Consolidation of Mining Firms is a Trial for Development

In order to realize a comprehensive development in small engineering machinery corollary parts including mini excavator, it is important to achieve hydrostatic transmission. At this moment, among the small engineering machinery like compact wheel loaders, backhoe loader backhoe, skid steer loaders, telescopic handler and small tonnage forklift etc., the hydraulic parts needed by the supporting model of those hydrostatic transmissions mostly depend on import. Internationally, loaders under three tones basically realize hydrostatic transmission in developed countries, while loaders produced in our country at an annual output of hundreds of thousands of units almost still adopt hydraulic transmission.
It will be a long time for Chinese engineering machinery industry(ball mill) going flourishing because the debt of the merger is high that the risk will explode itself during the industrial shuffle. On 2ed July, Qingke Research Center announced a set of merger statistics of the Chinese enterprises. During the first half year in China market, among the 422 merger cases, machinery manufacturing in the lead has completed 50 cases which account for 11.8%.
The phenomenon of merger among Chinese engineering machinery giants is becoming prominent, especially the frequent overseas merger. On the one hand, European debt crisis has brought the opportunity that the value of Target Company goes down. On the other hand, this represents its longing for the core technology as well as its demand towards expanding the overseas market. To a service-oriented brand integrity,As the professional manufacturer of complete sets of mining machinery, like cement making plant, Henan Hongxing is always doing the best in products and service.primary crushers:http://www.jaw-breakers.com/T3.html
Since 2001, the engineering machinery industry has a hard time. Along with a continuous fall in investment growth of the real estate and infrastructural construction, the large shrinkage of the downstream demand in various engineering machinery products, and financial strain of the guest room, these enterprises adopt a low down payment or even zero down payment of the sales model to stimulate marketing in order to gain their customers during fierce competition. This overdraft sales strategy has already exposed the risks.
According to statistics, the first-quarter receivable total accounts of the engineering machinery listed companies which rank in the top eight is 58.374 billion yuan, which increases by 41.5% compared with that in 2011. The sum of the net cash flow produced by their operating activity has fallen from 9.652 billion in 2010 to 2.814 billion, which is far from a 23.012 billion yuan net profit.