China First Heavy Industries [601106.SS] Stock Forecast

China First Heavy Industries manufactures and sells heavy duty equipment in the People's Republic of China and internationally. It offers nuclear power equipment; petrochemical equipment, such as coal liquefaction reactors, hydrogenation reactors, PTA and EO reactors, oversized heat exchangers, coal gasifiers, etc.; metallurgical equipment, including casting machines, converters and electric furnaces, tandem cold rolling mills, hot strip rolling mills, sectional beam rolling mills, long product rolling mills, shearing lines, plate levelers, slab sizing presses, and coilers; forging equipment comprising mechanical, hot die forging, stretcher leveler, and hydraulic forging presses; and engineering equipment, such as mining excavators, shield tunneling machines, and plate bending machines. The company serves steel, non-ferrous, electric power, energy, automobile, mining, petroleum, chemical, transportation, and military industries. China First Heavy Industries was formerly known as First Heavy Machinery Works. The company was founded in 1954 and is headquartered in Qiqihar, the People's Republic of China.