China North Industries Corporation

China North Industries Corporation is the pioneer and leader of China's military trade, an important team implementing the national strategy and the "Belt and Road" initiative, and a main force in the internationalized operation of the industry. Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the company conscientiously implements the new development concept, adheres to high-quality development, and aims to build a world-class transnational corporation with global competitiveness. It vigorously promotes technological innovation, management innovation, business innovation, and business model innovation, establishing a global business network covering five strategic areas: military trade, petroleum, minerals, internationalized operation of civilian products, and investment and asset management, becoming a transnational enterprise integrating trade, industry, and modern finance. In 2018, the company achieved sales revenue of RMB 207 billion and a total profit of RMB 7.5 billion.
The company conforms to the development trend of the new military revolution in the world, driven by demand and technology, and develops and produces full-spectrum products such as information networks, firepower strikes, armored assault, air defense and anti-missile, bunker busting and armor piercing, and command and control. For different combat missions and different user needs, it provides advanced technology, products, and turnkey, systematic, and full-system solutions. It has formed a competitive advantage in the whole industrial chain integrating demand, technology, industry, and trade, established a world-renowned defense company brand, and demonstrated the strong strength of China's science and technology industry.
The company fully leverages the spillover effect of military trade, through military-oil interaction, military-mining interaction, military trade and investment interaction, and in areas such as energy and resource development, infrastructure construction, international production capacity cooperation, and emerging industry investment, it has built a large number of demonstrative and driving major projects and works. The petroleum business adheres to the strategy of "simultaneous development of oil and gas" and has successfully developed projects such as the Ahdab Oilfield in Iraq, EBS Oilfield, NPIC Oil and Gas Field in Egypt, KAM Oilfield in Kazakhstan, and the Yenangyaung and Chauk oilfields in Myanmar. The mineral business focuses on major minerals such as copper, cobalt, and gold, and has successfully developed projects such as the Monywa L Copper Mine and S&K Copper Mine in Myanmar, and the Kamoya Copper-Cobalt Mine and Pangbi Copper-Cobalt Mine in the Democratic Republic of Congo. International engineering and civilian products business plays an important role in promoting international production capacity cooperation and driving the export of China's equipment and technology. It has successively built and invested in a number of large infrastructure projects such as the Lahore Orange Line in Pakistan, the Addis Ababa-Djibouti Railway, Tehran Metro Line 4 in Iran, Nam Ngum Hydropower Station in Laos, ultra-supercritical thermal power plants in Bangladesh, and the Senj Wind Farm in Croatia. At the same time, it actively expands emerging industries and cultivates new competitive momentum in fields such as police anti-terrorism and riot control and logistics equipment, civil explosives and chemicals, heavy vehicles, advanced manufacturing, network security, Beidou applications, and safe cities.
The company continuously enhances its group financial solving capability and risk management capability by utilizing domestic and foreign financial resources, innovating financial products and tools, and fully leveraging the supporting role of modern finance in trade and industrial investment.
Looking to the future, the company is committed to promoting high-quality development, to strengthening the enterprise through trade, industry, quality, efficiency, and innovation, and to building a world-class transnational corporation with global competitiveness. It continues to uphold the business philosophy of win-win cooperation and "customer success," operate responsibly, and pursue sustainable development, working together with friends from all walks of life to create careers, share value, and win the future!