Zhengzhou Coal Mining Machinery Group Co., Ltd. (‘ZMJ’) was founded in 1958 and was transferred to Henan Province by the Ministry of Coal Industry in 1998. At present, the company has developed into an important global coal mining technology and equipment supplier, and a multinational auto parts enterprise group with international influence. ZMJ is a listed company with A+H shares and a state-owned enterprise with mixed equity. It currently has three business segments: coal mining machinery, auto parts, and investment. It has 28 branches and more than 17,000 employees in 18 countries and regions around the world. In 2014, the company was listed as a "dual pilot" unit for the development of mixed-ownership economic reform and professional manager system reform in Henan Province. In 2018, it was selected as a "Double Hundred Action" enterprise for state-owned enterprise reform by the State-owned Assets Supervision and Administration Commission of the State Council. From 2019 to 2020, it was continuously selected as China Machinery Industry Top 100 companies and Fortune 500 companies in China.
For over 10 consecutive years, the major economic indicators of the ZMJ’s coal mining machinery sector have ranked top within the trade, with domestic market share maintained at 30% and above. The corporation’s products have been supplied to many prestigious enterprises in China and exported to Russia, the United States, Australia, Turkey, India, Vietnam and set forth. Supported by its R&D departments such as state-level enterprise technology center, post-doctoral institute and academician institute, ZMJ has undertaken many China's key R&D programs on coal mining equipment which helps guide the future development of China's coal mining technology.
About MoreIn 2016, ZMJ established its automotive parts sector through M&A over SEG Automotive and ASIMCO Technologies. The sector is now dedicated to producing automotive parts and generators. With an extensive product portfolio including automobile starters, generators, start-stop motors, and Boost Recuperation Machine(BRM), SEG Automotive processes 9 manufacturing and R&D centers worldwide. Supported by its sales offices over 12 countries, SEG Automotive now takes 17% global market share, ranking 3rd in the industry.
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As the first project of ZMJ’s investment sector, Sesame Street Industry Co., LTD., a ZMJ’s wholly-holding enterprise, is designated to reframe the 44-hectare industrial estate of ZMJ’s west plant. The renovation project aims to build a novel property block for industry operation and create an enabling industrial space and a mixed operating mode that combines cultural and technological business start-ups. The project is hoped to maintain the old memories of the city and form diversified communities so as to strike a balance between environment and development. The project is also expected to draw talented personnel from the city, province and beyond to foster entrepreneurship and innovations, constantly vitalizing the industries in the region.
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