China High Speed Transmission Equipment Group Company, Ltd. (SEHK: 658) 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]
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| Industry | Gear and wind power transmission equipment manufacturing |
|---|---|
| Founded | 1969 |
| Headquarters | , |
Area served | People's Republic of China |
Key people | Chairman: Wu Yueming |
| Website | www.chste.com |
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
edit- ^ "China High Speed IPO: Wind Power Wins Big". China Venture News. 6 July 2007. Retrieved 27 June 2011.
- ^ Kennix Chim; Alison Leung (4 July 2007). "China High Speed claims best HK IPO performer crown". Reuters. Retrieved 26 June 2011.
