Development of China Electromechanical Export Products Investment Company

Cmec has unique advantages in scientific and technological resources. 1999 to 2006, the state allocated 52 national high-tech industrialization demonstration projects of the company, involving eight industries, such as power transmission and transformation, electric power control, numerical control basic equipment (coal mine digital system and safety monitoring), automation control, environmental protection, medical equipment, rail transit, instrumentation and shipping. Entrusted by the relevant ministries and commissions of the state, it undertakes the implementation and service work of the World Bank's science and technology development project loan to build 47 national engineering centers. Most of these projects are established by national scientific research institutions, universities and large enterprises, and they are the vanguard of national science and technology industrialization. More than one third of them are closely related to the main business of the group, and some scientific and technological innovation projects have achieved leading results in China. Relying on the powerful scientific and technological resources of 52 national debt projects and 47 national engineering centers, taking energy conservation and emission reduction and enterprise information construction as the breakthrough, it provides technical support for the group company to build a "five-type enterprise", especially a scientific and technological innovation enterprise.

The company includes national high-tech industrialization projects and 36 joint ventures, including 6 holding and largest shareholder joint ventures and 30 equity joint ventures. Three of the 36 joint ventures are listed companies.

Headquartered in Beijing, China Electromechanical Corporation consists of an office, a comprehensive business department, a finance department, a planning investment and project management department and a science and technology development department. The company consists of six holding (large) joint ventures, with a total of 420 employees, including 82 from the headquarters. As of June 65438+February 3, 20081,the company's total assets were152.2 million yuan, and its net assets were146 million yuan (according to the new accounting standards).