|China Machinery Engineering Corporation (“CMEC”) was built on its predecessor China National Machinery & Equipment Import & Export Corporation through an overall reorganization. CMEC, first founded in 1978, is the first large engineering & trade company in China, and a member of China National Machinery industry Corporation. The company is a giant business complex engaged in project engineering as the core business, integrating trade, R&D, and international service, and combining technology and trade.
After the painstaking efforts for more than three decades, CMEC has successfully reshaped its business pattern, and evolved into an internationally reputed and domestically leading international contractor engaged in internal project contracting as the core and international trade as the principal operation. As an internationally reputed contractor, CMEC has ranked among top 10 overseas contractors by completed business volume published by the Chinese Ministry of Commerce.
CMEC has always taken the leadership in the international contracting market, and in particular, created multiple “China’s Firsts” in the international electric power & energy field. Based on the financial data derived from ENR’s top 225 international contractors list, in 2011, CMEC ranked sixth among global international contractors in terms of total revenue generated from international contracting work in the power sector performed in 2010. According to the IPSO Report, CMEC ranked first among all Chinese contractors in terms of total revenue generated from international power projects from 2007 to 2009.
In the 1980s, CMEC contracted the Guddu 210MW Thermal Power Station, the first international contracting project China has ever undertaken under the seller’s export credit, and in the new century, CMEC has first sold the homemade 600MW supercritical coal-burning generating set, which has now started power generation, to the international market. CMEC has also made outstanding achievements in other areas, including the contracting of the first national radio & TV center project in Africa.
Now, CMEC has extended its business reach to more than 150 countries and territories in the fields of international contracting and general international trade. The contracting business involves a broad range of areas such as electric power & energy, transportation, electronic communication, housing & architecture, manufacturing and processing plant, environmental protection, mining and resource prospecting.
CMEC now owns 26 affiliates in China, operates 13 affiliates overseas and in the Hong Kong Special Administrative Region, and runs 26 foreign representative offices. The company is a key member of the China Chamber of Commerce for Import & Export of Machinery & Electronic Products and the China International Contractors Association. It has been identified as an enterprise with top credit standing in the international contracting industry, and extolled by the government authorities, financial and insurance institutions and peers. CMEC has established sound management systems for quality, environmental, occupational health and safety, and passed the ISO9001:2008, ISO14001:2004 and OHSAS 18001:2007 certification, which ensures the first-class level and quality of products and services it offers.
CMEC pursues the corporate concept of “Create Ideas, Achieve Dreams”, upholds the social responsibility concept of “enhancing the living quality of people", and continuously dedicates itself to mutual benefit, common development, and harmonious progress. Carrying forward the corporate culture of “people orientation; innovation, competition and cooperation; integrity, devotion and harmony”, CMEC is making every effort to build itself into an international business complex with the leadership in China and the international reputation.