Ren Hongbin, chairman of the China National Machinery Industry Corp (Sinomach), paid a visit to Henan province, on May 4, where he checked on Sinomach subsidiaries – YTO Group Corp, Henan SUMEC Clothing Co, SIPPR Engineering Group Co, Sinomach Precision Industry Co, and Luoyang Bearing Science&Technology Co.

Afterwards, Ren met with Xie Fuzhan, the provincial Party secretary of Henan province, to exchange views on Sinomach’s industry advantage, core competitiveness, and Henan province’s resource endowment and investment environment.The two sides reached agreement on further strengthening the strategic cooperation relationship. Ren Hongbin said Sinomach would strengthen investment in the developmentof enterprises in Henan province, and support local construction. Xie Fuzhan said that Henan province would strengthen cooperation with state-owned enterprises to serve the enterprises' development.