China Fortune Machinery Group
China Fortune Machinery Group (CFMG) is a large-scale modern enterprise group, which is jointly invested and established by several large state-owned enterprises. It has a registered capital of 1.8 billion yuan, a total assets of 8.8 billion yuan, and a business scope of machinery, finance, investment and insurance.
Headquartered in Hebei, the company currently has two operative headquarters, respectively in Yanjiao High-Tech Development Zone and Guan Countys Economic Development Zone, both of which are national level technical innovation demonstration zones. The Yanjiao High-Tech Development Zone is the key investment project of Hebei Province and is declared Chinas top 500 private enterprises.
CFMG is specialized in non-metallic mineral products, engineering machinery, automotive components, port machinery, transportation equipment, metal structure and other industries. Its strategic goal is to become a world-class large-scale comprehensive enterprise group. It has also established scientific research centers and manufacturing centers in Beijing, Shandong, Hebei and other places, where a series of professional high-end products are manufactured.
The core products of the group include engineering drill rigs, port machineries, engineering non-metallic mineral products, engineering cranes and other mining equipment. Through the technological upgrading, we have made combination of the high-end technology of well-known enterprises such as Liebherr, Hitachi, Bosch, Weichai, Rongsheng and other equipment manufacturers.
The company also attaches great importance to independent innovation, has applied approximately 400 invention patents, 10 software copyrights, 5 sets of national industrial product production licenses, 1 national defense science and technology award, and more than 100 new product production lines annually. With the support from the government, we have established 10 research centers, with over 1000 research personnel. These centers are responsible for the research and development of core parts, material innovation and new products.
Moreover, CFMG is dedicated to the sustainable development, We have obtained national ISO 9000 and ISO 14000 certifications in terms of the quality management and environmental protection. Besides, the company is supported by the local government, offering employment opportunities to over ten thousand people, making significant contribution to the local economy.
Over the years, CFMG has won numerous awards, such as The Top 500 Chinese Private Enterprises, Chinas Top 500 Machine Tools, the Most Powerful Enterprises in Shijiazhuang, the Reputable Companies of China, and so on. We will strive to fulfill the strategic goal of becoming a world-class large-scale comprehensive enterprise group, and make our contribution to the sustainable development of Chinese economy.
