Norinco Group | |
Native name | 中国兵器工业集团有限公司 |
Company type | State-owned enterprise |
SZSE: 000065 (A ordinary) | |
Industry | |
Founded | 1980 |
Headquarters | Xicheng District, Beijing , China |
Area served | Worldwide |
Key people |
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Products |
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Revenue | US$82.6 billion[2] (2023) |
US$ 1.7 billion[2] (2023) | |
Number of employees | 216,339 (2023) |
Website | en |
China North Industries Group Corporation Limited | |||||||
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Simplified Chinese | 中国北方工业集团有限公司 | ||||||
Traditional Chinese | 中國北方工業集團有限公司 | ||||||
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China Ordnance Industries Group Corporation Limited | |||||||
Simplified Chinese | 中国兵器工业集团有限公司 | ||||||
Traditional Chinese | 中國兵器工業集團有限公司 | ||||||
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Norinco | |||||||
Simplified Chinese | 北方工业 | ||||||
Traditional Chinese | 北方工業 | ||||||
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China North Industries Group Corporation Limited,[3] doing business internationally as Norinco Group (an abbreviation of "North Industries Corporation"), and known within China as China Ordnance Industries Group Corporation Limited (Chinese: 中国兵器工业集团有限公司[4]), is a Chinese state-owned defense corporation that manufactures commercial and military products. Norinco Group is one of the world's largest defense contractors.[5][6]
The company's subsidiary, China North Industries Corporation (Chinese: 中国北方工业有限公司[7]), or simply Norinco,[8] markets Norinco Group's products internationally, and is also involved in domestic civil construction and military defense projects.[9][10]
Some of Norinco's international customers include Pakistan, Zimbabwe, and the Democratic Republic of the Congo, where it negotiated arms-for-minerals deals, as well as Venezuela.[11][12]
Another opposition leader, Henrique Capriles, said recently that 150 armored vehicles bought from Chinese defense conglomerate China North Industries Group Corp, or Norinco, had arrived at Venezuela's Puerto Cabello and were expected to be quickly transported to Caracas for what he called 'repression'. A document seen by Reuters on Sunday showed that Norinco recently shipped 165 vehicles to Venezuela.