Company:Norinco
Norinco Group Headquarters in 2020 | |
Norinco Group | |
Native name | 中国兵器工业集团有限公司 |
Type | State-owned enterprise |
Industry | Defense industry Aerospace industry |
Headquarters | Xicheng District, Beijing , China |
Area served | Worldwide |
Key people | Jiao Kaihe (Chairman) Liu Dashan (President)[1] |
Products | Munitions tank and artillery shells, firearms, grenade launchers, artillery, mortars, autocannons, rotary cannons, turrets, remote controlled weapon stations, CIWS, anti-aircraft cannons, Explosives combat vehicles, aircraft, unmanned aerial vehicles Radars Electro-optical devices missiles, cruise missiles, MLRSs, rockets[citation needed] |
Revenue | US$82.6 billion[2] (2023) |
US$ 1.7 billion[2] (2023) | |
Number of employees | 216,339 (2023) |
Website | {{{1}}} |
China North Industries Group Corporation Limited |
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China North Industries Group Corporation Limited,[3] doing business internationally as Norinco Group (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[ambiguous] international customers include Pakistan , Zimbabwe, Canada ,[11] and the Democratic Republic of the Congo, where it negotiated arms-for-minerals deals, as well as Venezuela.[12][13]
History
Established in 1980 with the approval of the State Council of China, Norinco is an enterprise group engaged in both products and capital operation, integrated with research and development, manufacturing, marketing and services. Norinco mainly deals with defense products, petroleum & mineral resources development, international engineering contracting, optronic products, civilian explosives and chemical products, sporting arms and 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.[citation needed]
U.S. sanctions
In 1993, the import of most Norinco[ambiguous] 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 operation named Operation Dragon Fire against Atlanta-based importers of Norinco[ambiguous] firearms as well as Poly Technologies. Seven officials were arrested after agreeing to smuggle 2,000 fully automatic Chinese-made variants of AK-47s to undercover agents the officials believed may have been connected to the mafia. At least one official, Hammond Ku, attempted to sell Chinese-produced tanks and rocket launchers to the undercover agents.[14][15]
In August 2003, the Bush administration imposed sanctions on Norinco[ambiguous] for allegedly selling missile-related goods to Iran.[16] 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.[17]
In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included Norinco Group.[18][19][20] In June 2021, President Joe Biden issued Executive Order 14032 expanding the scope of the national emergency declared in order 13959.[21]
Russian invasion of Ukraine
In March 2023, Politico reported that Norinco[ambiguous] shipped assault rifles, drone parts, and body armor to Russia between June and December 2022.[22]
See also
- List of modern armament manufacturers
- China South Industries Group
References
- ↑ Norinco Group. "Leadership - Norinco Group". http://en.norincogroup.com.cn/col/col434/index.html.
- ↑ 2.0 2.1 "China North Industries Group | 2022 Global 500". https://fortune.com/company/china-north-industries-group/global500/.
- ↑ "Home-NORINCO GROUP Brief of NORINCO GROUP". http://en.norincogroup.com.cn/col/col432/index.html.
- ↑ "中国兵器工业集团有限公司 集团简介". http://www.norincogroup.com.cn/col/col12/index.html.
- ↑ "China's NORINCO, AVIC Among Top 10 Defense Companies Worldwide; SIPRI". www.defenseworld.net. http://www.defenseworld.net/news/14870/China___s_NORINCO__AVIC_Among_Top_10_Defense_Companies_Worldwide__SIPRI#.Wg1lgUqWaUk.
- ↑ "CHINA NORTH INDUSTRIES CORPORATION (NORINCO) - Italian Aerospace Network". http://www.itaerospacenetwork.it/portfolio_page/china-north-industries-corporation-norinco/.
- ↑ "中国北方工业有限公司 公司简介". http://www.norinco.com/col/col5268/index.html.
- ↑ "NORINCO About NORINCO". http://en.norinco.cn/col/col6486/index.html.
- ↑ "DEFENSE PRODUCTS--北方工业". http://www.norinco.com/GB/61/76/index.html.
- ↑ "NORINCO (Company) Aircraft List". https://www.militaryfactory.com/aircraft/contractor.asp?thisCompany=NORINCO.
- ↑ Young, Isaiah. "Trust me guys". Me. https://marstar.ca/product-category/firearms/pistols/norinco/.
- ↑ The New York Times (December 23, 2017). "The Anti-Protest Gear Used in Venezuela". YouTube. https://www.youtube.com/watch?v=350q14b_9lA.
- ↑ Chinea, Eyanir; Gupta, Girish (June 11, 2017). "Venezuela Maduro says children used in protest violence, will write to pope". Reuters. https://www.reuters.com/article/us-venezuela-politics-idUSKBN19304Y. "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."
- ↑ Serrill, Michael (24 June 2001). "Anatomy of a Sting". Time (Time Magazine). http://content.time.com/time/magazine/article/0,9171,135999,00.html.
- ↑ Ostrow, Ronald (24 May 1996). "U.S. Agents Say Chinese Tanks, Rockets Offered". LA Times. https://www.latimes.com/archives/la-xpm-1996-05-24-mn-7854-story.html.
- ↑ "BBC NEWS - Business - US punishes firms in Iran and China". 2003-05-23. http://news.bbc.co.uk/1/hi/business/2931154.stm.
- ↑ "China". https://2009-2017.state.gov/r/pa/ei/bgn/18902.htm.
- ↑ Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. https://www.axios.com/china-military-trump-investments-ban-a0458e29-2245-4bde-920b-d1c6bc698370.html.
- ↑ Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (2020-11-12). "Trump bans U.S. investments in firms linked to Chinese military" (in en). Reuters. https://www.reuters.com/article/us-usa-china-securities-exclusive-idUSKBN27S2X3.
- ↑ Swanson, Ana (2020-11-12). "Trump Bars Investment in Chinese Firms With Military Ties" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2020/11/12/business/economy/trump-china-investment-ban.html.
- ↑ "Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China" (in en-US). 2021-06-03. https://www.whitehouse.gov/briefing-room/presidential-actions/2021/06/03/executive-order-on-addressing-the-threat-from-securities-investments-that-finance-certain-companies-of-the-peoples-republic-of-china/.
- ↑ Banco, Eric; Aarup, Sarah Anne (16 March 2023). "'Hunting rifles' — really? China ships assault weapons and body armor to Russia" (in en). https://www.politico.com/news/2023/03/16/chinese-rifles-body-armor-russia-ukraine-00087398.
External links
Original source: https://en.wikipedia.org/wiki/Norinco.
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