![]() China First Heavy Industries China First Heavy Industries (CFHI, 中国第一重型机械股份公司) is a company that manufactures metalwork machinery 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. | ![]() 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. | |
Founding Date | Founding Date 1954 | Founding Date 1997 | Founding Date 1956 |
Type | Type Public | Type Private | Type Public |
Tags | |||
Locations | Locations Qiqihar, CN HQ Beijing, CN Beijing, CN Dalian, CN Dalian, CN Harbin, CN Tianjin, CN | Locations Beijing, CN HQ Beijing, CN Tianjin, CN | Locations Luoyang, CN HQ Silverwater, AU Cape Town, ZA O Porriño, ES |
Employees | Employees 8,401 | Employees 120,0002% increase | Employees 6,983 |
Valuation ($) | Valuation ($) 3 b | Valuation ($) N/A | Valuation ($) 2.7 b |
Financial | |||
Revenue (est.) | Revenue (est.) ¥9.6b (FY, 2025) | Revenue (est.) ¥311b (FY, 2024) | Revenue (est.) ¥8b (FY, 2025) |
Cost of goods | Cost of goods ¥8.5b (FY, 2025) | Cost of goods ¥277.1b (FY, 2024) | Cost of goods ¥6.6b (FY, 2025) |
Gross profit | Gross profit ¥1.2b (FY, 2025) | Gross profit ¥33.9b (FY, 2024) | Gross profit ¥1.4b (FY, 2025) |
Net income | Net income (¥119m) (FY, 2025) | Net income ¥6b (FY, 2024) | Net income ¥366.3m (FY, 2025) |
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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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.
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