![]() CITIC HIC CITIC HIC (CITIC Heavy Industries Co., 中信重工机械股份有限公司) is a manufacturer and seller of heavy equipment. | ![]() China First Heavy Industries China First Heavy Industries (CFHI, 中国第一重型机械股份公司) is a company that manufactures metalwork machinery equipment. | |||
Founding Date | Founding Date 1986 | Founding Date 1956 | Founding Date 1958 | Founding Date 1954 |
Type | Type Private | Type Public | Type Public | Type Public |
Tags | ||||
Locations | Locations Allendale Charter Township, US HQ | Locations Luoyang, CN HQ Silverwater, AU Cape Town, ZA O Porriño, ES | Locations Jiaozuo, CN HQ Neckarsulm, DE Romulus, US | Locations Qiqihar, CN HQ Beijing, CN Beijing, CN Dalian, CN Dalian, CN Harbin, CN Tianjin, CN |
Employees | Employees 405% decrease | Employees 6,983 | Employees 5,686 | Employees 8,401 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 2.7 b | Valuation ($) 496.7 m | Valuation ($) 3 b |
Financial | ||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) ¥8b (FY, 2025) | Revenue (est.) ¥3.1b (FY, 2024) | Revenue (est.) ¥9.6b (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods ¥6.6b (FY, 2025) | Cost of goods ¥2.5b (FY, 2024) | Cost of goods ¥8.5b (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit ¥1.4b (FY, 2025) | Gross profit ¥814.6m (FY, 2024) | Gross profit ¥1.2b (FY, 2025) |
Net income | Net income N/A | Net income ¥366.3m (FY, 2025) | Net income ¥234.5m (FY, 2024) | Net income (¥119m) (FY, 2025) |

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