China Electronics Corporation

China Electronics Corporation (CEC) is one of the key state-owned conglomerates directly under the administration of central government, and the largest state-owned IT company in China. It was established in 1989 and originated from the former Ministry of Electronics Industry as a result of government restructuring. CEC administrates a constellation of well-known IT companies in China; it currently controls 61 second level subsidiaries, including 13 listed holding companies. CEC owns large-scale manufacturing bases in Beijing, Shanghai, Wuhan, Shenzhen, NanjingChangsha, Xiamen, etc. Total employee now is over CEC provides design, development, manufacturing, sales and service in semiconductor and electronics components, computer and core computer parts, software and system integration, telecommunication and consumer electronics; CEC also engages in e-commerce, logistic and information service, electronic engineering design and contracts. By the end of 2006, CEC has total assets around USD 7.1 billion and sales revenue around USD 8 billion. CEC has marketing networks covering hundreds of cities in China. It is an important player in fields of national informationization and state information security. CEC highly values innovation, making it the core element in its development. In the fields of semiconductor, computer software & hardware, telecommunication equipment and mobile handsets, CEC has a far-reaching influence and strong competitiveness. Under its global market strategy, CEC has established a complete, multilayer partnership with many well-known global companies. Its business footprint covers over one hundred countries and regions in the world.