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China should deepen product line development

4 March, 2013 at 3:06 am in Buy & Sell

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Recent years, coal price has some fluctuations, which affects coal mining industry especially the machinery equipment. Nevertheless, the price rises, and the demand for coal mine euqipment is more and more. So we can say that, challenges and opportunities co-exist. China is rich of coal resources. And coal is the main mineral ore depended by China. For this, coal quarrying industry is one of the key industries. About 90% of coal mining equipment used in China is produced domestically. Chinese companies are developing the capacity to manufacture high-tech mining equipment, such as super-power electric haulage shearers, hydraulic support systems, and armored face conveyers.

From the perspective of product segments, hydraulic support composes the value core of fully mechanized coal mining equipment and is also the segmented sector that features the most fierce market competition. As the famous mining machinery company in China, Zhengzhou Hongxing seizes every development challenge to innovate the machine technologies and improve the comprehensive competence. Furthermore, in order to improve mine management and to increase coal production, the Chinese government has established new policies to encourage foreign investment. This shift in policy has included granting foreign companies the rights for mineral geological exploration.

Except for the analysis on status quo and market demand of coal mine machinery industry, along with the ever increasing coal output and the rising level of coal winning equipment in China, the demand for coal mine machinery ,such as jaw crusher,impact crusher will maintain the relatively high growth rate in the following years. Promisingly in 2015, the output value of coal machinery industry will reach RMB149.9 billion, with the CAGR of 22.8%. Concerning the competition pattern, Chinese coal mine machinery industry characterizes comparatively low market concentration ratio. In 2009, the market share of Top 10 coal mine machinery enterprises by sales turned out to be 27.9%.

Henan Hongxing Mining Machinery Co., Ltd has many years' of technological power and experience accumulation of manufacturing and management of ball grinding mill, sand making machines which have many advantages such as simple and reasonable structure, high independent impact crushing ability, super low operational cost and the most competitive price. These machines have the most competitive price and the most reliable quality so that they are the top choice for the high performance crushing equipment. rotary calciner kiln: http://www.hxjq-mill.com/news/rotating_drying_kiln.html
ball mill grinder: http://www.hx-crusher.com/n269.html

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