Zhenhua heavy industry accelerates overseas invest

2022-09-23
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Zhenhua heavy industry accelerates overseas investment to acquire German shipyard

Zhenhua heavy industry accelerates overseas investment to acquire German shipyard

China Construction machinery information

Guide: as the largest heavy equipment manufacturing enterprise in the world, Shanghai Zhenhua heavy industry has accelerated the pace of internationalization in the past year, making Binzhou and Zouping the most competitive aluminum deep processing industry cluster in the country in the world, and has set up a number of subsidiaries. When attending the 2014 China Overseas Investment New Year Forum on January H - residual indentation depth on the 11th, Huang Qingfeng, vice president of Zhenhua heavy industry, said: we should not only focus on

as the largest heavy equipment manufacturing enterprise in the world, Shanghai Zhenhua heavy industry has accelerated the pace of internationalization in the past year and set up a number of subsidiaries around the world

when attending the "2014 China Overseas Investment New Year Forum" on January 11, Huangqingfeng, vice president of Zhenhua heavy industry, said, "we not only want to sell Chinese equipment to the world, but also need to do our equipment manufacturing business stronger, bigger and more refined through investment and financing. 2. Put forward higher requirements for the clamping jaw of the experimental machine: the clamping surface is long, has high hardness and toughness, and the clamping tooth surface has been treated with a certain technology;"

at present, Zhenhua heavy industry has occupied more than 70% of the global port machinery market. Last year, U.S. President Barack Obama delivered a speech in Miami port, encouraging the United States to use "made in America" more widely. But when a gust of wind blew, the crane behind him revealed the commercial mark of Zhenhua heavy industry

according to Huang Qingfeng, Zhenhua heavy industry plans to set up 8 regional centers in China and 36 subsidiaries under the jurisdiction of 8 regional centers abroad. At present, more than half of the overseas subsidiaries have been established, distributed in the United States, the Netherlands, Germany, India, Sri Lanka, Turkey, Vietnam, Singapore, Brazil, Australia, South Africa and other countries. Huang Qingfeng explained that if the sales equipment is supported by overseas subsidiaries, it can be further expanded. These overseas subsidiaries will also undertake product delivery, after-sales service, technological transformation, spare parts sales and other functions, and play a role in the future industrial layout close to users and Zhenhua heavy industry

Zhenhua heavy industry not only focuses on selling equipment, these overseas subsidiaries will also look for local investment opportunities. At present, Zhenhua heavy industry has expressed interest in acquiring a shipyard in Germany and will also take stakes in local docks in Italy and the United States. "We are also considering whether to acquire some foreign small technology service companies, which can promote our global service strategy faster and make our company more competitive." Huang Qingfeng said

Shanghai Zhenhua Heavy Industry Co., Ltd., founded in 1992, is a state-owned listed company with a and B shares, and the controlling party is China Communications Construction Co., Ltd., one of the world's top 500 companies. "With our own good reputation and the support of China Communications Construction (601800, Guba), we have a very strong financing ability, so we need to find investments related to our main business around the world. In this way, we can not only profit from the investment, but also provide equipment for investment projects, killing two birds with one stone." Huang Qingfeng said

Zhenhua heavy industry will invest overseas in the form of equipment shares. Huang Qingfeng said that since Song Hailiang, chairman of Zhenhua heavy industry, took office, an effective strategy has been to use investment to stimulate the main business of equipment. After Zhenhua heavy industry launched the concept and new design of automatic wharf, American port group took the initiative to find the chairman of Zhenhua heavy industry to set up a joint venture wharf with Zhenhua heavy industry in the United States. "However, the transformation and investment of automated terminals require funds. The United States agrees that we should invest in equipment and ensure subsequent profits, which is why we are so interested in investment. If we become a shareholder of a project, we and users are common stakeholders, our equipment will sell better, and we can also promote our own R & D technology." Huang Qingfeng said

Zhenhua heavy industry in transition is gradually saying goodbye to losses. In 2012, Zhenhua heavy industry lost 1.044 billion yuan in net profit. Huang Qingfeng admitted that the financial crisis in 2009, changes in exchange rates, and the rise and shortage of steel have had a great impact on Zhenhua heavy industry. Songhailiang, chairman of Zhenhua heavy industry, has carried out a series of internal and external reforms since taking office in August 2012, and put forward the goal of turning losses into profits in 2013. According to Huang Qingfeng, Zhenhua heavy industry has achieved this goal, achieved profits, and won more than one billion yuan in large orders last month. According to the 2013 interim report of Zhenhua heavy industry, the company achieved an operating revenue of 10.488 billion yuan in the first half of the year, with a year-on-year increase of 6.7%

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