011. In November 2011, CHTC acquired pickup and truck producer Dadi Auto, which was reorganized as Hengtian Dadi Automobile in October 2012. The Dadi-related assets supported the group's first CHTC-badged pickup products. The Tuteng T1 and T2 were introduced in 2012, followed by the more upscale Tuteng T3 in 2013. These products represented an attempt to give CHTC a clearer vehicle identity while retaining the industrial and commercial-vehicle orientation of the wider group. CHTC also pursued international expansion. From early 2012 through late 2020, it owned Dutch truck manufacturer GINAF. In 2013, it participated in a joint venture that acquired assets of Slovenian bus producer TAM. These moves extended the group's access to overseas engineering, vehicle manufacturing, and commercial-vehicle markets, although the supplied material does not establish the full operating scope or commercial results of those investments. In June 2017, CHTC became a wholly owned subsidiary of Sinomach, another enterprise controlled by SASAC. The restructuring formed part of a central-government effort to reduce the number of enterprises directly supervised by SASAC while consolidating related industrial resources under larger groups. The same year, CHTC sought to take control of a 15.24 percent interest in truck and special-vehicle manufacturer Hualing Xingma, which would have made it the largest shareholder. The proposal was linked to a planned transfer of Hubei Xinchufeng in exchange for shares. Hualing Xingma later reported that complexities prevented the Hubei Xinchufeng acquisition, and CHTC announced in October 2017 that the broader agreement had been cancelled because adequate investment safeguards were not available. Overall, the documented history of China Hi-Tech Group Corporation is one of state-directed industrial diversification. Its textile foundation remains central, while its vehicle and heavy-industry activities illustrate a strategy of building scale through reorganizations, acquisitions, new subsidiaries, and equity investments. The reference material does not provide reliable details about current executives, headquarters, official web presence, or the precise status of every historical subsidiary, so those fields remain unfilled.
- 2020
End of GINAF ownership period
[1]CHTC's ownership of Dutch truck manufacturer GINAF ended in late 2020.
- 2017
Transfer into Sinomach
[1]CHTC became wholly owned by Sinomach through a SASAC restructuring.
- 2017
Cancellation of Hualing Xingma agreement
[1]The proposed transaction involving a stake in Hualing Xingma and the transfer of Hubei Xinchufeng was cancelled.
- 2013
Launch of Tuteng T3
[1]CHTC expanded the Tuteng range with the T3, positioned as a more upscale version of the T2.
- 2012
Launch of Tuteng pickups
[1]The group introduced the Tuteng T1 and T2 pickups using technology associated with Dadi Auto.
- 2011
Creation of special-vehicle and power subsidiaries
[1]CHTC incorporated Hebei Lida Special Vehicle and reorganized Kama's Nanchang diesel-engine company as Hengtian Power.
- 2011
Acquisition of Dadi Auto
[1]CHTC acquired pickup and truck manufacturer Dadi Auto, later reorganizing it as Hengtian Dadi Automobile.
- 2010
Expansion of vehicle operations
[1]The group established Zhengzhou Hongda Automobile Industry, acquired Bonluck, and developed additional commercial-vehicle capabilities.
- 2008
Entry into automotive activities
[1]CHTC entered the automotive business after reorganizing Kama's commercial-vehicle and diesel-engine operations.
Products and positioning
A Chinese state-owned industrial conglomerate and holding platform centered on textiles, textile machinery, heavy industry, and commercial vehicles.
Industrial machinery
Textile machinery
Textile machinery is the group's core industrial category. Through companies including Jingwei Textile Machinery, CHTC has been associated with equipment and manufacturing capabilities serving textile production. The supplied references do not specify a complete current catalog, individual machine families, or present product branding.
Commercial vehicles · 2008
Hengtian commercial vehicles
The Hengtian or CHTC automotive activities covered commercial trucks and related heavy vehicles. They were assembled through reorganizations and acquisitions involving Kama, Hubei Xinchufeng, Dadi Auto, and other vehicle operations. The available material does not establish a complete current model range.
Pickup trucks · 2012
Tuteng T1 and T2
The Tuteng T1 and T2 were the first CHTC-badged pickups identified in the supplied reference material. Introduced in 2012, they used technology associated with Dadi Auto and represented the group's move to establish branded vehicle products alongside its broader commercial-vehicle operations.
Pickup truck · 2013
Tuteng T3
The Tuteng T3 was introduced in 2013 as a more upscale version of the Tuteng T2. It extended CHTC's pickup offering, although the supplied sources do not provide detailed specifications, markets, production volumes, or subsequent lifecycle information.
Automotive components · 2008
Diesel engines and powertrains
CHTC's automotive portfolio included diesel-engine operations inherited or reorganized from Kama. The Nanchang Kama Diesel Engine operation was reincorporated as Hengtian Power in 2011, supporting the group's commercial-vehicle and heavy-industry activities.
Commercial vehicles · 2010
Buses and special-purpose vehicles
Through Bonluck, Hebei Lida Special Vehicle, and other automotive operations, CHTC developed exposure to buses and special-purpose vehicles. The references document the businesses and transactions but do not provide a definitive current product list.
Brand decisions
2017
Transfer of CHTC to SinomachM&ABackground
SASAC sought to reduce the number of enterprises under its direct control and consolidate state-owned industrial assets.
Action taken
CHTC became a wholly owned subsidiary of Sinomach.
Aftermath
CHTC was placed within the larger Sinomach group structure.
2017
Abandoned Hualing Xingma investmentM&ABackground
CHTC proposed taking a 15.24 percent stake in Hualing Xingma and linking the transaction to a transfer of Hubei Xinchufeng in exchange for shares.
Action taken
The parties did not complete the Hubei Xinchufeng acquisition, and CHTC cancelled the overall agreement in October after determining that the investment lacked sufficient safeguards.
Aftermath
The planned change in ownership and asset exchange did not proceed.
2008
Diversification into automotive manufacturingStrategyBackground
CHTC had a primary base in textiles and sought to broaden its industrial portfolio.
Action taken
It entered automotive activities by reorganizing Kama's commercial-vehicle and diesel-engine operations.
Aftermath
The move created the foundation for the later CHTC Auto or Hengtian vehicle platform.
Sources1 sources
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