A subordinate of NORINCO GROUP
Lingyun Industrial Group Co., Ltd. (Lingyun) is subordinate to NORINCO GROUP, which is a large and well-known group company in the field of domestic automotive manufacturing industry and plastic construction material industry. Both “Lingyun” and “Chinaust” are both well-known brands in the field of auto manufacturing industry and gas piping system in China. Lingyun has been on the list of China Top 500 Machinery Enterprises in the near six years in a row, and the annual sales revenue achieved 6,610,000,000 Yuan in 2012.
The abundant experiences in cooperating with the corporations with foreign capital
‘Introduction of foreign investment’ is an indispensable trend of facing by Chinese enterprises, which also was the key-word in NORINCO GROUP’s development plan.
In 1987, Chinaust Plastic Products Co. Ltd，the first sino-foreign joint venture industrial enterprise of NORINCO GROUP, was set up. In 1995, there were three new companies built successively, cooperating with GE and a Danish rubber company.