Good news came from Guangxi Yuchai Group (abbreviated as Yuchai). The group formally took over the Zhejiang Haihong Group Corporation and successfully completed the registration of the equity change business. Chen Chunqiang, chairman of Haihong Group appointed by Yuchai, has already fulfilled his duties.
Yu Ping, chairman of the Yuchai Group Board of Directors, said that Yuchai’s choice to enter the hydraulics industry at such an opportunity is a requirement for its own development and is also a firm confidence in China’s future economic development. "We must use strategic business vision to deal with the winter, but we must also consider the future of the company ahead of time." Fuping said.
In recent years, China's construction machinery has been booming. In a short span of 10 years, the production and sales volume of excavators has increased by 19 times, of which the development momentum of small excavators is even more rapid, but the hydraulic components of construction machinery rely on import restrictions. The further development of the industry. Yuchai Group's engineering machinery segment is the largest production and export base for small construction machinery in the country, and it is also subject to the restriction of imported hydraulic components.
Haihong Group has a leading position in the hydraulics industry. It is a high-tech enterprise in Zhejiang Province and an outstanding enterprise in technological advancement in the province. It is widely recognized by the industry for its strong ability to digest technology and reinvention ability. Haihong Group's hydraulic products of forklift and loader series have a strong advantage and a large share in the domestic market, among which the forklift valve hydraulic series products have a market share of 70% in the domestic market, and the loader valve hydraulic series products. The domestic market share has reached 50%, and the comprehensive economic indicators of enterprises have been at the forefront of the domestic hydraulic industry for 10 consecutive years.
In the Yuchai Group's six major industrial sectors, the size of the construction machinery segment is second only to the core business, the engine segment. This sector is becoming stronger and bigger, which is of great significance to the development of the Yuchai Group. Holding the hydraulic parts enterprises, on the one hand, can solve the bottleneck problem of hydraulic parts, on the other hand, the localization of small digging accessories will help reduce procurement costs, improve product competitiveness, and make the Yuchai Engineering Machinery Industrial Cluster stronger and stronger. The foundation for the development goals of the construction machinery sector.
Holding Haihong Group is another successful example of the operation of the Yuchai Group as an investment and financing management company in recent years. In 2006, Yuchai Group successfully operated the cooperation between H&Q Asia Pacific and Engineering Corporation. In 2007, Yuchai Group and the China Development Bank signed a 4 billion yuan strategic cooperation agreement, and has secured a credit line of 1.7 billion yuan for project loans. . Under the influence of the global financial turmoil and the weakening of the domestic economic situation, Yuchai Group soberly realized that as the core business of the Group’s engine industry and construction machinery industry are becoming more and more fierce, the industry is based on “building a world-renowned brand,†Achieving the vision of a large multinational corporation group, focusing on the development strategy of “developing the industrial chain with its main business, and focusing on the development of related industrial products such as engines, construction machinery, special vehicles, auto parts, automotive chemicals and logisticsâ€, the Group adopted “strategic management and control + The "combined financial management and control" combined management model will manage all subsidiaries, concentrate on strengthening and expanding the main industry clusters, and control and control fine enterprises with high correlation and core components. In the next two or three years, Yuchai Group will strengthen Haihong through technology, capital, management, and market support, and become a global supplier of hydraulic products for construction machinery and a hydraulic production base with international competitiveness. .
View related topics: Yuchai won the "China Brand Annual Award NO.1" (internal combustion engine) title in 2007
with functions like image zooming, free grey value
stretch, contrast gradient stretch, 9fake colors, filter, edge enhancement,
equalization, emboss, threshold value division, negative display, length
measurement, area measurement, grey value display, image marking and noting),
Monitor system(can view all movements inside room during work), Mechanical
system, Electrical system and Protection & alarming system. Can real time
viewing workpiece inspection images to recognize if any failure and failure
type(fo example, crack, slag inclusion, air hole and other). User can save and
do process for collected images directly by software.
High Energy Betatron
High Energy Betatron,X Ray Single High Energy Betatron,Portable Electron Cyclotron
Dandong Nondestructive Testing Equipment Co., Ltd. , http://www.ddchinaxray.com