What are the good state-owned enterprises in Luoyang?

1. CITIC Heavy Machinery Co., Ltd.

CITIC Heavy Machinery Co., Ltd., formerly known as Luoyang Mining Machinery Factory, is one of the 156 key projects built during the country's "First Five-Year Plan" period. In 1993, it was merged into China CITIC Group Corporation and renamed CITIC Heavy Machinery Company. In January 2008, CITIC Heavy Machinery Co., Ltd. was restructured and established. In July 2012, the company's A shares were successfully listed and traded on the Shanghai Stock Exchange.

After 60 years of construction and development, CITIC Heavy Industries has become a national innovative enterprise and a high-tech enterprise, the world’s largest mining equipment and cement equipment manufacturer, and one of China’s largest heavy machinery manufacturing enterprises. China's low-speed and heavy-duty gear processing base, China's large-scale casting, forging and heat treatment center. It has four Chinese famous brand products of "Luokuang" brand large ball mill, large reducer, large roller press, and large cement rotary kiln. It can provide global customers with mining, metallurgy, nonferrous metals, building materials, electricity, energy conservation and environmental protection, electrical transmission and automation. Products, projects and services in industries and fields such as , key basic parts and so on. It is known as "the backbone of China's industry and the cradle of major equipment."

2. Luoyang Bank Co., Ltd.

Luoyang Bank, formerly Luoyang Commercial Bank, is a joint-stock commercial bank with independent legal personality established in 1997. In March 2009, with the approval of the China Banking Regulatory Commission, it was renamed Luoyang Bank.

In recent years, Luoyang Bank has successively entered the ranks of the top 100 enterprises in Henan Province and the top 1,000 banks in the world. It has entered the top 500 Chinese service industry enterprises for four consecutive years. Top 100 tax paying enterprises. It has been awarded honorary titles such as "Advanced Unit Serving Local Economy" by Luoyang Municipal Party Committee and Municipal Government for many consecutive years. The regulatory rating has reached Level 2 for 8 consecutive years.

3. China YTO Group Co., Ltd.

China YTO Group Co., Ltd., formerly known as the First Tractor Manufacturing Factory, is one of the 156 key construction projects during the country’s “First Five-Year Plan” period. , construction started in 1955 and was completed and put into production in 1959. The first tractor and the first military off-road truck of New China were born here.

After more than 60 years of development, it has formed a large-scale equipment manufacturing enterprise group with agricultural machinery as its core and operating diversified products such as power machinery and parts. It is a key backbone enterprise in China's agricultural machinery industry. In February 2008, the State-owned Assets Supervision and Administration Commission of the State Council approved the restructuring plan of China National Machinery Industry Corporation and China YTO, and China YTO officially entered the central enterprise sequence. Its affiliated First Tractor Co., Ltd. is listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange. It is the only agricultural machinery company in China with an "A+H" listing platform.

4Luoyang Luanchuan Molybdenum Group Co., Ltd.

Luoyang Luanchuan Molybdenum Group Co., Ltd. (referred to as "Luoyang Molybdenum Group") is engaged in the mining, mineral processing, and processing of molybdenum and tungsten. It is an overseas listed company that focuses on smelting and deep processing and integrates scientific research, production and trade. It is one of the top 100 enterprises in Henan Province and one of the 16 key enterprises in Luoyang City.

It has 4 branches, 5 subsidiaries, 5 holding companies, and two shareholdings