New United Group, founded in 2002, is a private joint-stock enterprise group. The Group is engaged in six core businesses of railway transportation, new energy, CNC, modern logistics, office equipment and aerospace. Group headquarter with its subsidiaries employs more than 4,000 people, and total assets of more than 10.0 billion.

New United Group is a new national high-tech enterprise, the Railway base backbone enterprise of the State Torch Program, and China Railway Locomotive & Rolling Stock Corporation supporting key manufacturing enterprise. The New United Group possess the provincial engineering technology research center, provincial wind power equipment technology research institute, national post-doctoral research station, national EMC laboratory with the investment of billion YUAN, 3.8MW wind turbine factory floor full performance testing station and 3MW traction drive laboratory. 

New United Group's strategic goal is to create an advanced manufacturing enterprise of "core technology leadership, quality service priority, brand building first", with the operating principle of "safety, quality, cost and delivery time" as the power, increase effective investment strengthen the science and technology innovation, accelerate personnel development and market expansion, develop six core business segments, unify thinking, innovate, and increase independent innovation and accelerate the pace of internationalization so as to create: "a centennial New United" and develop at full speed for the target of becoming a "world—class equipment manufacturing enterprise Group".