Native name
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Chinese: 中国兵器工业集团公司 |
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State owned company | |
Industry | Defence |
Founded | 1980 |
Headquarters | Xicheng District, Beijing, China |
Area served
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worldwide |
Key people
|
Yin Jiaxu (Chairman) Wen Gang (President) |
Products |
Munitions Firearms, Artillery Explosive Combat vehicle Radar Electro-optical devices |
CN¥ 403.8 billion (2016) | |
CN¥ 13.5 billion (2016) | |
Owner | SASAC |
Number of employees
|
276,600 (2015) |
Website | www.norincogroup.com.cn |
China North Industries Corporation | |||||||
Simplified Chinese | 中国北方工业公司 | ||||||
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Traditional Chinese | 中國北方工業公司 | ||||||
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Alternative Chinese name | |||||||
Simplified Chinese | 中国兵器工业集团公司 | ||||||
Traditional Chinese | 中國兵器工業集團公司 | ||||||
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Transcriptions | |
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Standard Mandarin | |
Hanyu Pinyin | Zhōngguó Běifāng Gōngyè Gōngsī |
Transcriptions | |
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Standard Mandarin | |
Hanyu Pinyin | Zhōngguó Bīngqì Gōngyè Jítuán Gōngsī |
The China North Industries Corporation, officially abbreviated as Norinco, is a Chinese company that manufactures vehicles (trucks, cars and motorcycles), machinery, optical-electronic products, oil field equipment, chemicals, light industrial products, explosives and blast materials, civil and military firearms and ammunition. Norinco is also involved in domestic civil construction projects.
Norinco is also known outside of China for its high-tech defense products. Norinco produces precision strike systems, amphibious assault weapons and equipment, long-range suppression weapon systems, anti-aircraft & anti-missile systems, information & night vision products, high-effect destruction systems, fuel air bombs, anti-riot equipment and small arms.
Established in 1980 with the approval of the State Council of China, China North Industries Corporation (NORINCO) is an enterprise group engaged in both products and capital operation, integrated with R&D, manufacturing, marketing, and services. NORINCO mainly deals with defense products, petroleum & mineral resources development, international engineering contracting, optronic products, civilian explosives & chemical products, sports arms & equipment, vehicles and logistics operation, etc. NORINCO has been ranked among the forefront of China’s 500 largest state-owned enterprises in terms of total assets and revenue.
In 1993, the import of most Norinco firearms and ammunition into the United States was blocked under new trade rules when China's permanent normal trade relations status was renewed. The prohibition did not apply to sporting shotguns or shotgun ammunition however. In 1994, U.S. Customs agents conducted a sting against Atlanta based importers of Norinco firearms.
In August 2003, the Bush Administration imposed sanctions on Norinco for allegedly selling missile-related goods to Iran. These sanctions led to a prohibition on imports into the US of the remaining types of firearms and ammunition not covered by the 1993 ban.