China SINOMACH Heavy Industry (Luoyang) Co., Ltd (SINOMACH-HI (Luoyang) CO., Ltd) was established in November 2011 on the basis of the production company of "YTO (Luoyang) Construction Machinery CO., Ltd", is a subsidiary and part of the "China SINOMACH Heavy Industry Corporation" (SINOMACH Heavy Industry) which is the absolute property and a subsidiary of "China National Machinery Industry Corporation" (SINOMACH Group) which is included in the list of 500 largest companies in the world.