China National Machinery Industry Corporation (SINOMACH), established in January 1997, is a large state-owned enterprise approved by the State Council and administered by the State-owned Assets Supervision and Administration Commission. SINOMACH is a Global 500 enterprise.
SINOMACH has the largest scale, widest diversification, most comprehensive lines of business, and the strongest R&D capabilities in the Chinese machinery industry. The Group has under its portfolio 50 wholly-owned and holding subsidiaries, including 10 listed companies and more than 140 overseas service branches, and employs nearly 100,000 staff globally. For years, SINOMACH has sustained annual growth rates of over 30%, with operating revenue reaching RMB 214billion in 2012. The group has remained No. 1 among the top 100 Chinese machinery enterprises for years and has been rated class-A in the performance evaluation for state-owned enterprises conducted by the State-owned Assets Supervision and Administration Commission.
SINOMACH Group’s primary businesses include R&D and manufacturing of machinery, project contracting, and trade and services. It has service presence in a wide range of key national economic sectors, including energy, agricultural machinery, transportation, construction, light industries, and the automobile, ship-building, mining, metallurgy and aerospace industries. SINOMACH offers professional services to over 170 countries and regions around the world.
SINOMACH boasts a remarkably strong capacity in resource integration and utilization. Combining its profound R&D capabilities, extensive global marketing networks, strong financial strength, and project financing capabilities, the Group has developed a comprehensive industrial chain that covers areas such as design, R&D, manufacturing, project contracting, system integration, and international trade, and has fostered unique business values and competitive market advantages.
In the business sector of R&D and manufacturing of machinery, SINOMACH is the largest manufacturer of agricultural machinery, forestry machinery, and geological equipment, and one of the most prominent manufacturers of engineering machinery, supplying markets worldwide with many superior leading-edge products.
The Group has strong R&D and system integration capabilities in areas that include heavy machinery, power plant equipment, petrochemical and general-purpose equipment, machine tools, automobile engineering, basic machinery parts, meters and instruments, and environmental protection equipment.SINOMACH has provided worldwide markets with a large amount of highly influential equipment and technologies.
As a renown international project contractor, SINOMACH Group is an extensively influential figure in the industry and has secured a significant market position in the engineering markets in many countries and regions around the world. ENR has ranked it in the top 50 of the Top 225 International Contractors and top 100 of the Top 200 International Design Firms for several years in a row. In 2012, ENR ranked SINOMACH No.24 in the Top 225 International Contractors and No. 77in the Top 200 International Design Firms.
In the trade and services business sector, SINOMACH is a key gateway for exporting Chinese mechanical and electrical products and introducing advanced foreign technologies and products into China. The Group is the largest automotive trade and service provider in China and the largest importer and exporter in the Chinese machinery industry.
While adhering to its corporate philosophy of “Work Together, Win Together” SINOMACH is dedicated to the development of a harmony-oriented corporate culture, and will focus on its two major businesses of equipment manufacturing and modern manufacturing services. The Group is committed to fostering an integrated multinational corporation in the machinery industry that is competitive on an international level. The Group is quickly becoming a lead runner in China’s machinery industry.