China Poly Group Corporation (CPGC) is a large-scale enterprise group approved by the State Council and founded based on the Poly Technologies Inc in February 1993, with RMB1.5 billion Yuan of registered capital. In the same year, CPGC was approved and listed into the Separate Enterprise Group Item Under State Plan. In March 2000, CPGC was put under the administration of Central Enterprise Working Committee, becoming one of the 61 large-scale enterprises with over RMB10 billion Yuan of assets under the administration of the state.