www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Chinese mining equipment manufacturer learns to innovate

By Zhang Xiaomin (China Daily) Updated: 2016-07-05 09:54

As the international mining industry has hit increasingly hard times, domestic heavy-duty equipment manufacturers have worked harder to explore fresh opportunities in the global market.

Dalian Huarui Heavy Industry Group, a company listed on the Shanghai Stock Exchange, is pushing to win more contracts in international projects with large-sized State-owned enterprises.

It is in talks with 38 SOEs, including China Power International Development Ltd and China Railway Construction Group, said Shao Changnan, vice-president of DHHI, the biggest domestic manufacturer and exporter in the bulk materials handling machinery.

Its close cooperation with China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd has made DHHI the most important supplier of bulk materials handling machinery for NFC. It has also had success with Iran's FST Co, a Teheran-based executor of projects in the mineral materials processing industry.

DHHI said it has exported nine sets of stacker-reclaimers, large machines used in bulk material handling, to Iran in the past three years.

Shao said the current market was much worse than in the 2008-10 downturn, since established customers that are engaged in ports, mining and wharves are under severe pressure.

That has hit DHHI's financial performance. In 2015, the group's operating revenue was 7.15 billion yuan ($1.08 billion), down 13.25 percent year-on-year.

Exports, however, remained strong and contributed almost half of revenues, and its foreign exchange earnings increased 10.4 percent.

The Dalian-based company, which has 10,000 workers, has established offices and operations in Germany, India, Malaysia, Thailand, South Africa, South Korea and Australia.

The company said a contract with Australia's Roy Hill Iron Mine project was the largest one for a stacker-reclaimer in the world, valued at nearly $160 million.

Shao said his group's annual exports are expected to double and reach $1 billion by 2020, taking advantage of the Belt and Road Initiative, a program aimed at improving infrastructure connectivity in Asia, Africa and Europe.

Zhu Yi, Asian metals and mining analyst at Bloomberg Intelligence, said the market environment for steel and iron ore will not change much in the short term.

In order to improve cash flow, some mining groups such as Anglo American Plc and Freeport-McMoRan Inc have been forced to sell assets, said Zhu.

"The heavy-duty equipment sector will certainly be influenced and will take time for it to recover as well," she said.

More Chinese heavy industry enterprises are responding to the challenges by improving their ability to handle global allocation of resources.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 狠狠一区| 黄a免费| 97视频免费观看 | 日韩免费毛片全部不收费 | 国产日韩欧美综合一区二区三区 | 黄色片三级网站 | 日韩www视频 | 泰国情欲片寂寞的寡妇在线观看 | 一级毛片播放 | 日本人成免费大片 | 日本一区三区二区三区四区 | 激情6月丁香婷婷色综合 | 欧美三区在线 | 久草在线中文最新视频 | 综合自拍 | 亚洲欧洲无码一区二区三区 | 87精品福利视频在线观看 | 成人不卡视频 | 颜值超高的女神啪啪 | 国产一区二区三区四区在线 | 亚洲天堂免费看 | 一级片国产 | a级黄色毛片免费播放视频 a级精品九九九大片免费看 | 性xxx69xxx视频在线观看 | 91精品国产美女福到在线不卡 | 国产精品日韩欧美一区二区 | 日韩欧美国产另类 | 深夜福利网站在线观看 | a一级免费 | 18视频免费网址在线观看 | 男吃女下面刺激视频免费 | 久久青草免费免费91线频观看 | 欧美日韩免费一区二区三区 | www.黄色免费| 色综合美国色农夫网 | 欧美一级毛片一级毛片 | 在线观看一二三区 | 亚洲人成网站在线观看播放 | 日本精品视频一区二区三区 | 91精品成人免费国产片 | 亚洲国产精 |