Xinjiang Machinery Research Institute Co., Ltd
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Xinjiang Machinery Research Institute Co., Ltd. (hereinafter referred to as Xinyan Co., Ltd.) is a high-tech enterprise specializing in the research, design, manufacturing, and sales of agricultural and animal husbandry machinery, a national innovation pilot enterprise, a key high-tech enterprise of the National Torch Plan, and a small and medium-sized enterprise in China's Top 100 Innovation Enterprises. The predecessor of Xinyan Co., Ltd. was the Xinjiang Machinery Research Institute established in 1960, which was one of the research units converted from Xinjiang. In 2009, it was restructured as a joint stock limited company. In January 2011, it successfully landed on the Shenzhen Stock Exchange Growth Enterprise Board with a securities code of 300159. It is a listed company in the agricultural and animal husbandry machinery manufacturing industry. After 2009, the company's technological strength and industrialization ability have been rapidly improved, developing from a single scientific research unit to a high-tech enterprise focused on scientific research and production. In 2015, the company purchased all of its equity in Tomorrow Aerospace by issuing non-public RMB ordinary shares to its shareholders and paying cash. As a result, the company's business entered the aerospace and aircraft parts manufacturing industry, achieving a strategic layout of dual main business development of "agricultural machinery+military industry". Xinjiang Xinyan Mushen Technology Co., Ltd. (hereinafter referred to as "Mushen Technology") is a wholly-owned subsidiary of Xinyan Group, which undertakes all the assets, business, and personnel of Xinyan Group's agricultural machinery business. Relying on more than 50 years of innovation, the company has inherited and developed the R&D system and innovation tradition of the original research institute, created a high-level R&D platform and technical team, and established a good management mechanism. We have a large number of highly skilled and high-quality talents, with over 800 employees, including over 150 professional and technical personnel with intermediate and senior professional titles. Among them, 3 are entitled to special allowances from the State Council, 2 are researchers, and 8 are professor level senior engineers. The company focuses on mid to high-end agricultural and animal husbandry machinery products, with high added value, high-tech content, and alternative imported agricultural and animal husbandry machinery products as the main focus. The registered "Mu Shen" brand trademark series products of the company have been rated as Chinese AA products, sold both domestically and internationally, and have established a complete product sales service system in China. The main products include over 60 types of products in six categories, including agricultural and animal husbandry harvesting machinery, farming machinery, tractors, agricultural and sideline product processing machinery, and forestry and fruit machinery. Among them, the self-propelled corn harvester, green (yellow) storage feed harvester, and power rotary rake technology are among the forefront in China. The self-propelled chili harvester is a pioneering product in China, and various products have filled the domestic gap and successfully replaced imports. 90% of the products are sold to provinces and regions such as Northeast and North China, with some products sold to Central Asia and Russia. Since 2014, the company has invested 230 million yuan to acquire and restructure Songyuan Aurui Haishan Machinery Manufacturing Company and Shandong Haishan Machinery Manufacturing Company, achieving a strategic layout of "going global". At present, the company's agricultural machinery sector has formed a layout of one headquarters, one technology center, one marketing company, and three production bases for the agricultural and animal husbandry machinery industry: the headquarters and technology center are located in Xinjiang; The R&D and production bases are located in Xinjiang, Jilin, and Shandong respectively; The overall production capacity is 8000 large and medium-sized harvesting machinery and 5000 high-power tractors per year. As of the end of 2018, Xinjiang Xinyan Mushen Technology Co., Ltd. had a total asset of 1.2 billion yuan and a revenue of nearly 500 million yuan. The company will leverage its advantages in military research and manufacturing, focusing on the main business of agricultural machinery, and vigorously improve the overall performance of "Mu Shen" products to create agricultural machinery products with military quality. In recent years, the company has undertaken and completed more than 50 national and Xinjiang Uygur Autonomous Region scientific research projects, and 29 products have been identified by the technical department to be at the domestic AA level; We have formulated enterprise standards and filed 17 of them, obtaining 69 valid aas, including 11 invention aas and 5 national key new products. The Xinjiang Uygur Autonomous Region has established the "Xinjiang Agriculture and Animal Husbandry Harvesting Machinery Engineering Technology Center" based on Xinyan Co., Ltd., and has approved the establishment of the "Xinjiang Agriculture and Animal Husbandry Machinery Science and Technology Achievement Transformation Base" by the Autonomous Region Science and Technology Department, forming a technical platform for the development, pilot testing, maturation, and batch production of agriculture and animal husbandry machinery. The goal of the company is to build it into a professional, excellent, and competitive large-scale equipment manufacturing enterprise in China. Xinyan people adhere to the core values of "innovation and pragmatism, quality first, sincere cooperation, and pursuit of excellence", drive development through innovation to help the new economy move forward, take responsibility with their own actions, and serve society. |
| Headquarter | Urumqi |
| Establish Date | 5/12/2005 |
| Listed Code | 300159.SZ |
| Listed Date | 1/7/2011 |
| Chairman | Fang Desong. |
| CEO | Fang Desong. |
| Website | www.xjjxy.com.cn |
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