China Automation Group Limited was successfully listed on the Main Board of The Stock Exchange of Hong Kong on 12 July 2007. The Group sees it an opportunity and a growth driver to steer a rapid development trend. China Automation Group is a visionary company that strives for betterment on a reliable and sound basis. With the dedication to its core business, the Group targets to become the best-in-class company for automation system and railway signalling products in the international arena.
China Automation Group is the largest provider of safety and critical control systems in China, specializing in providing safety and critical control systems and total solutions. It owns one of the only four licenses in China granted by the Ministry of Railways of the PRC for the provision of railway signal products. The Group's railway signal products and its solution are widely applied to railway and inter-city light rail sectors in China.
While leveraging the listing as a platform to further raise funds, China Automation Group unleashes its competitive edges by expanding its production capacity and thus increasing its revenue. We focus on technical products in petrochemical safety and railway signaling. These are also the Group's two main drivers for growth with the former holding the largest market share in China, while the latter demonstrates a huge growth potential.
Currently, the financial crisis affects the global industrial growth. The Group meticulously evaluates the impact of the crisis on the market demand, and implement a feabsible development plan after taking into account the realities of petrochemical and railway signaling sectors. We aim to turn the present crisis into an opportunity for future growth and distinguish ourselves by our outstanding performance in such unfavourable market situation.
Adhering to our key values of "protection of safety by technology", China Automation Group is devoted to offering secured and reliable hi-tech products for our users in petrochemical and railway signaling sectors by using the world's advanced control technology and humanized scientific program design as well as readily available customer service. With all these elements, the Group is well positioned in the China market to become a hi-tech company with global competitiveness, striving for creating value for its users and bringing returns to its investors.
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