China Ordnance Industry Corporation's main business includes: state-owned assets investment and management; Tank armored vehicles, artillery, rocket launchers, rockets, missiles, shells, bullets, bombs, aerial bombs, deep-water bombs, fuzes, initiating explosive devices, explosives, propellants, warheads, fire control command equipment, individual weapons, night vision equipment, optical products, electronic and optoelectronic products, engineering blasting and chemical defense equipment and simulation training equipment, civilian guns and ammunition, machinery, vehicles, instruments. Petrochemical and mineral resources development; Investment management of civil blasting equipment enterprises; Goods storage and land transportation; Engineering survey and design, construction, contracting and supervision; Equipment installation, etc. The group company has a number of national key laboratories and a large number of high-level laboratories, with first-class research and development conditions.
the group company has undertaken a number of national key projects and developed a number of high-tech weapons and equipment with international standards, which has greatly improved the research ability and level of key national defense basic technologies such as power transmission, infrared night vision, inertial navigation, explosives, fuze initiating explosive devices and special materials, and initially realized the platform lightweight, long-range strike, ammunition guidance, high damage efficiency and infrared night vision industrialization, and further consolidated and strengthened the basic position of the weapons industry in national defense modernization. Through the efforts of the Tenth Five-Year Plan, the weapon industry has entered the world's advanced ranks in many fields such as long-range suppression and amphibious assault. The whole system has initially established a two-level system of civilian product research and development with the company-level key product development center as the core and the technical development institutions of member units as the basis. It has core technologies in many product fields such as heavy vehicles, special equipment and special chemicals, and has 9 civilian product development centers and engineering research centers, including 2 national enterprise technology centers and 22 provincial and ministerial centers.
the group company adheres to the policy of combining military and civilian, makes full use of the advantages of military technology and resources, and actively devotes itself to the commercialization of military technology. After years of efforts, the competitiveness of civilian products in the market is increasing day by day. In the development of civilian products, three high-tech industries of combining military and civilian products, namely, heavy equipment and vehicles, special chemicals and petrochemicals, and photoelectric materials and devices, have initially formed. Some key civilian products have a high market share in China, and some of them have already ranked among the top in the international and domestic markets. The market share of more than 2 civilian products such as TDI, nitrotoluene, cellulose, plastic pipes, activated carbon, oil drilling tools and train shafts ranks first in the country.
in terms of strategic resources, the group company has owned some oil fields and rare metal mines abroad. At the same time, leading and superior civilian products such as heavy-duty vehicles, mining vehicles, construction machinery and railway vehicles have also entered the international market in batches and successfully won a number of major export contracts.