Your are here : Home > Media Center > Specials

OUR BUSINESS

2020 In Review Fast Facts

(sinomach.com.cn)

In 2020, we remained true to our original aspiration and achieved stable operation; we enhanced reform and innovation to gather momentum for development; we promoted green development and contributed to ecological security; we upheld our win-win strategy to share the achievements of development; we pooled the strengths and wisdom of employees to bring out their potential; and we kept forging ahead and shaped a bright future in the strong tide of competition.

Sinomachers have charted a heroic course throughout the turbulent year of 2020, and will continue to create an even more splendid future through hard work as they always done.

A great helper in the fight against the COVID-19 epidemic

As the COVID-19 epidemic swept the world in 2020, Sinomach promptly built an effective epidemic prevention and control system and donated 30 million yuan ($4,644,000) to support Hubei province, the former epicenter of the novel coronavirus outbreak in China.

It also created a complete industrial chain of protective medical supplies within a short time through changing the line of production and increasing the output of anti-epidemic materials, greatly alleviating supply shortages and showcasing its sense of responsibility.

Sinomach wraps up its share of poverty alleviation

In 2020, Sinomach focused on its targeted poverty alleviation campaign by promoting local development in agricultural machinery, garment processing, featured industries, cultural tourism and e-commerce.

From 2012 to 2020, the company contributed more than 450 million yuan ($69.66 million) in terms of poverty alleviation. It helped its four paired-up impoverished counties and districts shake off poverty by the end of 2019.

Sinomach-HE back in A-share market

SINOMACH Heavy Equipment Group Co (Sinomach-HE) after a five-year absence went back to get listed in the A-share market on June 8, integrating a restructured Erzhong (Deyang) Heavy Equipment Co and other quality resources in the heavy equipment industry of Sinomach.

Sinomach-HE is a featured product of Sinomach’s efforts to implement supply-side structural reform and achieve revitalization through reform.

Over the past sixty years, Sinomach-HE has pioneered a long list of innovative heavy equipment, breaking numerous technical bottlenecks at the national level.

Accelerating high-tech innovation of the China-Belarus Industrial Park

The foundation stone laying ceremony for Sinomach’s torch park construction project was held in the China-Belarus Industrial Park on May 12, the fifth anniversary of the inspection tour of the park by the leaders of China and Belarus.

The China-Belarus Industrial Park is a project of great concern to the governments of the two countries. Sinomach’s torch park will become the park’s center of science and technology innovation, leading resident enterprises to a higher level of development.

Sinomach announces Aug 7 as its anniversary

Sinomach, formerly known as the First Ministry of Machinery Industry, was established on Aug 7, 1952. The company celebrates the 7th day of August every year as its anniversary to promote the fine tradition and precious spirit of the machinery industry, and each year launches a series of themed activities.

Powering the Hainan FTP construction

Sinomach Hainan Development Co, a new subsidiary of Sinomach, opened on Dec 12 in Haikou, capital city of south China’s Hainan province. As a regional headquarters of Sinomach and with the grain trade as its mainstay, it takes an active part in building a comprehensive platform for the domestic and foreign agricultural trade business and in the construction of Hainan Free Trade Port.

Sinomach signs $5b in orders at CIIE

Shanghai Haihong Industrial (Group) Co, affiliated to Sinomach, ensured 28-day vehicle service for the 2020 China International Import Expo (CIIE), marking the third time that it has provided a service guarantee to the event.

At the event, Sinomach signed eight cooperation agreements in fields such as machinery and equipment and raw materials and minerals, with a total value of more than $5 billion.