February 28, 2015 11:50 AM ET

Construction and Engineering

Company Overview of China Machinery Engineering Corporation

Company Overview

China Machinery Engineering Corporation, together with its subsidiaries, is engaged in international construction contracting and trading businesses. The company operates in three segments: Construction Contracts, Trading Business, and Other Business. The Construction Contracts segment undertakes engineering, procurement, and construction contracts for various infrastructure-related construction projects, including hydropower, thermal power, transportation, telecommunications, water supply and treatment, building and construction, manufacturing and processing plants, and mining and resources exploitation sectors. The Trading Business segment imports and exports various machinery, electrical,...

CMEC Mansion

No.178, Guanganmenwai Street

Xicheng District

Beijing,  100055

China

Founded in 1978

2,661 Employees

Phone:

86 10 6345 1188

Fax:

86 10 6326 1865

Key Executives for China Machinery Engineering Corporation

President, Executive Director, Chairman of Operation & Risk Management Committee, Member of Strategy & Development Committee and Member of Compensation Committee
Age: 46
Total Annual Compensation: $1.5M
Chairman, Chairman of Nomination Committee, Chairman of Strategy & Development Committee and Member of Remuneration Committee
Age: 56
Total Annual Compensation: $635.0K
Supervisor
Age: 46
Total Annual Compensation: $520.0K
Chairman of Supervisory Board
Age: 44
Supervisor
Age: 45
Compensation as of Fiscal Year 2013.

China Machinery Engineering Corporation Key Developments

China Machinery Engineering Corporation Enters into Contract with Mali Ministry of Energy and Water in Respect of Project of 225kV Boucle Power Transmission Work in Bamako

The board of directors of China Machinery Engineering Corporation announced that the company entered into a contract with the Mali Ministry of Energy and Water in respect of a project of 225kV Boucle Power Transmission Work in Bamako on January 30, 2015. The scope of the Project includes the construction of a 225kV power transmission line and the ancillary substations. The company, as the general contractor, will be responsible for the design, procurement, civil engineering and construction, installation, training, commissioning, warranty and other works of the Project on a turnkey basis. The contract value amounts to approximately $107 million. The construction period of the Project will last for approximately 30 months once the construction is commenced.

China Machinery Engineering Corporation Enters into Contract with Tenaga Generasi Limited for the Construction of the Tenaga 49.5 MW Wind Power Plant in Pakistan

China Machinery Engineering Corporation has entered into a contract with Tenaga Generasi Limited in respect of the project for the construction of the Tenaga 49.5 MW wind power plant in Pakistan. The company, as the general contractor, will be responsible for the design, procurement, civil engineering and construction, installation, training, commissioning, warranty and other works of the Project on a turnkey basis. The contract value amounts to approximately $95 million. The contract will become effective upon satisfaction of certain conditions precedent. As stipulated in the contract, the construction period of the project will last for approximately 18 months once the construction is commenced.

China Machinery Engineering Corp. Signs Equipment Supply and Installation Contract for the Broadband Network Construction Project in Thailand

China Machinery Engineering Corporation board of directors entered into the Equipment Supply and Installation Contract with Win Win Net Corporation Co. Ltd. in respect of the broadband network construction project in Thailand. Pursuant to the Contract, upon completion of the Project, it will be able to offer wired broadband network access service for 0.6 million users and wireless broadband access service for 2.5 million users, respectively. The Group, as the equipment supplier and installation contractor, will be responsible for the design of machinery rooms, equipment supply, installation and commissioning, training, warranty and other works of the Project. The contract value amounts to approximately $120 million. The Contract has become effective immediately upon its execution. As stipulated in the Contract, the construction period of the Project is approximately 12 months.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 3, 2015
75% Osmangazi Elektrik Dagitim A.S. and 75% Osmangazi Elektrik Perakende Satis Anonim Sirketi
 

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