China National Abrasives Industry Corporation (CAEC) established in1981, as a major member of China National Machinery IndustryCorporation (SINOMACH), is the national largest corporation thatdealing with abrasives and abrasive products in China. It is theChairman of China Abrasives Association, the Chairman of ArtificialCorundum Branch and the Chairman of Sic Branch of China Chamber ofCommerce of Metals Minerals & Chemicals Importers &Exporters.Its group company SINOMACH is a key state-owned enterprise rundirectly by the central government and is among the top 500enterprises in the world. SINOMACH centers on the equipment manufacturing industry and modernmanufacturing service industry and specializes in three domains:machinery R&D and manufacturing, project contracting, and trade& service, covering the industry, agriculture, transportation,energy, construction, light industry, vehicle, marine, mining,metallurgical, aerospace, and other fields important for nationaleconomic development. It provides professional services for over170 countries and regions throughout the world.