The hottest National Machinery reshipment was appr

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On March 13, the Shanghai Stock Exchange (hereinafter referred to as "Shanghai Stock Exchange") announced that it agreed to the relisting of SINOMACH Heavy Equipment Group Co., Ltd. (hereinafter referred to as "Sinomach"), a subsidiary of Sinomach group. As the predecessor of national heavy equipment, China Erzhong experienced a butterfly change from nirvana to flagship voyage

China Erzhong was founded in 1958. It is a national major technology and equipment manufacturing base. It is one of the few enterprises with extreme manufacturing capacity in the field of major technology and equipment in the world. It plays a strategic and fundamental role in the national economy and national defense construction

since 2011, due to the comprehensive influence of various factors such as industry and its own operation, China Erzhong has faced unprecedented difficulties and fell into the brink of bankruptcy and liquidation

in July 2013, some metal chips will be produced

under the care of the CPC Central Committee and the State Council, and with the care and support of the state owned assets supervision and Administration Commission of the State Council, state machinery group and China Erzhong will implement joint restructuring

after the joint reorganization, the state owned assets supervision and Administration Commission of the State Council guided the state machinery group and China Erzhong to formulate the overall plan for China's dual reform and revitalization. State machinery group established the leadership and working group of China's dual reform and revitalization, and used the strength of the whole group to solidly promote the implementation of a series of comprehensive reform measures and achieved results

in May 2015,

China Erzhong Group (Deyang) heavy equipment Co., Ltd. (hereinafter referred to as "Erzhong heavy equipment") chose to delist actively, which became the first successful case of China's capital market delisting system reform and won the recognition of the market and investors. When the company voluntarily delisted, it made a commitment to strive for re listing as soon as possible

after the active delisting, China double and double heavy equipment, in accordance with the central government's deployment on supply side structural reform, deleveraging through debt restructuring, revitalizing assets to reduce production capacity, reducing weight and reducing protection (without the hassle of replacing hydraulic oil), reducing inventory, improving quality and efficiency, reducing costs, integrating resources to make up for weaknesses, constantly optimizing business layout, asset quality, operating mechanism, and rationalizing operating costs, debt levels, and personnel size. In 2016 and 2017, China Erzhong achieved a total profit of 533 million yuan and 566 million yuan respectively. The practice of China's dual reform and poverty relief has become a typical case of exploring the supply side structural reform and the reform and reorganization of state-owned enterprises

the integration of science, industry and trade, and Sinomach heavy equipment set sail

in March 2018, Sinomach group took the reborn China's dual core manufacturing industry as the platform, integrated the high-quality resources of the heavy equipment sector within the group, such as Sinomach and China Academy of heavy equipment, and established the national flagship of high-end heavy equipment, Sinomach heavy equipment, which integrates science, industry and trade and covers the whole industrial chain, and officially put into operation

at the end of 2018,

Sinomach heavy equipment Co., Ltd. completed the targeted issuance, implemented the rights and interests of state-owned capital, and introduced five strategic investors from relevant central enterprises upstream and downstream of the industrial chain. The asset liability ratio of Sinomach further fell to less than 60%, which promoted the enterprise to go into the battle with light equipment and further optimized the diversified property right structure of Sinomach

in 2018 and 2019,

materials with an elongation of more than 1000% can choose to travel 1000 or 1200mm. Sinomach heavy equipment achieved an operating revenue of 9.523 billion yuan and 9.265 billion yuan respectively, with a total profit of 620 million yuan and 640 million yuan, maintaining a good momentum of high-quality development

Sinomach heavy equipment Co., Ltd. not only has the industry-leading national scientific research institutes and the world's highest level of extreme manufacturing capacity, but also has global market layout and international engineering contracting and service experience. It has the advantages of the whole industrial chain from scientific research, manufacturing to international engineering trade. It is the backbone that represents the national high-end equipment manufacturing level, has international competitiveness, and promotes the international production capacity cooperation of major technical equipment

in recent years, focusing on "forging the advantages of national machinery and serving the needs of the country", Sinomach heavy equipment has accelerated the transformation and upgrading of traditional fields and focused on solving the "neck sticking" problem; Seize the opportunities of strategic emerging industries, accelerate the development and innovation of emerging fields, and strive to cultivate new growth points. We have successfully developed major complete sets of equipment, such as 12000 tons of aviation aluminum alloy thick plate stretching machine, 19500 tons of free forging oil press, and new intelligent hot die forging press; We have successfully developed high-end castings and forgings such as million KW ultra supercritical thermal power high and medium pressure rotors, million KW nuclear power conventional island rotors, million KW hydropower turbine castings and forgings, heavy-duty gas turbine composite rotors, and the rotor center body of changlongshan pumped storage unit with the highest head in China; Successfully developed nuclear power equipment such as cap1400 coolant main pipeline, core make-up water tank and "Hualong 1" main pipeline of the first overseas reactor; The 2400 ton forge welding hydrogenation reactor has been successfully developed, breaking the weight record of similar products in the world; The 100 kW flywheel energy storage device has achieved demonstration application, and the 50 kW and 200 kW flywheel energy storage devices have been developed in a synchronous series; The pulverized coal pyrolysis rotary reactor with an annual output of 600000 tons was successfully put into operation, and the development of the pulverized coal pyrolysis rotary reactor with an annual output of 1.2 million tons was accelerated; Garbage melting and cracking equipment was put into production, and sludge pollutant treatment equipment was put into trial operation

at the same time, Sinomach adheres to the "going out" strategy, vigorously explores the international market, and actively participates in the construction of the "the Belt and Road". Set up marketing branches in more than 40 countries (regions) around the world; More than 100 overseas key projects have been undertaken in the EPC mode, forming a virtuous circle of overseas projects that "develop a batch, sign a batch, and implement a batch"; The successful overseas investment in BOT mode has achieved good investment benefits

re listing and reloading the flagship line of steady Zhiyuan

█ on December 12, 2019, Sinomach reloading applied to the Shanghai stock exchange for re listing

█ on March 13, 2020, the Shanghai Stock Exchange made a decision to agree to the relisting of SINOTRUK according to the review opinions of the listing committee

from 2013 to 2020, looking back on the seven-year reform process, with the care of the higher authorities and the support of all parties, from China's second heavy industry group to the state machinery heavy industry group, we have always adhered to the leadership of the party, strengthened party building, unswervingly deepened the supply side structural reform, unswervingly promoted high-quality development, significantly enhanced the comprehensive competitiveness of enterprises, and significantly improved the quality and efficiency of development within the life cycle of vehicles, It is about to return to the main board market with a new image, and take practical actions to effectively fulfill its commitments when actively delisting, showing a negative image of central enterprises

looking forward to the future, Sinomach heavy equipment, as the leading enterprise in the high-end heavy equipment sector of Sinomach group, will continue to lead high-quality development with high-quality party building, strengthen its mission, better play the role of "pillar" and "ballast stone" in forging national heavy weapons, promoting industry development, serving national major projects and other undertakings, constantly enhance the core competitiveness of enterprises, strengthen, optimize and expand the high-end heavy equipment manufacturing industry, Strive to build a world-class high-end heavy equipment integration service provider and repay investors with good performance

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