September 14, 2011, China National Machinery Industry Corporation (SINOMACH) successfully issued short-term financing bond of CNY 1 billion for the second phase in 2011.

Main businesses of SINOMACH include 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 including industry, agriculture, transportation, energy, construction, light industries, automobile, ship-building, mining, metallurgy and aerospace industries, offering professional services to over 140 countries and regions around the world.

Jingtian & Gongcheng acted as the issuer’s lawyer.