China North Industries Group Corporation Limited (Norinco Group)

Overview

Norinco Group is the foundation of national security and the cornerstone of the PLA’s equipment development. It is the main source of equipment development and production in the army, and the backbone of its strike ability and informatization development as far as equipment is concerned. It provides support for China’s implementation of the “Going global” and Belt and Road Initiative strategies, and is the main force for China to promote the deep development of civil-military integration.

Norinco Group has always considered national interest as its highest priority. It has always adhered to the spirit of the people’s ordnance industry, and insisted on the mission of “serving the national defense and national economic development”.

The group has more than 50 subgroups and units under its direct management that are distributed in 20 provinces, municipalities, and autonomous regions across the country. With the goals of building a technically advanced, independent and controllable, civil-military integrated, economical and efficient, and vital ordnance industry system with Chinese characteristics, as well as achieving quality, profitable, and sustainable development, Norinco Group carries out comprehensive and in-depth implementation of a full value chain systematic and lean management strategy to achieve coordinated and rapid growth of its four main business segments, namely, military products, industrial products for civil applications, strategic resources, and financial circulation. Norinco Group has continuously improved in terms of development quality and profitability, and has made important contributions to the modernization of national defense and the development of the national economy.

Honors:

2017

135th in the Fortune Global 500 in 2017

32nd in the 2017 China Top 500 Enterprises

8th in the Chinese Manufacturing 500 Strong in 2017

First prize of National Science and Technology Progress Award

Second prize of National Award for Technological Inventions

First prize of National Defense Science and Technology Progress Award