CITIC Heavy Industries Co,Ltd(CITICHIC) was formerly known as Luoyang Mining Machinery FactoryIt was merged into the CITIC Group and renamed as CITIC Heavy Machinery Company Ltdin 1993In January 2008,it was restructured to establish CITIC Heavy Industries Co,LtdIn July 2012,its Ashare was successfully listed for transactions in Shanghai Stock Exchange

After 60 years of construction and development,CITICHIC has become a nationallevel innovationoriented hightech enterprise,the world's largest mining and cement equipment manufacturer,one of China's largest heavy machinery manufacturing enterprises,China's processing base of lowspeed heavyduty gears,and a large castingforging & heat treatment center in ChinaWith four China top brands,such as “Luokuang” largesized ball mill,large reduction gear,large roller press and large rotary cement kiln,it can provide global customers with commodities and engineering services in such industries and fields as mining,metallurgy,nonferrous metal,building material,power,energy conservation and environment protection,electric drive and automation and key basic partsCITICHIC is reputed as “the Backbone of China's Industry and the Cradle of Major Equipment”

CITICHIC has the first stateapproved enterprise technical centers ranking top 10 of among China's 887 nationallevel technical centers,and has won the Achievement Award for National Technology CenterIts subsidiary,Luoyang Mining Machinery & Engineering Design Institute (LMMEDI),is China's largest organization for technology development and research in mining machineryWith the Grade A qualification for mechanical engineering design & engineering contracting,LMMEDI specializes in research,development and design of technical equipment and complete technological process for the China's basic industriesIt also has a State Key Laboratory—“Laboratory of Mining Heavy Equipment”Its postdoctoral working station has been set up and put into operationIt also established the advisory committee of academicians,experts and consultants,forming a highlevel expert team consisting of eminent scientists in all fields in the industry and a highintelligence innovation carrier

Upholding the core strategy of technological innovation,CITICHIC has developed over 20 core technologies,such as“The Design & Manufacturing Technology of UltraDeep Mine with Annual Output of Ten Millions of Tons and Hoisting Equipment”,“The Design & Manufacturing Technology of Mobile and Semimobile Crushing Stations with Annual Output of Ten Millions of Tons”,“The Design & Manufacturing Technology of Complete Equipment with Daily Output of 500012000 tons in the Novel Dryprocess Cement Production Line”,“Complete Process and Equipment Technology for Lowtemperature Medium Waste Heat Power Generation”,and “Technology of Applying Cement Production Line to Harmlessly Dispose Household Garbage”,creating a new pattern of green industries with largesized,integrated,complete and lowcarbon features

CITICHIC is one of the first 50 internationalized enterprises approved by the central governmentWith a view to achieving global strategic layout,CITIC HIC strives to build a global marketing & service network:wholly acquiring GANDARA in Spain,establishing branches in Australia,Brazil,Chile,South Africa,India and Southeast Asia,as well as a representative office in Russia;and exclusively buying out the 100% intellectual property of SMCC,becoming the owner of the most advanced mineral processing technology in the world