CITIC Equipment Manufacturing Group Established in Luoyang, Opening a New Chapter in Central-Local Collaborative Intelligent Manufacturing

On December 2, the inauguration ceremony of CITIC Equipment Manufacturing Group was held in Luoyang, Henan Province. The group officially commenced operations with the mission of "Intelligent Manufacturing Leads, Equipment Strengthens the Nation," marking a new stage in the coordinated central-local efforts to promote the intelligent, green, and integrated development of the manufacturing industry. Wang Kai, Deputy Secretary of the Henan Provincial Committee and Governor of Henan Province, and Xi Guohua, Secretary of the Party Committee and Chairman of CITIC Group, jointly unveiled the plaque for the establishment of CITIC Equipment Manufacturing Group. Concurrently, the completion and commissioning ceremony for the new site of the National Key Laboratory for Intelligent Mine Heavy Equipment was held.

In his speech, Wang Kai expressed gratitude to CITIC Group for its strong support of Henan's development and congratulated the successful unveiling of the two major platforms. He noted that Henan and CITIC Group have long maintained a good cooperative relationship, and this unveiling is a fruitful outcome of their deepened collaboration. Henan Province will take this opportunity to further strengthen strategic alignment with CITIC Group in areas such as equipment manufacturing, new materials, new energy, and robotics, continuously create a first-class business environment, provide high-quality services for CITIC Group's development in Henan, and jointly open a new chapter of mutual benefit and win-win cooperation.

As a key vehicle for CITIC Group to implement national strategies and serve the manufacturing powerhouse, the establishment of CITIC Equipment Manufacturing Group is both a practice of integrating into local layouts and empowering regional development, and an important measure to deepen the "Starlink" project for industrial enterprises and the "Rock" action for technological innovation. It is understood that by integrating the core assets of CITIC Group's manufacturing sector, the group has developed R&D and manufacturing capabilities in key industry chains such as advanced engineering machinery, robotics and CNC machine tools, energy-saving and environmental protection equipment, and advanced alloy materials, and will provide dual guarantees of "core technology + capacity support" for related industrial clusters.

In the future, CITIC Equipment Manufacturing Group will focus on three core industrial directions: equipment manufacturing, new materials, and robotics. With the vision of "building an equipment group with internationally first-class comprehensive competitiveness," it is committed to becoming the vanguard of CITIC Group's large-scale complete equipment industry, the leading benchmark for key advantageous industry chains in the central region, and the leader in core technological innovation in the equipment manufacturing field, contributing CITIC's wisdom and strength to the construction of a manufacturing powerhouse.

The simultaneously commissioned National Key Laboratory for Intelligent Mine Heavy Equipment, jointly built by CITIC Heavy Industries, Zhengzhou University, and Henan University of Science and Technology, was formerly the "State Key Laboratory of Mine Heavy Equipment." The first phase of the laboratory involved an investment of 272 million yuan, adding over 120 sets of experimental instruments and equipment, establishing a full-chain technical support system from basic detection to complete machine R&D. It will focus on cutting-edge technology research such as ultra-large minerals mills and deep-earth mineral resource extraction, providing core technical support for the group's equipment R&D.

According to the information, China CITIC Group Corporation was established by Comrade Rong Yiren in 1979 with the support of Comrade Deng Xiaoping. It was wholly restructured into a state-owned sole proprietorship corporation in 2011 and initiated the establishment of CITIC Limited. In 2014, it achieved an overseas listing as a whole. In 2025, CITIC Group was listed on the US Fortune magazine's Global 500 for the 17th consecutive year, ranking 62nd. As of December 31, 2024, the total assets of CITIC Limited reached 12,075.4 billion yuan, and the equity attributable to ordinary shareholders was 757.5 billion yuan, laying a solid foundation for the development of the equipment manufacturing group.