China Electronic Corporation (also called “China Electronics” in short) was established in May 1989. In 1995, it was further authorized by the former Ministry of Electronics Industry to operate and manage the state-owned assets of all enterprises under the Ministry. In 2000, it became a key state-owned enterprise directly managed by the central government. In August 2005, the company reorganized and integrated China Great Wall Computer Group. In 2007, it reorganized and integrated 7 electronics companies in Nanjing, including Panda Electronics Group. In 2009, the company acquired TPV Technology Co., Ltd. And Solomon Systech Limited. In 2010, CEC reorganized and integrated China Zhenhua Electronics Group Corporation. In 2012, it reorganized and integrated China Jinjiang Info Industrial Co., Ltd. At the end of 2012, with the approval of the State Council, Caihong Group Co., Ltd., was entirely integrated into CEC. In 2014, Great Wall Technology Co., Ltd. was privatized and delisted in the Hong Kong stock market. At present, CEC has 20 wholly-owned and controlled secondary enterprises, 14 listed companies and 150,000 employees.
CEC is committed to building a national team for network security and information technology industry, with network security as its core business and key competence. Its main business covers network security, new display, integrated circuits, high-tech electronics, information services and other electronic information industry fields featuring national strategy, foundation and guidance.
In 2017, CEC achieved a business revenue of 216.21 billion yuan and a total profit of 4.25 billion yuan. Up until the end of 2017, its total electronic assets reached 263.08 billion yuan, and the net profit of the parent company rose to 1.13 billion yuan.
CEC is China's largest state-owned comprehensive electronic information enterprise group, ranking among the world's top 500 companies for eight consecutive years.
CEC takes a leading role in China for providing independent controllable software and hardware products and information security service. It has a controllable software industry chain from operating system, middleware, database, security products to application systems, and formed an information security service system including security consultancy, system integration and security maintenance throughout the whole operation cycle.
CEC is a world-leading integrated R&D manufacturer and supplier of LCD products. Its LCD display manufacturing service ranks first in the world and its LCD TV manufacturing takes a leading role globally.
CEC is a leading solution provider in Chine for integrated circuit R&D, design and manufacturing. It has a whole industry chain of integrated circuit that covers design, manufacturing, packaging, testing, EDA tools and process R&D.
CEC is a first-class domestic trade and service provider of electronic information products, a builder and operator of high-tech and innovative industrial parks. It is also a constructor for overseas electronic information engineering and service and a financial innovation platform for the electronic information industry.
As the first batch of “innovative enterprises” in China, CEC has established a complete scientific and technological innovation system and three-level R&D institutions covering national-level research institutions, group professional technology research institutes and enterprise technology centers. At present, CEC has 9 nationally recognized enterprise technology centers, 11 national engineering research centers (engineering laboratories and engineering technology research centers), 6 national innovation demonstration enterprises, 1 national industrial design center, 12 postdoctoral workstations and 70 provincial and ministerial level technology centers.