March 18, 2018 6:20 AM ET


Company Overview of China National Machinery Industry Corporation

Company Overview

China National Machinery Industry Corporation develops, manufactures, and sells a range of equipment for iron and steel enterprises in the People's Republic of China and internationally. The company offers heavy machinery; agricultural machinery, such as grain combine-harvesting, wheat and hay harvesting, fruit picking and processing, sheep shearing, and ice-storage machines; and electrical equipment and power products comprising excitation devices, electrical transmission equipment, electrical control systems, and switching elements and electrical films. It also provides environmental protection equipment; various types of core drills, drilling rigs, pumps, drilling and prospecting tools, d...

No.3 Danling Street

Haidian District

Beijing,  100080


Founded in 1997


86 10 8268 8888


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 2017.

China National Machinery Industry Corporation Key Developments

China National Machinery Industry Co. Signs Strategic Cooperation Agreement with Dongfang Electric Co. and China XD Group

China National Machinery Industry Co. signed strategic cooperation agreements with Dongfang Electric Co. and China XD Group at Sinomach's headquarters in Beijing on February 11, 2018. All the three State-owned enterprises specialize in equipment manufacturing, yet in different sections of the industrial chain. According to the agreements, they will cooperate in business, innovation, financing and employee training to improve international competitiveness of China's machinery industry. The strategic cooperation will contribute to the national economic growth and the construction of a great modern socialist country.

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.

Recent Private Companies Transactions

November 24, 2017
China National Electric Engineering Co., Ltd.

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