Established in 1998, China General Technology (Group) Holding Co Ltd, commonly known as Genertec, is a centrally administered State-owned enterprise, which is directed by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). It was approved by the government as a pilot enterprise of State-owned capital investment in December 2018. It owns 4 listed companies - Genertec Shenyang Machine Tool Co Ltd, Genertec Universal Medical Group Co Ltd, China Meheco Group Co Ltd, and Chinatesta Textile Testing & Certification Services.

The Company Statement
October 20, 2023

The USA has imposed sanctions on three companies based in China, as reported by the US Department of Defense. One of these companies, General Technology Limited, was involved in the supply of soldering materials used to connect components in rocket engines for ballistic missiles and in the production of combustion chambers.The companies were involved in activities or agreements that significantly contributed to the proliferation of weapons of mass destruction or the means of their delivery, including missiles capable of delivering such weapons.

October 21, 2023The US imposed sanctions against three companies from China for the proliferation of ballistic missiles
October 21, 2023The US has imposed sanctions against organizations that help distribute ballistic missiles
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