Development course of Ningxia Tiandi Niu Ben Group Co., Ltd.

The company, formerly known as Northwest No.1 Coal Mine Machinery Factory, was founded in 1966 and put into production in 1970, which is a large national enterprise. In 2004, the group company was successfully transformed from the original wholly state-owned company into a joint-stock enterprise with various property rights, and a new corporate governance structure was established, named Northwest Niu Ben Group Company. In 2006, Northwest Niu Ben Group Company and Beijing Tiandi Technology Co., Ltd. realized the alliance and established Ningxia Tiandi Niu Ben Industrial Group Co., Ltd.