About Us

NEW JCM Group Co., Ltd. (hereinafter referred to as “NEW JCM Group”, “the Company”, “the Group”), is a high-tech, collectivized, and international A-share listed company (stock code 300157) with assets of 1.934 billion yuan. The Company operates across two business segments: high-end equipment manufacturing, and the Oil & Gas assets and services.

The high-end equipment manufacturing segment is mainly dominated by Jinzhou NEW JCM Machinery Manufacture Co., Ltd (hereinafter referred to as NEW JCM Machinery), which specializes in manufacturing centrifugal compressors, industrial steam turbines and complete sets thereof, taking on a key role in such homemade effort in petroleum, natural gas, coal, chemical industry, air separation, green energy, and other fields. Its centrifugal compressors have the leading position in fields as wide-ranging as synthetic ammonia, urea, methanol, long-distance pipelines transporting natural gas, booster stations, gas storage, petroleum refining, ethylene, salt chemical industry and other fields.

Meanwhile, as the only Chinese manufacturer of compressors and steam turbines on the same line, NEW JCM Machinery has rich experience and solid performance in the field of industrial steam turbines and power generation within 75 MW. It has successfully entered the field of ethylene equipment localization in China and manufactured China’s first set of supercritical carbon dioxide cycle power generation test units. Its successful operation has helped China to achieve breakthrough in the world’s thermal power generation technology. Nowadays, NEW JCM Machinery has expanded its business in the core high-end equipment fields of green hydrogen, green ammonia, green alcohol integration, compressed carbon dioxide energy storage, hydrogen energy storage transportation.

Engaged in the independent R&D, design, and manufacturing of logging trucks, the products of SINCEP Special Equipment Co., Ltd. (owned by the NEW JCM Group, hereinafter SINCEP) could be used in various operating environments such as land, ocean, desert, etc., and its transmission methods have been continuously upgraded from mechanical, hydraulic&mechanical, full hydraulic to electric digitalization. At present, SINCEP has become the largest professional well-logging and testing truck & equipment assembly base in China. Meanwhile, SINCEP has Level-II military industry confidentiality and weapons manufacturing qualifications. In the future, it will make full use of its strengths to enhance its military equipment manufacturing capabilities. Chengdu Jinling Energy Equipment Co., Ltd is the Group’s R&D and manufacturing base for automation equipment, including valves and skids. Its valve-type orifice throttling device has a high market share in China. Combining the advantages of regional industrial clusters, Jinling will actively expand into the field of intelligent industrial robot manufacturing in the future.

For the Oil&Gas services and assets, the Group owns three oil and gas fields covering an area of 17,300 acres in Trinidad and Tobago with recoverable oil field reserves of approximately 16 million barrels and proven recoverable gas field reserves of approximately 30 billion cubic meters. As the competitive products in the market, the seismic physical data exploration&processing software and services have always been in the leading position among private enterprises in China. Keeping ahead in the world, the EPoffice software, independently created by Beijing PST Service Corp., has been providing integrated technical solutions for oil and gas exploration and development. Furthermore, Sichuan Chuanyou Engineering Surver and Design Co., Ltd. has Class-A qualifications for gas engineering and long-distance pipelines. As an EPC contractor, it could provide a full range of technical services from design to construction and engineering operations.

NEW JCM Group, is a key high-tech enterprise in the National Torch Program and one of the residents of the Zhongguancun National Innovation Demonstration Zone, most its subsidiaries are also high-tech enterprise. The company owns academician expert workstations, postdoctoral workstations, and engineering laboratories in Beijing. Besides, the key technicians have won the State Scientific and Technological Progress Award issued by the State Council of the People’s Republic of China and enjoy subsidies and allowances of State Council. The company has rich independent intellectual properties, including 260 patents (53 invention patents, 196 utility models, 11 design patents) and 337 software copyrights with hundreds of papers published at international academic conferences. In addition to focusing on R&D and technological innovation, the Company also attaches importance to development of its brand with a total of 19 registered trademarks. The company's technological advancement, product reliability, brand reputation and continuous R&D investment can ensure that related products and services are in the leading position in the industry for a long time. In the future, on the basis of consolidation and development the strengths that exist, the Company will promote the optimization of the business structure by creating an innovative management model “one headquarters, multiple bases” and continue to deepen its competitiveness in the fields of energy services and high-end energy equipment.

Based on domestic and international vision, guided by market demand, NEW JCM Group carries out independent innovation and the introduction of new technologies simultaneously, constantly improves the management level and core competitiveness of the Company, and provides high-quality products and services for global customers. In the future, the Company will continue to adhere to innovation and development, promote the high-end, intelligent and green equipment manufacturing, take the deep cultivation of domestic market as cornerstone and the expansion of overseas market as direction, adhere to the equal emphasis on domestic and foreign markets, let the Brand of Intelligent Manufacturing of China go abroad, deeply participate in the reconstruction of the global value chain, and contribute to the social progress of all mankind!