SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD Stock

Sinomach Heavy Equipment Group Co Ltd, formerly China Erzhong Group Deyang Heavy Industries Co Ltd, is a company mainly engaged in research, development and manufacturing of mechanical equipment. The Company operates four businesses. The research, development and manufacturing of mechanical equipment business is engaged in the research, development and production of large scale metallurgical complete equipment, clean energy equipment and large scale casting and forging mechanical equipment. The project general contracting business involves a range of industries, including domestic and foreign metallurgy, mining, ports, transportation infrastructure, as well as power transmission and transformation projects. The trade and service business provides engineering contracting related services, including bidding agency and engineering supervision. The electricity sales business is conducted by the Company’s subsidiary to operate hydroelectric power station in Cambodia.