The company was founded in 1953 and is a pioneer in China's petrochemical equipment manufacturing industry. The predecessor was one of the country's 156 key construction projects during the “First Five-Year Plan” period, and is known as the “cradle and backbone of Sinopec Machinery.” Listed on the Shanghai Stock Exchange on October 9, 2014. The company's business covers R&D, design, manufacturing, inspection, inspection and maintenance services and general engineering contracting of traditional energy equipment (petroleum refining and chemicals, coal chemicals, new chemical materials, etc.), new energy equipment (nuclear energy, hydrogen energy, photovoltaics, photovoltaics and energy storage fields), industrial intelligent equipment (rapid forging hydraulic units, etc.), and energy saving and environmental protection equipment; R&D, production and sales of high temperature alloys, corrosion-resistant alloys, titanium alloys, precision alloys, special stainless steels and special structural steel materials. The company's business covers R&D, design, manufacturing, inspection and maintenance services of traditional energy and chemical equipment (refining and chemical industry, coal chemicals, new chemical materials, etc.), new energy equipment (nuclear energy, hydrogen energy, photovoltaic photothermal energy and energy storage fields), industrial intelligent equipment (rapid forging hydraulic units, radial forging machines, etc.), energy saving and environmental protection equipment, and general EPC engineering contracting; R&D, manufacturing, testing and sales of new metal materials (high temperature alloys, corrosion-resistant alloys, titanium alloys, precision alloys, special stainless steels and special structural steel materials). The company's main products and business include traditional energy and chemical equipment, new energy equipment, hydrogen energy equipment, photovoltaic photothermal equipment, new metal materials, industrial intelligent equipment, energy saving and environmental protection equipment, technical services, EPC engineering general contracting, etc. Company honors: “State-owned Enterprise Corporate Governance Demonstration Enterprise”, won the “Provincial Governor's Finance Award”, won the “Lanzhou New Area's 10th Anniversary Advanced Collective”, a national high-tech enterprise, a specialized new enterprise above the provincial level, a “little giant” enterprise, the first prize for scientific and technological progress in Gansu Province, the third prize for outstanding new industrial products in Gansu Province, China Iron and Steel Association, China Metals Society, etc.