March 7, 2012, China National Machinery Industry Corporation (SINOMACH) issued its first 2012 medium-term notes of CNY 1.6 billion.

SINOMACH is a large state-owned group with the largest scale, widest diversification, most comprehensive lines of business and the strongest R&D capabilities in the Chinese machinery industry.  It is primarily engaged in R&D and manufacturing of machinery equipments, project contracting as well as trade and services.  Its services cover a wide range of key national economic sectors, offering professional services to over 140 countries and regions around the world.

Jingtian & Gongcheng acted as the issuer's lawyer.