On June 11, Shandong Heavy Industry Group Co., Ltd. (Shandong Heavy Industry) and China National Machinery Industry Corporation (Sinomach) entered into a strategic cooperation agreement in Beijing.
Tan Xuguang, Party Secretary and Chairman of Shandong Heavy Industry and Ren Hongbin, Party Secretary and Chairman of Sinomach attended the signing ceremony.
Shandong Heavy Industry is one of China's strongest equipment manufacturing groups. Sinomach is China's largest central machinery group. The strategic cooperation between the two sides will comprehensively push forward business collaboration, accomplish common development, and inject new vitality for the transformation and upgrading of China's equipment manufacturing.