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Sinomach
China National Machinery Industry Corporation (also known as Sinomach) is a Chinese conglomerate with businesses in tool making, construction equipment, agricultural equipment, and infrastructure construction. In two particular areas of construction engineering, the company is among the top in terms of revenue from international projects. Based on 2013 rankings compiled by the ''Engineering News-Record'', the company is the third largest contractor of power projects and 8th largest contractor of industrial projects. A major subsidiary is the YTO Group, primarily a manufacturer of agriculture equipment. In March 2011, YTO Group acquired McCormick France SAS, a French manufacturer of tractors, as part of strategy for entering the European tractor market. Another major subsidiary of the company is the China Machinery Engineering Corporation (CMEC), a provider of engineering and construction services. The company expressed interest in building a 10,000 to 30,000 acre complex of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Machinery Industry Corporation
China National Machinery Industry Corporation (also known as Sinomach) is a Chinese conglomerate with businesses in tool making, construction equipment, agricultural equipment, and infrastructure construction. In two particular areas of construction engineering, the company is among the top in terms of revenue from international projects. Based on 2013 rankings compiled by the ''Engineering News-Record'', the company is the third largest contractor of power projects and 8th largest contractor of industrial projects. A major subsidiary is the YTO Group, primarily a manufacturer of agriculture equipment. In March 2011, YTO Group acquired McCormick France SAS, a French manufacturer of tractors, as part of strategy for entering the European tractor market. Another major subsidiary of the company is the China Machinery Engineering Corporation (CMEC), a provider of engineering and construction services. The company expressed interest in building a 10,000 to 30,000 acre complex of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Hi-Tech Group Corporation
China Hi-Tech Group Corporation, Ltd. (CHTC) is a Chinese conglomerate company. The company is owned by the Chinese Central Government via State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company main focus is on the textile industry. In June 2017, CHTC became a wholly owned subsidiary of Sinomach, another SASAC company, through a restructuring, as part of a plan to reduce the number of SASAC directly-controlled companies. Operations CHTC is the parent company of Jingwei Textile Machinery ( for 56.04%), Kama ( for 30.27%) and CHTC Fong's Industries (, for 55.80%). The company also owns 10.19% stake of CHTC Helon () and 18.30% stake of Huaxun Fangzhou (), being in both the second largest shareholder, as of 31 December 2015. CHTC Auto CHTC Auto (), translated alternatively as Hengtian, a part of CHTC's Heavy Industry Group (), is CHTC's vehicle production division. CHTC entered into the automotive business in 2008, after reorganisin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Machinery Engineering Corporation
China Machinery Engineering Corporation (CMEC) is a construction and engineering company, forming one part of the China National Machinery Industry Corporation (Sinomach) group of companies. A specialization of CMEC is construction of power projects in generation, transmission, and distribution. The company is present in Turkey with representative offices in Istanbul and Ankara. CMEC has operated in Turkey since the mid-1980s and operations in the country accounted for 5% of global revenue by 2013. The total value of projects in Turkey amounted to 3 billion US dollars as reported in mid-2013 by the company with another 1 billion US dollars in project revenue set to be added to the total by the end of 2013. The work it takes on in Turkey includes the construction of a 600 MW supercritical thermal power plant, a project signed in 2007. Moving into investment, the company announced in 2013 the creation of an investment fund, based on its own equity capital and lines of credit from Ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
YTO Group
The YTO Group Corporation is a Chinese agricultural machinery and construction machinery manufacturer part of Sinomach, a comprehensive machinery conglomerate. Although composed of many subsidiaries and divisions, the company is best known for manufacturing a range of farming products including tractors and combine harvesters. The company was founded in 1955 and become the largest manufacturer of tractors in China. The company also manufactures construction machinery trucks and diesel engines. History Prior to using the YTO brand, the tractors and engines were marketed under the brand Dongfanghong (DFH; ). In the 1980s and 1990s, Fiat began to assist First Tractor Company with technology for engines and tractors. In 2005, AGCO announced they were in discussions with First Tractor Company to establish a joint venture to manufacture tractors between 40 and 100 horsepower although the joint venture never materialized. The company has been keen on making a presence in internatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SASAC
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhongguancun
Zhongguancun () is a major technology hub in Haidian District, Beijing, China. Zhongguancun occupies a band between the northwestern Third Ring Road and the northwestern Fourth Ring Road, in the northwestern part of Beijing. Zhongguancun is sometimes known as " China's Silicon Valley". The place is also the center of Beijing-Tianjin-Shijiazhuang Hi-Tech Industrial Belt. History Chen Chunxian envisioned Zhongguancun, which then became a well-known technology hub 30 years later. Chunxian, a member of the Chinese Academy of Sciences (CAS), conceived of a Silicon Valley in China following a government-sponsored trip to Boston and Silicon Valley, United States. Zhongguancun became known as "Electronics Avenue" () from the early 1980s on, due to its information technology markets along a central, crowded street. Zhongguancun was recognized by the central government of China in 1988, and officially named "Beijing High-Technology Industry Development Experimental Zone". In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing
} Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 million residents. It has an administrative area of , the third in the country after Guangzhou and Shanghai. It is located in Northern China, and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province with the exception of neighboring Tianjin to the southeast; together, the three divisions form the Jingjinji megalopolis and the national capital region of China. Beijing is a global city and one of the world's leading centres for culture, diplomacy, politics, finance, busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry In China
The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. Since 2009, annual production of automobiles in China accounted for more than 32% of worldwide vehicle production, exceeding both that of the European Union and that of the United States and Japan combined. The traditional "Big Four" domestic car manufacturers are SAIC Motor, Dongfeng, FAW and Chang’an. Other Chinese car manufacturers are Geely, Beijing Automotive Group, Brilliance Automotive, BYD, Chery, Guangzhou Automobile Group, Great Wall and Jianghuai (JAC). In addition, several multinational manufacturers have partnerships with domestic manufacturers. While most of the cars manufactured in China are sold within China, exports reached 814,300 units in 2011. China's home market provides its automakers a solid base and Chinese economic planners hope to build globally competitive auto companies that will become more and more attractive and reliable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Beijing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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