July 13, 2014 6:15 PM ET

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Company Overview of GE (China) Co. Ltd.

Company Overview

GE (China) Co. Ltd. provides currency management, marketing, purchasing, and after sales support services to GE's branches, joint ventures, and affiliates. Its other activities include providing logistics support and advice at government level; supporting management training programs with Chinese customers, partners, and government leaders; and developing market and business resources. GE (China) Co. Ltd. has a strategic cooperation framework with Honghua Group Limited. The company was founded in 1994 and is based in Beijing, China. GE (China) Co. Ltd. operates as a subsidiary of General Electric Company.

Suite B1

6th Floor, Han Wei Building

7 Guang Hua Road

Zhao Yang DC

Beijing,  100001

China

Founded in 1994

Phone:

86 10 6561 1166

Fax:

86 10 6561 1168

Key Executives for GE (China) Co. Ltd.

Chief Executive Officer and President
Age: 49
Compensation as of Fiscal Year 2014.

GE (China) Co. Ltd. Key Developments

Honghua Group Limited and GE (China) Co. Ltd. Enters into a Memorandum of Understanding for Strategic Cooperation Framework

The board of directors of Honghua Group Limited announced that on 5 May 2014 (USA time), the company entered into a Memorandum of Understanding for Strategic Cooperation Framework with GE (China) Co. Ltd. (‘GE’) in Houston, the United State of America (the "USA"). According to the MOU, the company and GE will establish a strategic cooperation relationship to jointly endeavor to develop an integrated gas power solution in oil and gas field. The MOU will take effect upon execution by both Parties and expire on 31 December 2016. The term of the MOU may also be extended upon mutual agreement by both Parties. The company will install GE's gas power products in the company's self-developed and manufactured oil and gas drilling equipment to complete the packaging and system integration in its production base in China. This system will be developed as an integrated on-site power solution for well drilling, well completion and output production by using conventional or non-conventional natural gas or associated gas in the field; GE supports the company to realize the integrated power solution in the oil and gas exploration industry through the utilization of Waukesha gas engines and grants the Company top priority to cooperate in this area; and the company intends to purchase several sets of Waukesha gas engines and generators from GE throughout the term of the MOU.

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