There was an inauguration ceremony for the China National Machinery Intelligent Technology Co, backed by the China National Machinery Industry Corp (Sinomach), in the city of Guangzhou, Guangdong province, at Assembly Hall, on Dec 25, 2015, with Ding Hongxiang, Sinomach’s vice president, presiding.

Intelligent Technology is being set up in Guangzhou's High-tech Industrial Development Zone, with 1 billion yuan ($150.04 million) in capital provided by Sinomach and the Guangzhou government, and with Sinomach and subordinates holding 80 percent and Guangzhou industry funds, the other 20 percent.

The company is engaged in technology R&D, manufacturing, testing consultation for robot and intelligent equipment and key components and will rely on Sinomach and Guangzhou’s resources in robot and intelligent equipment to help develop that industry and build a national manufacturing innovation center to lead the transformation of manufacturing in south China and the rest of the country.

Inauguration ceremony at Assembly Hall, Guangzhou, Guangdong, on Dec 25.