Shenyang Blower (Group) Co
The Shenyang Blower (Group) Co is a strategic leader in China's technical equipment industry that supplies large ethylene and oil refineries and the coal chemical industry, and large electric power, metallurgy and other major national projects for national economic security. Its production value exceeded 11 billion yuan, in 2011. It employs 7,000 people.
The Group has first-class technology and manufacturing skills and can produce 1,000,000 tons of large ethylene units, annually, 10 million tons of oil refining equipment, 600,000 tons of PTA, 1,000,000 tons of methanol, long-distance pipeline compressors, 125-ton high-thrust reciprocating compressors, and one million kW nuclear thermal power pumps, and standby pumps for national defense equipment.
In the petrochemical and nuclear power equipment industry, Shenyang Blower is regarded as globally competitive and has helped break the multinational technological monopoly, gaining a great reputation in the process.
For a long time, Shenyang Blower Group has considered mastering core technology and independent innovation as its core competitive attributes. The company has consistently explored high-quality development models to better meet the needs of the market and its customers.
As a result of this drive and hunger for innovation, the group has had the strength to compete with similar international manufacturers in the high-end equipment market.
In 2019, major projects accounted for 79 percent of the group's total orders. Meanwhile, the group's service-oriented manufacturing business revenue accounted for 27 percent of the total, becoming the primary source of profits.
The same year, the company’s international market orders reached 1 billion yuan, hitting a record high.
Shenyang Blower Group obtained its first overseas order in 2019 for high-speed skid-mounted reciprocating machines and won the first large-megawatt ORC scientific research order in the field of renewable energy power generation.
Regarding financial service transformation, the group's financial leasing subsidiary officially began operations in 2018, effectively ensuring the capital chain stability of the group and its suppliers.
At the beginning of 2019, the group also established Tuobo (Tianjin) Commercial Factoring Co, which helped expand Shenyang Blower Group’s financial service business functions.
The company's remote monitoring and fault diagnosis center has realized unit life cycle service and customer lifetime value management in terms of industrial internet applications.
Shenyang Bower Group has been awarded the title of pilot demonstrator of intelligent manufacturing by the Ministry of Industry and Information Technology. It was selected as one of the 100 industrial internet cases of the National Development and Reform Commission.