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CITIC HIC's competitors and similar companies include Sinomach and ZYNP.
 CITIC HIC CITIC HIC (CITIC Heavy Industries Co., 中信重工机械股份有限公司) is a manufacturer and seller of heavy equipment. |  Sinomach Sinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment. | ||
Founding Date | Founding Date 1956 | Founding Date 1997 | Founding Date 1958 |
Type | Type Public | Type Private | Type Public |
Tags | |||
Locations | Locations Luoyang, CN HQ Silverwater, AU Cape Town, ZA O Porriño, ES | Locations Beijing, CN HQ Beijing, CN Tianjin, CN | Locations Jiaozuo, CN HQ Neckarsulm, DE Romulus, US |
Employees | Employees 6,983 | Employees 120,0002% increase | Employees 5,686 |
Valuation ($) | Valuation ($) 2.7 b | Valuation ($) N/A | Valuation ($) 496.7 m |
Financial | |||
Revenue (est.) | Revenue (est.) ¥8b (FY, 2025) | Revenue (est.) ¥311b (FY, 2024) | Revenue (est.) ¥3.1b (FY, 2024) |
Cost of goods | Cost of goods ¥6.6b (FY, 2025) | Cost of goods ¥277.1b (FY, 2024) | Cost of goods ¥2.5b (FY, 2024) |
Gross profit | Gross profit ¥1.4b (FY, 2025) | Gross profit ¥33.9b (FY, 2024) | Gross profit ¥814.6m (FY, 2024) |
Net income | Net income ¥366.3m (FY, 2025) | Net income ¥6b (FY, 2024) | Net income ¥234.5m (FY, 2024) |
For sources of this data, please see the company profile
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Sinomach
HQ
Beijing, CN
Employees
120,000↑ 2% increase
Sinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment.
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ZYNP
HQ
Jiaozuo, CN
Employees
5,686
ZYNP (中原内配集团股份有限公司) is a manufacturer of cylinder liners.
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