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China National Machinery Industry Corporation

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2015

    Central Inspection Flags Power Rent-Seeking in Overseas Projects; Several Subsidiary Heads Including CHTC Investigated

    In 2015, the Central Inspection Team feedback said Sinomach lacked oversight of overseas engineering projects, procurement and subcontracting were nonstandard, and power rent-seeking was prominent in project licensing and financing; the group's rectification imposed Party discipline on 9 people and administrative discipline on 12 people. In 2019, inspection rectification again focused on illegal financing trade, illegal bidding and illegal guarantees. In 2023, Sun Xiaodong, former general manager of subsidiary CHTC Assets, and several other heads of subordinate companies were placed under review and investigation. The item involved Party and administrative discipline and inspection rectification.

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