JSC National Company Kazakhstan Engineering (Kazakhstan Engineering) was established in accordance with the Decree of the Government of the Republic of Kazakhstan dated March 13, 2003 No. 244 “On Certain Issues of the Military-Industrial Complex of the Republic of Kazakhstan” in order to improve the management system of the country's defense-industrial complex, by incorporating defense industry enterprises and military factories of the Ministry of Defense of the Republic of Kazakhstan into the Company.

In October 2006, the state block of shares of the Company (100%) was transferred in payment of the authorized capital of Samruk Holding JSC.

In September 2009, a stake in the Company was transferred to the Ministry of Industry and Trade of the Republic of Kazakhstan for trust.

In June 2010, in order to improve the management system of the defense industry of the Republic of Kazakhstan, the stake in the Company was transferred to the Ministry of Defense of the Republic of Kazakhstan for trust.

In December 2016, a stake in the Company was transferred to the Ministry of Defense and Aerospace Industry of the Republic of Kazakhstan for trust management.

In accordance with the Decree of the Government of the Republic of Kazakhstan dated July 3, 2018 No. 405 “On Certain Issues of the Joint Stock Company“ National Company Kazakhstan Engineering ”, the block of shares of the Company was transferred to state ownership, the tenure of which was vested in the Ministry of Digital Development , defense and aerospace industry of the Republic of Kazakhstan.

In accordance with the Decree of the Government of the Republic of Kazakhstan dated July 12, 2019 No. 501 “On measures to implement the Decree of the President of the Republic of Kazakhstan dated June 17, 2019 No. 24“ On measures to further improve the public administration system of the Republic of Kazakhstan ”, the right to own and use the state block of shares of the Company transferred to the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan.

Strategic planning is organized taking into account the tasks that the state sets for the military-industrial complex, as well as taking into account documents of state planning of a higher level, in particular, the Development Strategy of Kazakhstan, the National Development Plan of the Republic of Kazakhstan and other important documents. The main directions of the Company's strategic development are set out in the Company's Development Plan for 2020-2029, approved by the Decree of the Government of the Republic of Kazakhstan dated December 25, 2019 No. 969.

In accordance with the Resolution of the Government of the Republic of Kazakhstan dated 1 September 2023 No. 318 «On measures for further improvement of the public administration system of the Republic of Kazakhstan» in accordance with subparagraph 3 of Article 44 of the Constitution of the Republic of Kazakhstan in order to modernize and improve the efficiency of the public administration system, the rights to own and use the state block of shares of the Company were transferred to the Ministry of Industry and Construction of the Republic of Kazakhstan.

The number of authorized ordinary shares of the Company: 85,699,853 (eighty-five million six hundred ninety-nine thousand eight hundred fifty-three) shares with a par value of 1,000 (one thousand) tenge per share.

Number of outstanding ordinary shares of the Company: 84,583,044 (eighty-four million five hundred eighty-three thousand forty-four) shares with a par value of KZT 1,000 (one thousand) per share.

The number of unplaced ordinary shares of the Company: 1,116,809 (one million one hundred sixteen thousand eight hundred nine) shares with a par value of 1,000 (one thousand) tenge per share.

The founder of the Company is the Government of the Republic of Kazakhstan.

The sole shareholder of the Company is the Government of the Republic of Kazakhstan, represented by the Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan.

The Ministry of Industry and Construction of the Republic of Kazakhstan is the authorized body exercising the rights of ownership and use of 100% of the Company’s ordinary shares.

The rights granted to the Sole Shareholder of the Company, including the procedure for exercising ownership rights, are determined by the legislation of the Republic of Kazakhstan and the Company’s Charter.

Mission : providing competitive high-tech solutions and products for the quality satisfaction of the needs of the Armed Forces of the Republic of Kazakhstan through the effective development of technological potential.

Vision: “In the long term, Kazakhstan Engineering Corporation JSC will become an effective center of innovative and technological competencies in military and civil engineering.”

For the effective implementation of the mission and vision, the Company plans active actions in the following strategic areas of activity:

1. Diversification of production.

2. Innovative development.

3. Development of production potential and increase operational efficiency.

4. Organizational development.

5. Sustainable development.

6. Financial sustainability.

For each strategic direction, strategic goals, objectives and key performance indicators are identified.

The main activities of the Company include:

1) participation in the implementation of state policy in the development, production, sale and disposal of defense, dual-use and civilian products;

2) participation in the development and implementation of current and long-term inter-sectoral programs for the development and production of defense and dual-use products to meet domestic needs and support exports;

3) participation in ensuring the import of weapons, military equipment and dual-use products for the Armed Forces, other troops and military formations of the Republic of Kazakhstan, as well as their export;

4) development and implementation of conversion programs and programs for the development of the defense-industrial complex;

5) participation in the fulfillment of the state defense order;

6) participation in the formation and implementation of plans and tasks for establishing, accumulating and maintaining mobilization capacities and reserves;

7) implementation of scientific, technical and technological development programs in the defense-industrial complex, including expansion, reconstruction and technical re-equipment of production facilities;

8) conducting research and development (R&D) and experimental-design work aimed at creating high-tech products;

9) sale of goods, works and services produced by the Company’s subsidiaries and affiliates within the scope of core activities;

10) disposal of assets under the Company’s asset restructuring program and plan;

11) development, production, repair, procurement and sale of ammunition, weapons and military equipment, spare parts, components and instruments for them, as well as special materials and equipment for their production, including installation, adjustment, use, storage, repair and maintenance services;

12) export, re-export, import and re-import of goods, works and services within the scope of core activities;

13) provision of leasing services for the supply of products manufactured by the Company’s group;

14) development of the state defense industry through the establishment of new manufacturing facilities and enterprises, modernization of weapons and military equipment production in line with the key directions of technological modernization and re-equipment of the Armed Forces, other troops and military formations of the Republic of Kazakhstan, as well as through the introduction of modern industrial technologies for the production of competitive, high-tech products;

15) foreign economic activities within the scope of core activities that are not prohibited by the legislation of the Republic of Kazakhstan;

16) performance of activities required for the execution of state defense order contracts;

17) leasing of fixed assets not involved in core activities.

Certain types of activities, the list of which is defined by legislative acts, may be carried out by the Company only on the basis of a license.

The disclosure of information on related-party transactions and major transactions concluded by the Company or its affiliated entities is restricted for public access in accordance with the requirements of the legislation of the Republic of Kazakhstan.

The Company carries out its activities in accordance with the legislation of the Republic of Kazakhstan, generally accepted principles (customs) of business ethics, the Charter, the provisions of the Company’s Corporate Governance Code, and its contractual obligations.