Which is better, Chongqing Electromechanical Group or Double Star?

Chongqing Electromechanical Group is superior to Double Star for the following reasons:

1. Market position and scale: Chongqing Electromechanical Group is a large state-owned enterprise in China with a broad market share and strong strength. The company has set foot in many fields, including mechanical equipment, engineering construction, energy and so on. Double Star is a tire manufacturing company with a relatively small market position and scale.

2. Technical strength and innovation ability: Chongqing Electromechanical Group has advanced technical strength and high innovation ability in the field of mechanical equipment. Through independent research and development and technology introduction, the Group has continuously introduced competitive products and solutions. Double star mainly focuses on tire manufacturing, and its technical strength and innovation ability in this field are relatively weak.

3. Industrial diversification and risk diversification: Chongqing Electromechanical Group reduces its dependence on a single industry and realizes risk diversification through diversified business layout. The group is involved in machinery, engineering, energy and other fields, which can better adapt to market demand and changes. However, Double Star is mainly engaged in tire manufacturing, with high business concentration, which is more vulnerable to industry fluctuations and competitive pressure.

4. International market development: Chongqing Electromechanical Group has a certain influence in the international market and has established extensive cooperative relations with many countries and regions. The Group actively expands overseas markets by participating in international engineering projects and conducting international trade. In contrast, the influence of Double Star in the international market is relatively small, and its products are mainly sold to the domestic market.