Hongxing is developing at an unprecedented speed
12 August, 2013 at 6:56 am in Buy & Sell
In the first half of 2009, the state has increased investment in infrastructure construction background, the Henan Hongxing machine Co., Ltd. continue to extend the integration of industrial chain, depth and expand “diversification” marketing strategy, through the adjustment of industrial structure and the transformation of the mode of development to ensure that the company’s results of operations has been rapid development.
From the company’s long-term development perspective, the Henan Hongxing is at an important transition, its profitability focus to high-profit “diversity” is gradually extended business transfer essentially leap will occur in the future. With care the original business platform, the company is actively promoting the construction of higher margin new products, spare parts and construction machinery manufacturing business, and strive to form a “diversification” core earnings model, in constantly pushing high the overall profitability of the premise, and provide for future sustained and rapid development of favorable security.
Depends on China’s infrastructure Henan Hongxing equipment manufacturing business is to achieve an unprecedented development speed, and gradually upstream from mining machinery and equipment to construction machinery equipment development. Government investment in national infrastructure, making the construction of railways, highways, airports and other projects to accelerate the development of engineering required large specialized equipment: excavators, pavers, crusher, sand making machine and demand will continue to increase.
Result the Henan Hongxing demand for construction machinery and equipment in accordance with the development of infrastructure projects, upstream industry development is in line with the requirements of the state enterprise diversification. View from the Hongxing overall business segment of the Group, both defensive and growth characteristics significantly, so that the company can steady development stage in the economic cycle, and earnings growth.Powder grinding equipments mainly include raymond pulverizer,high strength pulverizer,micro powder,patent mill,bucket elevator and belt conveyor,etc.
By virtue of the national infrastructure business the first half of the year, Hongxing continue its rapid expansion, with the economic situation turns for the better and invest in the development of the Company intensified, the future for mining machinery, construction machinery and other main equipment will contribute more profit. Company’s internationalization strategy as a major mining equipment exporters, never give up, overseas business in the second half of the year will be the company’s sustained economic growth momentum.
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