Established in 1998, China General Technology (Group) Holding Co Ltd, commonly known as Genertec, is a centrally administered State-owned enterprise, which is directed by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). It was approved by the government as a pilot enterprise of State-owned capital investment in December 2018. It owns 4 listed companies - Genertec Shenyang Machine Tool Co Ltd, Genertec Universal Medical Group Co Ltd, China Meheco Group Co Ltd, and Chinatesta Textile Testing & Certification Services.