Company type | State-owned enterprise |
---|---|
Industry | Defense |
Parent | China Poly Group |
Website | polytechnologiesinc |
Poly Technologies (Chinese: 保利科技有限公司), sometimes abbreviated as PolyTech, a subsidiary of China Poly Group Corporation, is a trade company with headquarters in Beijing, China. The company deals with missiles and other military products. The company was founded by the Chinese People's Liberation Army in order to provide competition to China North Industries Corporation (Norinco). The company is one of China's largest arms exporters and has been sanctioned by the United States.[1][2]
As a traditional pillar industry of Poly Group Corp., the international trading business is mainly undertaken by Poly Technologies Inc., both the predecessor of the Poly Group and a backbone enterprise of the Group.