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Brief of NORINCO GROUP

China North Industries Group Corporation(NORINCO GROUP), is a major, centrally-administered State-owned enterprise as the foundation for national security and armed forces equipment development, as the main body for research and development of weapons and equipment of armed forces, as the backbone force for development of destruction and informationized equipment of armed forces, as the support in the process of Going-out strategy as well as the main force in promoting integrated military and civilian development.

Since the 18th National Congress of Communist Party of China, NORIINCO GROUP has fulfilled the task of Steady Economic Growth year by year. From 2014 to 2015, NORINCO GROUP ranked NO.1 two years in a row among military-industrial groups, in the evaluation of the task defense research and production. The scale of operation and military export are among the highest in military-industrial groups. NORINCO GROUP has remained a Class-A enterprise in SASAC for 12 years and 4 terms, and has won three special awards for Best Performance, Technological Innovation, Energy-saving Emission. And the ranking of Fortune Global 500 moved up from 348th in 2010 to 134th in 2016.

There are 51 member units under NORINCO GROUP altogether mainly distributed in several provinces, autonomous regions and municipalities in China, including Beijing, Shaanxi, Gansu, Shanxi, Hebei, Inner Mongolia, Liaoning, Jilin, Heilongjiang, Shandong, Henan, Hunan, Hubei and so on. There are dozens of overseas branches established all over the world.

By the end of 2016, NORINCO GROUP’s total asset was close to 369.295 billion yuan, while the employees totaled 253,000.

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