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China High Speed Transmission

From Wikipedia, the free encyclopedia
China High Speed Transmission Equipment Group Co., Ltd.
中國高速傳動設備集團有限公司
IndustryGear and wind power transmission equipment manufacturing
Founded1969
Headquarters,
Area served
People's Republic of China
Key people
Chairman: Wu Yueming
Websitewww.chste.com

China High Speed Transmission Equipment Group Company, Ltd. (SEHK658) or China High Speed Transmission, China High Speed, is a high-speed gear transmission equipment manufacturer in China. It is the largest wind power transmission gear manufacturer in China.[1]

China High Speed Transmission was founded in 1969, formerly Nanjing Machine Tool Repairing Plant. In 1976, the plant was expanded and transformed to a gear manufacturer and changed its name to Nanjing Gear Box Factory. In 2001, the name was changed into an incorporated company.[citation needed]

It was listed on the Hong Kong Stock Exchange in July 2007 with its IPO price of HK$7.08 per share. It closed the day at HK$14.00, nearly twice its IPO.[2]

References

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  1. ^ "China High Speed IPO: Wind Power Wins Big". China Venture News. 6 July 2007. Retrieved 27 June 2011.
  2. ^ Kennix Chim; Alison Leung (4 July 2007). "China High Speed claims best HK IPO performer crown". Reuters. Retrieved 26 June 2011.
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