Company Introduction
A comprehensive state-owned capital investment and operation company of Luoyang city.
Having 44 wholly owned.holding or participating subsidiaries;
Its business covers construction machinery, mining resources, Non-ferrous metal, block trade etc. Luoyang Sino Grandeur International, Ltd. is under the Luoyang SASAC. Through the international economic and trade platform established jointly by Luoyang state owned Assets Management Co., Ltd. is an important member of Sino Grandeur group. Sino Grandeur group is a comprehensive state-owned capital investment and operation company of Luoyang city, with registered capital of 2 billion Yuan, total assets of 12 billion Yuan and net assets of 10 billion Yuan. Having 44 wholly owned, Holding or participating in subsidiaries; and owns several large manufacturing enterprise equity investment, such as CITIC Heavy Industries Company Ltd (CITIC HIC),YTO Group Corporation,CLFG,SinoSteel Refractory Co., Ltd etc., China molybdenum Co., Ltd. business covers many fields. such as industrial manufacturing, mineral resources exploration and development, investment and financing.
The main business sections of Sino Grandeur international include: engineering machinery, such as pavement machinery, earthwork machinery, mining machinery, construction machinery, etc.; agricultural machinery such as tractors, wheeled tractors, harvesting machines, grain dryers, large equipment including shield machines, earth machines, port machinery, mine cars, large bearings; and related coloured bearings. Metals, bulk trade, oil and natural gas and other large commodities in international trade.
In order to integrate and focus "The Belt and Road", Sino Grandeur International has continuously deepened the non-ferrous metal industry since its establishment, building sales networks in China's inland, South America, Africa and other regions, promoting the non-ferrous metal industry to move to the global market and further expanding the market share of the overseas market.
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