ZMJ moves to high-end production

Group has made acquisitions that catapulted it into auto parts sector

Zhengzhou Coal Mining Machinery Group Co Ltd, the China-based company mainly engaged in the manufacture and distribution of coal mining integrated equipment, said it would continue its move into high-end and intelligent manufacturing, amid China's efforts to implement the Made in China 2025 plan.

The company, also known as ZMJ, said it had decided to expand into automobile parts, with lofty ambitions to be a major player in the sector.