May 2, 2012, China National Machinery Industry Corporation (SINOMACH) issued enterprise bond of CNY 1.1 billion.

SINOMACH is a large state-owned enterprise approved by the State Council and administered by the State-owned Assets Supervision and Administration Commission.  It is a Global 500 enterprise and primarily engaged in R&D and manufacturing of machinery, 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.