Jinan No. 2 Machine-Tool Group Co., Ltd. founded in September 10, 1996 with the approval from the government, is a state-owned proprietorship reformed as a whole based on the previous Jinan No. 2 Machine-Tool Works, a large backbone enterprise of first class for manufacturing heavy-duty metal forming equipment and large metal cutting machines at present in China, in accordance with the requirements for experimental unit by the modern enterprise system in China. At present, the company owns 11 sub-works, 8 all-capital sub-companies, 2-equity Participation Company and 13 allied enterprises. Its total assets is RMB ¥ 1,100 millions. The company has the production operation right and assets operation right as well as the self-import and export right approved by the state.
Jinan No. 2 Machine-Tool Group Co., Ltd. covers an area of 1,010,000 m², including an area of 470,000 m² for production building. It has 6,800 employees (not including those in the 13 allied enterprises) among which there are 1,500 technicians and management personnel. Its leading products are various heavy-duty mechanical presses and large metal cutting machines. Both catalogs of products all make up above 80% in domestic market and have been exported to more than 40 countries and regions.
With the continuous development for many years, Jinan No. 2 Machine-Tool Group Co., Ltd. has now become the backbone enterprise in the machinery industry in China and the largest manufacturing base for heavy-duty metal forming equipment and large metal cutting machines in China. Its sales value takes the first place in that of the machine-tool industry in China. It is appointed by the state as one of the 300 key enterprises getting special support from the state for its excellent economic operation status and high market reputation.