Xinjiang Zhongtai Group
Chinese state owned business group / From Wikipedia, the free encyclopedia
Xinjiang Zhongtai Group (Chinese: 新疆中泰集团有限责任公司) is a state owned business group in China. It was founded in 2001 and has been listed in the Fortune Global 500 companies. The group has been listed in the Shenzhen stock market since 2006 and has 43 wholly owned subsidiaries; along officially 22.700 employees in 2019.[1] It operates investment, asset management, and other businesses.[2]
The involvement in forced Uyghur labour brought the company international attention and US sanctions.[3]
The company is mostly producing PVC,[4] ionic membrane caustic soda and calcium carbide and further chemicals.[5] causing multiple environmental and health hazards.[6] They are as well involved in textile and agricultural production in Xinjiang and produce 20% of China's cotton.[7]
They have several subsidiaries, making it difficult to oversee their activities. They run at least 32 subsidiaries manufacturing clothes, including the Xinjiang Linhua group, responsible for expropriation and Guangzhou Zhongtai New Material Co. (广东中泰新 材料科技有限公司).[8]