en.Wedoany.com Reported - China New Jinn Power Group Co., Ltd. (referred to as "New Jinn Power") held an investor exchange meeting in Shanghai on June 18, 2026, where the company's senior management systematically elaborated on the "compressor-steam turbine-gas turbine" three-machine collaborative development strategy and internationalization promotion path.
Founded in 2005, New Jinn Power is an international heavy-duty technical equipment enterprise. In recent years, leveraging its leading position in the synthetic ammonia, methanol, and urea sub-sectors, the company has continuously consolidated its two traditional turbomachinery products: centrifugal compressors and industrial drive steam turbines. In the gas turbine business, the company plans to adopt a differentiated development path of "MRO first, then complete units."
According to the company's management, this year, New Jinn Power has won a bid for the maintenance service project of eight DG-90L2 gas turbines from Turkmenistan's national gas company, with a bid amount ranging from $15 million to $20 million. The core competitiveness of the company's gas turbine business is mainly reflected in four aspects: first, technological advantages, as gas turbines share the same roots, processes, and capabilities as compressor technology; second, supply chain and delivery advantages, leveraging a mature domestic supply chain system to achieve significant production flexibility and delivery cycle advantages; third, cost and efficiency advantages, with a clear labor cost advantage compared to international peers; fourth, market and customer base advantages, as the company has entered the spare parts supply and overhaul service systems of core customers.
In the international market, the company's overseas revenue reached 170 million yuan in 2025, a year-on-year increase of 72.41%. Since obtaining supplier certification from the Abu Dhabi National Oil Company (ADNOC), the company has established a solid customer base in regions such as the Middle East and Central Asia, transitioning from "product going global" to "brand going global." New Jinn Power is advancing its M&A layout around the core "three-machine collaborative" strategy, prioritizing the acquisition of high-quality targets that master core processes such as high-temperature alloy precision casting and component life extension repair.
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