Is Shanxi North Machinery Manufacturing Co., Ltd. a state-owned enterprise?
Shanxi North Machinery Manufacturing Co., Ltd. is a state-owned enterprise. Shanxi North Machinery Manufacturing Co., Ltd. belongs to China Ordnance Industry Group Corporation, and is a large state-owned enterprise located in Taiyuan City, Shanxi Province. Shanxi North Machinery Manufacturing Co., Ltd. is the first batch of 156 key construction projects in New China. Its predecessor, Shanxi Machinery Bureau, originated from 1898 during the Westernization Movement. It is an important national defense equipment, energy conservation and environmental protection, energy machinery R&D and manufacturing backbone enterprise in China. It takes "strengthening the army to serve the country, rejuvenating enterprises and enriching the people" as its core mission, and insists on "taking the army as the foundation, taking integration of defense and civilian technologies as the base, carrying out reform and innovation, and innovating again". The product structure has formed three business segments: military products, civilian products and tertiary industry. The military plate mainly includes wheeled self-suppressing artillery series, military trade assault artillery series, marine shipborne weapons series and non-war equipment. Civil products are mainly energy-saving and environmental protection industries, and the products mainly include high-efficiency permanent magnet energy-saving motors, furnace breakers, steam turbines and so on. The business of the tertiary industry covers the fields of property, logistics, industrial culture and creativity.