SINOMACH super hard project settled in Fuyang

It's known that this project encompasses seven sub-projects, including an advanced intelligent equipment base, a high-efficiency precision superhard material production facility, the China Abrasives Trading Center, Baige Abrasives Co., Ltd., and the relocation of the Zhengzhou branch of Zhongji Construction. Construction is set to commence by the end of this year. As a state-owned mega-enterprise under the direct supervision of the State-owned Assets Supervision and Administration Commission of the State Council, China National Machinery Industry Group Co., Ltd. ranks 367th globally on the Fortune Global 500 list. It stands as the largest entity in China’s machinery sector, boasting the broadest scope of operations, the most comprehensive business chain, and the strongest R&D capabilities. This wholly state-owned central enterprise group operates across multiple fields, including science, industry, trade, and finance. It comprises 50 wholly-owned or controlled subsidiaries, seven listed companies, and 140 overseas service institutions, employing nearly 100,000 people worldwide. For years, it has ranked first among China’s top 100 machinery enterprises. With its leading position in China’s superhard materials industry, China National Machinery Industry Group Co., Ltd. plays a crucial role in the entire sector. It is reported that SINOMACH aims to establish a sci-tech and trade industry group with an integrated industrial chain, becoming the largest and most renowned SINOMACH Seiko Group in China. The group plans to generate sales revenue of 3 billion yuan within three years and reach 7 billion yuan in sales over five years. This ambitious vision underscores SINOMACH’s commitment to innovation and growth while solidifying its leadership in the global machinery landscape.

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