Henan Machinery Investment Group Co., Ltd., approved in 2015 by People's Government of Henan Province, is a state enterprise solely owned SASAC (State-owned Assets Supervision and Administration Commission) of Henan Province Government, financially contributed with its corresponding net assets by assessed value of 32.14% state share of Zhengzhou Coal Mining Machinery (Group) Co., Ltd., 100% state share of Luoyang LYC Bearing Co., Ltd., 60.87% state share of Luoyang Bearing Shareholding Co., Ltd. The registered capital of the group is 5.5 billion RMB, currently it is mainly involved in the coal machine and bearing manufacture two major sectors.
As a leading model of sated-owned capital investment and pilot operating corporation, Henan Machinery Investment Group Co., Ltd,(hereinafter referred as to “Company”) is an important pilot platform for the Henan government optimizing the state-owned capital layout structure, developing the mixed ownership economy, improving the modern enterprise system and transforming the supervision mode of the state-owned assets. Company undertakes the tasks of integration and development in the field of machinery of Henan province, which is playing an important role in vitalizing state owned enterprises, enhancing their competitiveness and developing its leading forces.
Mission: Improving the quality of industry capital operation, preserving and increasing government capital
Vision: Become a leader in the capital integration of equipment industry
Philosophy: Trend, concentration, flexibility and win-win situation
Culture: Active, responsibility, innovation and refinement.