China National Machinery Industry Corporation Ltd(Sinomach), established in January 1997, is an important State-owned backbone enterprise directly managed by the central government. Sinomach is a Fortune Global 500 enterprise. Sinomach’s headquarters is located in the Silicon Valley of China, Beijing’s Zhongguancun.
Sinomach Group has 160,000 employees, over 40 wholly-owned or majority-owned subsidiaries, 12 listed companies, and more than 200 overseas service agencies.
Sinomach Group is an international, diversified, comprehensive equipment industrial group committed to providing quality services globally. The group’s primary businesses include four main areas of R&D and manufacturing: mechanical equipment, project contracting, trade and services, as well as finance and investment. Its service scope covers critical national economic fields including machinery, electric power, metallurgy, agriculture and forestry, transportation, construction, automobiles, ship building, light industry, electronics energy, environmental engineering, aeronautics and astronautics. The group has a market presence in over 170 countries and regions around the world.
For years, Sinomach has promoted further optimization of its resources, rebuilt its core competencies, accelerated the pace of “going global,” and extensively advanced its strategic transformation with continuous technological and managerial innovations. The group has evolved from a traditional management-style State-owned enterprise to a highly competitive modern corporation. It has become the largest State-owned group with the most diverse and comprehensive lines of business, and strongest R&D capabilities in China’s machinery industry.
By adhering to the business philosophy of “working together and pursuing win-win innovation,” promoting “harmonious” cultural construction and focusing on two major core business areas of equipment manufacturing and modern manufacturing services, SINOMACH is committed to creating a new, “four-wheel-driven” development pattern involving “manufacturing, engineering, trade and capital.” The company is determined to build a world-class enterprise with international competitiveness, thus becoming a front-runner of China’s machinery industry and a propellant for mankind’s progress.