yet2Ventures

What yet2Ventures does

China Academy of Machinery Science and Technology Group Co., Ltd. (中国机械科学研究总院集团有限公司 / 中国机械总院集团, CAM) is a central state-owned enterprise supervised by SASAC, headquartered in Beijing and tracing its origins to 1956. The group operates three core business lines: Advanced Manufacturing (green casting, precision plastic forming, high-quality welding, clean heat treatment, surface engineering), Intelligent Manufacturing (smart equipment, smart production lines, smart logistics, digital workshops, smart factories, industrial internet), and Technical Services (strategic consulting, planning, standards, testing, certification, training). It serves a predominantly Chinese state-owned and large-enterprise customer base spanning aerospace, shipbuilding, rail transit, automotive, energy, chemicals, and defense, delivering both customized manufacturing equipment and ongoing technical services.

The group is anchored by an unusually broad R&D infrastructure for a manufacturing entity: 6,700+ employees with more than 70% R&D personnel, 4 national key laboratories, 4 national engineering research centers, 30 national R&D bases, and 7,000+ accumulated research achievements. It operates 18 wholly-owned or controlled subsidiaries distributed across Beijing, Harbin, Shenyang, Zhengzhou, Wuhan, Ningbo, Qingdao, Kunming, Shanxi, Jiangsu, and Fujian, forming a national technology services network. Notable technical assets include high-speed gear design software (WinGear), digital non-mold casting precision forming machines, eight-station intelligent centrifugal casting systems, intelligent oil/gas pipeline inspection (168–1,219mm), high-power laser-arc composite welding, and an Equipment Manufacturing Cloud Service Innovation Platform (cammm.com.cn).

Revenue mechanics are diversified across professional services (consulting, standards drafting, testing, certification, training), advanced manufacturing hardware (welding, casting, heat treatment, forging, environmental protection equipment), components and engineering materials, and licensing/certification income (CCC, ISO management systems, CCAP). Pricing is not publicly disclosed; commercial terms are set via project contracts and strategic cooperation agreements with state-owned enterprise clients. The group has restructured from a public institution to a company in 2017 and expanded its geographic footprint through regional government partnerships (Yunnan, Neijiang, Sanming, Changzhou) and the 2019 acquisition of Yunnan Mechanical Research and Design Institute. Note: the firmographic header tags the entity as "yet2Ventures" (a small US secondary investor), but the substantive data describes the Chinese SOE; this analysis reflects the substantive dataset.

Name

yet2Ventures

Legal name

中国机械科学研究总院集团有限公司

Website

https://yet2ventures.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

11–50 employees

Short description

China Academy of Machinery Science and Technology Group (中国机械总院集团) is a SASAC-supervised central state-owned enterprise providing advanced manufacturing equipment, intelligent manufacturing systems, and technical services (standards, testing, certification, consulting) to China's state-owned manufacturers across aerospace, rail, automotive, energy, and defense.

Ownership category

akta.pro rank

Product category

Industrial Research and Manufacturing Services

NAICS

Industrial Machinery Manufacturing (3332)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Industrial Machinery & Heavy Equipment (Production AM Parts) (IMAAAEAC)

Keywords

• Advanced manufacturing
• Intelligent manufacturing
• Industrial equipment
• Technical services
• Smart factory solutions

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 技术服务收入: 提供战略咨询、规划设计、标准、检测、认证、培训教育等专业服务
2. 先进制造产品: 关键材料、零部件和装备等高技术、高附加值产品
3. 认证服务: 质量管理体系认证、环境管理体系认证、强制性产品认证（CCC）等
4. 检测服务: 叉车与工业车辆检验、土方与路面机械检验、机动车零部件检测等
5. 标准化服务: 承担国际标准、国家标准和行业标准的制修订工作

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

yet2Ventures is identified in its firmographic record as a secondary direct investor that also conducts a limited number of primary investments each year. The aggregated scraped material from yet2ventures.com describes an associated industrial group's offerings across advanced manufacturing (engineering materials, components, and process equipment for welding, casting, heat treatment, forging, testing, and environmental protection), intelligent manufacturing (smart equipment, production lines, logistics, digital workshops, smart factories, and an industrial internet cloud platform), and technical services (strategic consulting, planning, standards, testing, certification, and training) for manufacturing enterprises and government agencies.

Product overview

China Academy of Machinery Science and Technology Group (CAM) is a state-owned research enterprise specializing in advanced manufacturing, intelligent manufacturing, and technical services. The company operates three core business areas: Advanced Manufacturing (covering engineering materials, components, and process equipment for welding, casting, heat treatment, forging, testing, and environmental protection), Intelligent Manufacturing (providing integrated solutions for smart equipment, production lines, logistics, factories, and industrial internet), and Technical Services (offering strategic consulting, planning, standards, testing, certification, and training). The product portfolio includes specialized manufacturing equipment like AGV systems, intelligent welding systems, robotic equipment, automated production lines, smart logistics, and industrial cloud services platforms. The intelligent manufacturing ecosystem integrates equipment, production, logistics, digital workshops, smart factories, and industrial internet applications.

Differentiator

Problem solved

Functional benefit

Brands

• 星空体育全站_星空(中国): A subsidiary specializing in R&D, manufacturing and technology services in advanced manufacturing and modern manufacturing services.
• 哈焊所
• 郑机所
• 沈铸所
• 北自所
• 机电所
• 中机认检
• 机科股份
• 轻量化院

Products and services

• Welding Equipment
• Casting Equipment
• Heat Treatment Equipment
• Forging Equipment
• Testing & Measurement Equipment
• Environmental Protection Equipment
• Fine Blanking Equipment
• Intelligent AGV System
• Automatic Detection & Sorting Equipment
• Intelligent Oil & Gas Pipeline Inspection System
• High-power Laser-Arc Composite Intelligent Welding Equipment
• New Energy Vehicle Power Battery Intelligent Assembly Line
• Automotive Engine & Transmission Intelligent Assembly System
• Intelligent Welding Robot Workstations & Production Lines
• Single/Double-Axis Stretch Film Intelligent Production Line
• Bobbin Yarn Digital Automatic Dyeing Complete Equipment
• Equipment Manufacturing Cloud Service Innovation Platform
• GS Series High-speed Gearboxes
• Intelligent System Integration Application Experience & Verification Center
• Strategic Consulting
• Planning & Design
• Standards Development
• Testing Services
• Certification Services
• Training & Education

Quantifiable outcome

• 累计取得科研成果7000余项
• +3 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and regional.

• 云南省人民政府coreStrategic or Co-development Partner · 18 September 2021围绕云南发展定位，导入人才、智力、技术及成果资源，建设面向西南、辐射南亚东南亚的装备制造业国家科研机构，开启科技入滇强省新模式。
• 中国船舶工业集团有限公司coreStrategic or Co-development Partner · 14 May 2019双方签订战略合作框架协议，将在先进制造技术、智能制造、关键材料及部件、相关多元产业等领域开展务实合作，共同服务国家战略，助力建设制造强国和海洋强国。
• 内江市人民政府regionalStrategic or Co-development Partner · 1 October 2018签订战略合作协议，将在成渝地区建设西南分院，把内江打造成集团承担国家战略任务的西部地区试验田。
• 三明市人民政府regionalStrategic or Co-development Partner央企对接共建机械科学研究总院海西（福建）分院，推动三明地区装备制造业高速发展。
• 常州市人民政府regionalStrategic or Co-development Partner落实战略合作协议，共同支持在常企业发展，推动科技创新与产业创新深度融合，支持龙城实验室建设。
• 象山县人民政府regionalStrategic or Co-development Partner高站位、谋发展、强协同，依托一期共建基础，长远谋划二期共建路径，支持宁波机床院发展。
• 福建省工业和信息化厅regionalStrategic or Co-development Partner海西分院自主研发产品入选国内首台（套）重大技术装备，获得政府认可和支持。

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Fraunhofer Society: Fraunhofer is Germany's applied-research conglomerate with dozens of specialized institutes covering materials, manufacturing, production technology and certification — closely mirroring CAM's model of running many domain-specific R&D institutes under one national umbrella. Both organizations pair contract R&D with standards/certification services for industrial customers.
• China Academy of Sciences (CAS): CAS is China's flagship national research institution with multiple institutes in materials, automation, and manufacturing sciences. Both CAS and CAM are SOE/supervised national platforms offering advanced R&D, talent pipelines, and standards participation across industrial sectors, though CAS is broader and more academic.
• Siemens AG: Siemens' Digital Industries and Smart Infrastructure divisions sell industrial automation, digital factory solutions, standards-based certification and industrial services to global manufacturers. CAM's intelligent-manufacturing stack (smart equipment, production lines, logistics, factories, industrial internet) competes against and overlaps with Siemens' offerings in the China market.
• ABB Ltd: ABB is a major supplier of industrial robotics, drives, and smart-manufacturing systems that target many of the same automotive, machinery, and process-industry customers as CAM. ABB's installed base and industry solutions directly overlap with CAM's AGV, robotics, and welding-automation product lines.
• Mitsubishi Heavy Industries: Mitsubishi Heavy is a Japanese diversified industrial conglomerate covering power, aerospace, shipbuilding, and industrial machinery — closely parallel to CAM's broad coverage of welding, forging, casting, and equipment for aerospace, marine, and energy customers. Both pair equipment manufacturing with deep engineering R&D heritage.

Direct peers

• TNO (Netherlands Organisation for Applied Scientific Research): TNO is a Dutch applied-research organization running multiple specialized institutes that deliver contract R&D, testing, and standards services to industry — very similar in governance and business model to CAM. Both monetize national-level R&D talent and infrastructure with industrial customers.
• CRRC Corporation: CRRC is a Chinese central SOE in rolling stock and advanced equipment manufacturing — a customer of CAM (CRRC Zhuzhou locomotive转向架 smart-manufacturing workshop is one of CAM's named projects) and a comparable SOE in scale, supervision, and diversified industrial operations.
• China Shipbuilding (CSSC) Group: CSSC is a Chinese central SOE and a strategic partner of CAM (2019 framework agreement for advanced manufacturing). Both are massive central-SOE industrial conglomerates with multi-regional subsidiary structures and significant R&D infrastructure serving shared heavy-industrial customers.
• AVIC (Aviation Industry Corporation of China): AVIC is a central SOE overseeing a network of aviation and advanced-manufacturing subsidiaries with deep R&D capacity and national key laboratory assets — directly parallel to CAM's structure as a SASAC-supervised central R&D conglomerate with multiple institutes, key laboratories, and engineering centers.

Others

• National Institute of Standards and Technology (NIST): NIST runs national measurement standards, reference data, and conformity-assessment services that overlap with CAM's standards and certification business (3 ISO secretariats, 16 national committees, CCC/CNCA designation). Comparable in role as a state-backed anchor of industrial standards, though CAM's commercial scope is broader.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/yet2ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about yet2Ventures