April 25, 2017 9:45 PM ET

Machinery

Company Overview of China National Machinery Industry Corporation

Company Overview

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

Haidian District

Beijing,  100080

China

Founded in 1997

Phone:

86 10 8268 8888

Fax:

86 10 8268 8811

Key Executives for China National Machinery Industry Corporation

General Manager and Director
Chairman and Deputy Secretary of CPC
Vice Chairman and Secretary of CPC
Chief Engineer
Deputy General Manager
Compensation as of Fiscal Year 2016.

China National Machinery Industry Corporation Key Developments

Luoyang Bearing To Buy Sinomach Precision Industry

Luoyang Bearing Science and Technology Co., Ltd. (SZSE:002046) plans to acquire 100% stake in SINOMACH Precision Industry Co., Ltd. through 100 million shares issue, at CNY 8.97 per share, from China National Machinery Industry Corporation.

China National Petroleum Corporation Signs Strategic Cooperation Frame Work Agreement with Sinomach

China National Petroleum Corporation has signed a strategic cooperation framework agreement with China National Machinery Industry Corporation, or Sinomach. CNPC and Sinomach will give play to their strengths and collaborate in equipment manufacturing, engineering construction, oil products supply, overseas business expansion, capital operation and financial services. Meanwhile, the two sides will keep deepening business cooperation through innovative ways, in order to realize win-win results for common development. Sinomach is a diversified and comprehensive equipment industrial group committed to providing quality services globally. The group's primary businesses include R&D and manufacturing of mechanical equipment, project contracting, trade and services, and finance and investment. Its service scope covers critical national economic fields including machinery, electric power, energy, environmental protection, and aeronautics and astronautics.

China National Petroleum Corporation and Sinomach Sign Strategic Cooperation Framework Agreement

On June 13, a strategic cooperation framework agreement was reached between China National Petroleum Corporation (CNPC) and China National Machinery Industry Corporation (Sinomach) in Beijing. According to the agreement, CNPC and Sinomach will give play to their strengths and collaborate in equipment manufacturing, engineering construction, oil products supply, overseas business expansion, capital operation and financial services. Meanwhile, the two sides will keep deepening business cooperation through innovative ways, in order to realize win-win results for common development.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 23, 2017
FINOBA AUTOMOTIVE GmbH
Merger/Acquisition
November 11, 2016
China Hi-Tech Group Corporation
Merger/Acquisition
August 8, 2016
SINOMACH Precision Industry Co., Ltd.
 

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