China National Machinery Industry Corporation specializes in machinery research and development, machinery manufacturing, project contracting, and trade and service businesses in China and internationally. It offers heavy machinery, petro-chemical and general-purpose equipment, farming machinery, construction machinery, forestry machinery, power machinery, machine tools, electrical equipment and power plants, meters and instruments, environmental protection equipment, and machinery components. The company also provides project contracting services in the areas of power, metallurgy and mining, petro-chemical and general-purpose equipment, industrial, communication and transportation, shipbuil...
No.3 Danling Street
Founded in 1997
China Machinery Engineering Corporation, SINOMACH and CCB (Beijing) Investment Fund Management Co., Ltd. Establishe SINOMACH Capital
Jul 16 15
China Machinery Engineering Corporation, SINOMACH, SINOMACH Subsidiaries and CCB (Beijing) Investment Fund Management Co., Ltd. have entered into the AOA of SINOMACH Capital for its establishment. Upon the establishment of SINOMACH Capital, it will be owned as to 12.66% by the company, 74.68% by SINOMACH and SINOMACH Subsidiaries and 12.66% by CCB Beijing. The business scope of SINOMACH Capital is equity investment, project investment, security investment, entrusted management of assets; project financing, raising and management of industrial funds and private funds, investment consultation and financial advisory, high and new technology development and consultation; and any other business approved by the laws and regulations (ultimately subject to the business scope having been approved by the industry and commerce authorities). The registered capital of SINOMACH Capital will be RMB 2,370,000,000 which was determined after negotiation among the investors and is based on the funding requirements of SINOMACH Capital.
Luoyang Bearing Science and Technology Co., Ltd Finances Via Private Placement to China National Machinery Industry Corporation
Dec 10 14
Luoyang Bearing Science and Technology Co. Ltd. revealed plans for private placement to controlling shareholder China National Machinery Industry Corporation (Sinomach) to finance CNY 105 million used for industrialization of high precision heavy-duty bearings, which will be fully subscribed by the latter in cash with a lockup period of 36 months.