002046Sinomach-PISZSE

Sinomach Precision Industry Group Co., Ltd.

国机精工

002046

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryGeneral Machinery Manufacturing
ISINCNE000001LY1
ListedMay 26, 2005
Websitewww.sinomach-pi.cn
IR Emailstock@sinomach-pi.com
Phone(+86)371-67619230
AddressNo. 121, Kexue Avenue, New Material Industrial Park, Zhengzhou, Henan

Company Profile

(1) Technological Advantages The company currently has more than 50 national, provincial and ministerial-level technological innovation platforms or industry organizations. Among them, the Luoyang Bearing Research Institute Co., Ltd. (ZYS) has established more than 20 national, provincial and ministerial-level innovation platforms or organizations, such as the National Enterprise Technology Center, the National International Cooperation Base for Digital Design of High-performance Bearings, the National Bearing Quality Supervision and Inspection Center, the Technical Committee of the China Bearing Industry Association, the National Technical Committee for Standardization of Rolling Bearings, and the China Secretariat of ISO/TC4. The Zhengzhou Abrasives Grinding Research Institute Co., Ltd. (ZZSM) has taken the lead in establishing more than 20 national, provincial and ministerial-level innovation platforms or organizations, including the National Key Laboratory of High-performance Tools, the unique National Engineering Research Center for Superhard Materials and Products, the National Enterprise Technology Center, the National Abrasives and Grinding Tools Industry Metrology and Testing Center, and the National Technical Committee for Standardization of Abrasives and Grinding Tools. In 2024, the company accepted 122 patent applications, including 3 international invention patents and 89 invention patents. It obtained 60 authorized patents, including 1 international invention patent and 42 invention patents. As of the end of the reporting period, the company had a total of 806 valid patents, including 5 valid international invention patents and 573 valid domestic invention patents. In 2024, the company had 67 standards under research, including 2 international standards, 17 national standards, 12 industry standards, and 5 group standards. It issued 42 standards, including 5 international standards, 14 national standards, 10 industry standards, and 2 local calibration specifications. In 2024, the company won 11 scientific and technological awards at or above the provincial and ministerial level, including 8 awards from the China Machinery Industry Federation and 3 provincial scientific and technological progress awards. The project achievement of "Key Technologies and Applications of High-quality and High-efficiency Abrasive Processing of Semiconductor Materials" led by ZZSM won the Second Prize of the National Science and Technology Progress Award in June 2024. (2) Product System Advantages The company focuses on providing new materials, high-reliability basic components, and high-end equipment for national economic and national defense construction. By concentrating on key areas, specializing in core technologies, and focusing on customer value, it holds a leading position in multiple product fields in China and has formed strong product system advantages. A. New Material Products: Independently developed the preparation and processing technologies of MPCVD (Microwave Plasma Chemical Vapor Deposition) diamond crystals, achieved mass production, has the ability to independently develop MPCVD diamond production equipment, and established a new high-power MPCVD large-size single crystal/polycrystalline diamond production line. The intellectual property rights are independent, safe, and controllable. B. Basic Component Products: The company owns the well-known industry brand "ZYS". In the field of special bearings for satellites and their launch vehicles, it has a market share of more than 90%. C. Medium and High-end Superhard Material Products: The company owns well-known industry brands such as "ZZSM" and "Xinya". It has effectively broken the monopoly of foreign multinational companies in fields such as chips, automobiles, LEDs, and oil drilling, and has become a leader in the domestic market. D. High-end Equipment: The performance of high-pressure equipment and special equipment has reached the international advanced level, improving the overall technical level of the industry's core equipment and leading the development of the industry. E. Supply Chain Management and Service Business: The company has strong industry product integration and resource integration capabilities. Professional service platforms at home and abroad effectively extend the industrial chain, providing customers with overall solutions and comprehensive services. It owns the well-known industry brand "CAEC", which is a famous comprehensive import and export service provider of abrasives and grinding tools in China. It has the advantages of platforms, professionalism, markets, resources, etc., and has a high industry status, brand awareness, and the ability to integrate industry products and service resources in the domestic and foreign abrasives and grinding tools industry. (3) Resource Synergy Advantages The company has strong product R&D and manufacturing capabilities, a relatively complete product structure and industrial chain. Most of its subordinate manufacturing enterprises are industry leaders, and it has strong industry product integration and resource integration capabilities, having obvious advantages in providing customers with overall solutions and comprehensive services. It actively builds operation platforms such as industrial Internet, public technology service centers, and procurement logistics, promotes the improvement of the industrial chain integration ability, and continuously improves its industry influence and control. (4) Talent Advantages In accordance with the requirements of "responsibility integration, key focus, value-driven, direct connection between efficiency and salary, and connection between efficiency and position", the company adheres to the principles of value creation and incremental incentives, forms a performance appraisal and broadband salary management system, and promotes the establishment of a market-oriented distribution system of "value creation target traction, value evaluation performance appraisal, and value distribution incentive and restraint". With capacity building as the core, it establishes a job competency model, promotes the classification of employees into ABC categories, implements precision training and action learning, strengthens the management of core backbone talents, builds a learning team, and forms various talent development and management systems. Through years of internal cultivation and external recruitment, the company now has a backbone team including outstanding talents in R&D, management, production, marketing and other aspects.

Full description

The company's main business covers bearing industry, abrasives industry and related fields of R & D and manufacturing, industry services and technical consulting, trade services, etc., divided into new materials, basic parts, machine tools, high-end equipment, supply chain management and service five business segments. 1. New material plate The New Materials segment includes diamond materials and composite superhard materials businesses. The overall positioning is to focus on the key materials with close development of high-end basic parts and major technical equipment, and meet the new functional materials required for intelligent manufacturing equipment, energy equipment, instrumentation, and key basic parts. The main products of the new material plate composite superhard material business are diamond composite sheet, diamond wire drawing die blank and composite superhard material for cutting tools. Diamond composite sheet has high wear resistance, heat resistance and impact resistance, mainly used in oil, natural gas, coal field geological drilling. With excellent product performance, stable product quality and strong research and development strength, the company has become an important supplier of high-end composite superhard materials in China. 2, Basic parts plate The basic parts segment includes special and precision bearings, electric spindles and other businesses. The overall positioning is to support the key technological breakthroughs in the national bearing field, lead the industry technology and industrial development, and become China's high-end bearing R & D innovation center and high-tech industrialization base; Open and integrate industrial resources, and become a platform for bearing technology innovation, product integration and business services in China. The main products of the basic parts segment are special bearings represented by aerospace bearings, precision machine tool bearings, large (extra-large) bearings for heavy machinery, and electric spindles for machine tools. Special bearings mainly serve China's national defense military industry, precision machine tool bearings and machine tool electric spindle are mainly used in machine tool industry and machine tool maintenance market, heavy machinery with large (extra large) bearings including shield machine bearings and accessories, wind turbine yaw and variable propeller bearings, metallurgical bearings and engineering machinery bearings. The main profit of the bearing business segment comes from special bearings. In recent years, with the development of China's national defense military industry, the company's special bearing business has grown significantly. 3. Machine tool plate The machine tool segment includes superhard material products and other businesses. The overall positioning is driven by scientific and technological innovation, adhere to the product characteristics and positioning of "specialized, refined, special and new", deepen the superhard material industry, implement the product leadership strategy, and become a technical efficiency leader in the subdivision industry and a professional manufacturing service platform. The main products of the superhard material products business of the machine tool segment include V-CBN grinding crankshaft/camshaft wheel, ultra-thin cutting wheel and scribing knife for semiconductor packaging, scribing knife for wafer cutting, grinding polysilicon and monocrystal silicon wheel, grinding LED wheel, CNC tool grinding machine with grinding wheel, ceramic carrier plate for CMP, diamond grinding fluid, etc. Mainly used in automotive, chip industry, LED, photovoltaic, refrigeration, tools and other industries. As the leader and promoter of China's superhard material industry, the company has solved many major, common and key technologies that restrict the development of the industry. 4, High-end equipment plate The high-end equipment segment includes high-pressure equipment and other high-end equipment businesses. The overall positioning is to strengthen the intelligent equipment, high-pressure equipment and high-performance equipment in the superhard material industry, testing instruments and processing equipment in the bearing industry, and the coordinated development of the other four plates, leading the overall technical level of the industry's core equipment to high-end. The products of the high-end equipment segment originated from the first hinged six-sided top press with independent intellectual property rights in China in 1965. After years of development, the existing products mainly include mixing equipment, forming and sintering equipment, high pressure equipment, vapor deposition equipment, testing equipment, non-standard customized automated production line, intelligent unit workstation and processing and testing equipment. Mainly used in semiconductor materials, medicine, powder metallurgy, abrasives and other industries. The company focuses on the research and development and production of transformative equipment in the industry, solves the pain points of the industry, and serves the industry to achieve high-quality development. 5. Supply chain management and service sector The Supply Chain Management and Services segment includes both international and domestic platform related businesses. The overall positioning is to create a digitally-driven, competitive international industrial chain and supply chain, with the supply chain operation of national machinery as the core business, focusing on cultivating two international and domestic platforms, extending the main responsibility and main business to services, promoting business model transformation and digital transformation, improving supply chain integration service capabilities, and creating an industrial Internet platform. The international platform business of supply chain management and service sector is mainly operated by China Machinery Cooperation, which has been an influential abrasive tools import and export company in China. In the field of abrasive tools import and export, it has accumulated a wide range of customer and supplier resources and enjoys a high reputation. As the company's international integrated business platform, Sino-Machine cooperation actively drives the main business to become stronger, focuses on the main line of "structural adjustment, transformation and upgrading", effectively promotes strategic performance closed-loop management, accelerates the optimization of business structure, constantly innovates business models, focuses on strengthening channel construction, and continuously builds core capabilities to guide the company on the track of high-quality development. As the leader and promoter of China's superhard material industry, the company has solved many major, common and key technologies that restrict the development of the industry.

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