[5 central SOEs turned into state-owned capital investment companies] Recently, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Notice on Matters Concerning the Reform of State-owned Capital Investment Companies", and five companies including China Baowu, SDIC, China Merchants Group, China Resources Group and China National Building Materials Group were officially converted into state-owned capital investment companies. Editor/Ma Xue

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• 2026.07.15 10:45
• [TBEA’s First Self-Developed UHV High-Impedance AC Transformer Passes All Tests]
• TBEA has independently developed the first prototype of ultra-high voltage high impedance AC transformer in the manufacturing industry, and multiple parties have witnessed its one-time passing of all testing and trials. The product can suppress short-circuit current in the power grid, save equipment renovation investment, and comprehensively improve the safety and stability of power grid operation. Editor/Min Jing

• 2026.07.15 10:44
• [Chinese Equipment Supplied to Zhanaozen Gas Processing Plant in Kazakhstan]
• The Zanaojin Natural Gas Processing Plant in Mangystau Oblast, Kazakhstan has invested 216 billion tenge in steady construction, with over 90% of the pending equipment produced in China and a manufacturing completion rate of 48.3%. The project will be put into operation in 2027, with both new and old gas plants operating simultaneously to expand local natural gas deep processing capacity. Editor/Min Jing