On the 11th floor of the Fukai Building in Beijing's Financial Street, representatives of securities firms are waiting for special documents — written approvals from the China Securities Regulatory Commission for new share issues. ...
Tags: IPO, China economy
Chinese firms make overseas acquisitions as domestic market becomes saturated Despite the economic slowdown and overcapacity issues, China's market for construction equipment will likely recover from lackluster growth, as major companies ...
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) has announced that on December 19 it signed a strategic cooperation agreement with Hunan Province-based Zoomlion Heavy Industry Science & Technology ...
Tags: steel, metallurgy
With many Chinesecearning capability being squeezed by low technical content, appreciation of the renminbi and blind expansion, Chinese shipbuilders are looking to stay afloat by building more maritime engineering products. A recovery is ...
Tags: oil, shipbuilder
A worker examines the gas supply system at a specialty steel plant in Dalian, Liaoning province. From January to October, large industrial enterprises' profits rose 13.7 percent year-on-year. Liu Debi Industrial companies saw their profits ...
Tags: Industrial Sector, Mineral
Fineblanking combines the technologies of stamping and cold extrusion to provide parts with smooth edges with high accuracy. The stability and precision of the single step process eliminates the need for a number of other operations such as ...
Tags: key, benefit, FineBlanking
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine ...
Tags: MHI-MME, HHI, Ultra Steam Turbine, LNGC, PETRONAS, Malaysia
On Nov.5, 2013, China Machinery Industry Federation (CIMF) and Chinese Mechanical Engineering Society (CMEC) grant Yuchai’s seven results with Chinese Mechanical Industry Science and Technology Award with 3 of them are second grade ...
Tags: Yuchai, mechanical, industry, science, technology, award
Suzhou Province-based Chinese company Hailu Heavy Industry Co. has announced that it has won a tender to supply a coke dry quenching (CDQ) boiler to Chinese steel giant Baoshan Iron & Steel Co. (Baosteel Co.) and to supply another CDQ ...
Tags: Hailu Heavy Industry, CQD Boilers
Recession in the Chinese shipbuilding industry still continues. CSSC Jiangnan Heavy Industry Co., Ltd., (SHSE: 600072), a listed arm of China State Shipbuilding Corp. (CSSC), released financial for the third quarter of this year on ...
Tags: Transportation, Shipbuilding
China Oilfield Services October 30 signed three drilling platform building contracts with Dalian Shipbuilding Industry Offshore Co., Ltd. and China Merchants Heavy Industry (Shenzhen) Co., Ltd., which include the HYSY 982, the HYSY 943 and ...
Tags: Oilfield, Metallurgy, Mineral, Energy
When Guangxi Liugong Machinery was bidding to sell wheel loaders to a Thai rice merchant a few years ago, company president Zeng Guangan knew he needed to customize his equipment to beat off Komatsu Ltd and other Japanese rivals. ...
Tags: Heavy Gear, Wheel Loader
On October,18, Baosteel Special Steel and Hebei Hongrun Heavy Industry Co.,Ltd. Formally signed the Strategic Cooperation Agreement in Cangzhou, Hebei. Depending on the technology and brand advantage of Baosteel Special Steel, both sides ...
Tags: Special Steel, baosteel, steel
It’s been a good few weeks for China’s economic decision-makers. Official data showed exports in August rose 7.2% from a year earlier, surpassing all forecasts. The official purchasing managers’ index (PMI) for ...
Tags: Wrong Growth Path
Major domestic manufacturers accelerating their overseas expansion in developed markets After weathering more than two years of weak domestic sales and struggling with excess capacity, China's construction machinery market is set for a ...