CHTC integrates quality resources via merger and acquisition

摘要

As a large-scale state-owned central enterprise, China Hi-Tech Group Corporation (CHTC) (恒天集团) mainly engages in machinery, textile, real estate and investment, while textile equipment is one of its core business units. Although the textile industry is witnessing a slowdown in the past two years due to overall economic downturn, CHTC has maintained a high-speed growth.