CITIC Heavy Industries Co., Ltd. engages in the research, development, manufacture, and sales of heavy machinery. It operates through the following segments: Heavy Equipment Industry and New Energy Equipment Industry. The Heavy Equipment Industry segment provides host products and key basic components for mining, building materials, metallurgy, coal, petrochemicals, water conservancy and electric power. The New Energy Equipment Industry segment develops offshore wind power business and implements national strategic deployment and also provides steam turbine generator sets, wide temperature domain, high safety energy storage and power batteries. The company was founded on July 19, 1983 and is headquartered in Luoyang, China.