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Nothing can be achieved without innovation

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

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With the rapid development of mining equipment industry, in order to increase the market share, many domestic enterprises have devoted to research and development, which has largely promoted this line. Hongxing persists in implementing the strategy of improving the competition ability of our products, relying on strong R&D team, keeping forging ahead in an innovative way, aiming at the forefront of technology, and constantly updating the HI-TECH innovation capability of the corporation.

After entering WTO, foreign technologies and equipment have entered into China, which is helpful for our domestic technology and product quality, and also can promote our machinery quality improvement. Of course, there are shortcomings in China market. So we should make up for these through technology innovation.

Hongxing Machinery, pioneer and professor of mining machinery, is always committed to the R&D and manufacturing of stone crushing machines, sand making machines, grinding mills, aggregate production line and other large machinery for so many years. Under the situation of fierce international competition, Hongxing People are struggling to expand international market, Kefid jaw crusher, impact crusher, vertical shaft impact crusher(sand making machine), cone crusher, large grinding mills, mobile crushing plants and other equipment have been exported to India, South America, East Europe,Saudi Arabia and many other countries, which got good reputation from customers.

If the equipment manufacturing industry upgrades, research-and-development-oriented enterprises will benefit. We think that the comparative advantage of the labor cost in China machinery industry is disappearing, so the upgrade of equipment manufacturing industry is the only way to success. At present the r&d investment is only that of about 2 percent for the 204 listed enterprises in our country machinery industry. But according to the fact that In America the R&D fees reach 6 percent for the 245 listed mechanical enterprises, the research and development investment of China machinery industry is insufficient. Looking from the American development experience, if an enterprise increases its r&d investment dramatically, its business performance and the profit level will improve greatly in the next 5 to 10 years, and excess returns of these listed companies is also much higher than that companies with less investment.

At present, due to the wide application of mining equipment and bright future of market, there is a good investment environment. Crushing machines are widely used in mining, smelting, building material, highway, railway, water conservancy and chemical industry. Rapid economic development is inseparable from the development of those industries.In mining applications, the next few years, the growing of mines and rise in coal production, will surely increase the crushers demand, especially in western region of China.

Henan Hongxing Mining Machinery Co., Ltd is a large-sized mineral high frequency screen, gravel screen manufacturer, and the mining equipment we researched and developed with great concentration plays an active role in the mining and ore beneficiation industry and is one of the indispensable mining crushing equipment in the mining industry. bucket elevator: http://www.hx-crusher.com/n271.html
impact rotary crusher: http://www.hxjq-mill.com/news/impactor_equipment.html

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