China Electronics Technology Group
|Industry||Defence, Electronics, Telecommunications, IT|
|Founded||March 1, 2002|
|Xiong Qunli (Chairman and President)|
|Products||Radars, Unmanned aerial vehicles, Electronic equipment, Telecommunications equipments, Software, Internetworking|
|Revenue||220,427,000,000 renminbi (2018)|
|CN¥ 188 billion (2016)|
|CN¥ 18.31 billion (2016)|
|Total assets||$51.672 million |
|Owner||Chinese Central Government (via State Council) (100%)|
Number of employees
|Parent||State-owned Assets Supervision and Administration Commission|
|Subsidiaries||CET HIK Group (100%)|
|China Electronics Technology Group Corporation|
|Literal meaning||China Electronics Technology|
China Electronics Technology Group Corporation (CETC) (zhongguo dianzi keji jituan gongsi), established in 2002, is a Chinese state-owned company. Its fields include communications equipment, computers, electronic equipment, software development, research services, investment and asset management for civilian and military applications. It was founded with the stated goal of leveraging civilian electronics for the benefit of the People's Liberation Army.
China Electronics Technology Group Corporation was founded in March 2002 by the Minister of Information Industry. The company is located in Beijing, Shanghai, Tianjin, Guangdong, Sichuan, Shaanxi and 18 other provinces. CETC has been the intended recipient of several prosecuted acts of industrial espionage in the U.S.
In 2012, CETC celebrated their tenth anniversary and had 80,000 employees at the time.
In March 2016, the government tasked the company with developing software to identify potential terrorists; using data on jobs, hobbies, consumption habits, and other behaviors.
In June 2017, CETC successfully launched the world's largest fixed-wing drone swarm to date. The drones in the swarm were a commercial fixed-wing model produced by Skywalker Technology, a Wuhan-based company.
In August 2020, the Bureau of Industry and Security placed four CETC subsidiaries on its Entity List for their work to militarize artificial islands in the South China Sea. In September 2020, a CETC subsidiary named Zhenhua Data was implicated in a leak of intelligence gathering information on individuals worldwide.
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 CETC.
- CET HIK Group (100%)
- Hikvision (41.87%)
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The facial scanner is made by China Electronics Technology Group (CETC), a state-owned defense contractor that has spearheaded China’s fast-growing field of predictive policing with Xinjiang as its test bed. The AP found 27 CETC bids for Xinjiang government contracts, including one soliciting a facial recognition system for facilities and centers in Hotan Prefecture.
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