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Sinochem International Tendering Co., Ltd. (abbreviated as “Tender Company”) is a whole-funded subsidiary of Sinochem, which specializes in tender bidding. The Tender Company has qualifications like “A-grade Certificate of International Bidding Institutions”, “A-grade Certificate of Project Bidding Agency”, and qualification of yen loan undertaking institution, among many others.
The businesses mainly fall into two categories: bidding and trade.
Bidding is undertaken by the Department of Industrial Engineering, the Department of Shipping, and the Department of Energy and Transport. In recent years, the company has succeeded in tender bidding for programs of corporate technological introduction and innovation and infrastructure from different sources, like national bonds, private corporate funds, governmental procurement funds, overseas preferential loan and other government budget capital, involving fields of shipping, aeroplane, railway, energy, chemical engineering and environmental protection; the tender amount stood at RMB 7.8 billion in 2005.
While offering tender services for domestic customers, the Tender Company also provides extended services, like project management consultation and engineering cost consultation (overall solution included).
Trade is made up of the department of Trade Development and Services and the Department of Trade; it specializes in electrical machinery. With its primary attention focused on IT, electrical instruments and meters, medical equipment and other products, the company is able to provide the domestic and overseas manufacturers, the large number of domestic agents, dealer, and the terminal users with comprehensive export & import channel operation and logistic supply chain services and marketing solutions, covering main areas of China.
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