China Machinery Engineering Corporation (CMEC) was built on its predecessor China National Machinery & Equipment Import & Export Corporation through an overall reorganziation. On December 2st, 2012, CMEC was listed in the Hong Kong Stock Exchange. Founded in 1978, CMEC is the first large engineering & trade company in China, and a member of Chinal National Machinery Idustry Corporation. It is a conglomerate taking engineering contacting as its core business and intergrating trade, R&D, and international service.
After painstaking efforts for more than three decades, CMEC has successfully reshaped its business pattern, and envolved into an internationally reputed and domestically leading engineering contractor mainly engaged in international projects and trade. As a world-renowned engineering contractor, CMEC has been ranked among China's top 10 contractors by the business turnover from overseas contracted projects by the Chinese Ministry of Commerce for many consecutive yeas.
CMEC has always taken the leadership in the international contracting market, and in particular, been recognized as "China's First" in a number of international projects, As for its business in the power sector, in the 1980s, CMEC contracted the 210MW Guddu Thermal Power Station under the export seller's credit, the first of its kind in China. With the advent of the new century, CMEC took the lead to introduce the made-in-China 600 MW Supercritical Coal-fired generator set to the international market, which has been connected to the grid for power generation.
CMEC has aslo made outstanding achievements in other sectors, including the building of the first national radio & TV center in Africa.
According an IPSOS report, CMEC ranked 4th in 2012 among Chinese contractors in terms of revenue from international power and energy projects worldwide. In December 2012, CMEC's EREN 2x600 MW Supercritical Coal Fired Power Plant in Turkey won the Luban Prize (overseas Project), the highest prize for construction projects of China, Making it the first Coal Fired Power Plant to win the Prize. At the 11th China Congress on Project Management held in November 2012, the Phase I Project of Puttalam Power Plant in Sri Lanka was accorded the China Project Management Achievement Award by China Project Management Research Committee.
CMEC has extended its business each to more than 150 Countries and Regions in the fields of International Engineering Contracting and International Trade in general. The Contracting business involves a broad range of areas such as electric power, transportation, electronic communications, housing & architecture, plant construction, environmental protection, mining and resource exploration.
Now CMEC has 26 affiliates in the Chinese mainland, 13 affiliates in the Hong Kong Special Administrative Region (Hong Kong SAR) and foreign counties, and 26 representative offices overseas. As a key member of the China Chamber of Commerce for Import & Export of Machinery and Electronic Products (CCCME) and the China International Contractors Association (CHINCA), it has won a triple-A credit rating as an international contractor, and the high recongnition of government authorities, financial and environment, and occupational health and safety management, which ensures the top quality of the products and services it offers.
CMEC embraces the corporate pholisphy of "Create Ideas, Achieve Dreams", takes "improving people's quality of life" as its social responsibility, and devotes itself to the promotion of mutual benefit, common development, and harmonious progress. Carrying forward the corporate culture of "people orientation; innovation, competition and cooperation; integrity, devotion and harmony", CMEC is making every effort to build itself into an internationally leading contractor and service provider engaged in international contracting, international trade and related service industies.