China First Heavy Machinery Group Corporation (Chinafirstheavyindustries, abbreviated China First Heavy Machinery Group Corporation logo "CFHI", Chinese abbreviation "China First Heavy"), formerly known as the First Heavy Machinery Factory, was founded in 1954, is currently the central management involving national security and national economic life. "China First Heavy Machinery Group Corporation (CFHI), formerly known as the First Heavy Machinery Factory, was founded in 1954, and is one of the 53 important state-owned backbone enterprises involving national security and the lifeline of the national economy under the management of the central government, and initiated the establishment of China First Heavy Machinery Corporation in December 2008, and successfully realized the overall listing in February 2010. As of the end of 2010, it had 11,679 employees, including 2,270 engineers and technicians, with total assets of 29.1 billion yuan. [1] The company mainly provides major sets of technical equipment, high-tech products and technical services for the iron and steel, electric power, automobile, mining, petrochemical, nuclear power, transportation and other industries, as well as the national defense and military industries, and carries out related international trade. Now we have formed metallurgical equipment represented by cold hot strip mill, plate mill, continuous casting machine and converter, petrochemical vessel represented by hydrogenation reactor and coal-to-oil reactor, nuclear island equipment represented by nuclear power reactor pressure vessel and voltage stabilizer, large-scale power generation equipment castings and forgings represented by Three Gorges blades, upper crowns, and high, medium and low-pressure rotors, and mining and industrial accessories represented by extra-large forgings, cast steel rolls and cast iron rolls, and 5,000-ton large-scale mechanical pressurized parts and components. Accessories, 5000 tons of large-scale mechanical presses, hot die forging, represented by the heavy forging equipment and other eight categories of leading products.
Yi Chong has been aiming at building a large-scale enterprise group with international competitiveness, and has been constantly developing and enterprising. At present, it has five holding subsidiaries and one wholly-owned subsidiary as well as two tertiary holding subsidiaries, which are located in Qiqihar, Dalian, Shanghai, Tianjin, etc. The subsidiaries and sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-sub-subsidiaries are engaged in the comprehensive production of heavy-duty equipment products, specialized manufacturing and services, international trade, as well as design and R&D, which make Yizhong have the comprehensive capability from design, R&D, manufacturing, assembling and transport, and international trade. It has the comprehensive ability from design, research and development, to manufacturing, assembly, transportation and international trade. At the same time, Yizhong has established a wide range of cooperative relations with international famous heavy industry enterprises, such as Simak of Germany, P&H of the United States, Mitsubishi and Hitachi of Japan, Famatom of France, Austrian AuGanglian, Doosan Heavy Industries of South Korea, and Tairi of Italy.