Invested RMB1 Billion Yuan, Jiangsu Hydraulic Industrial Park Broke Ground in Zhenjiang
翻译 2008-07-24 16:44 Tina Lu Source:forkliftnet.comPresently, Jiangsu Hydraulic Industrial Park which was invested RMB 1.025 billion Yuan formally broke ground and began construction in the Industrial Park in Runzhou, Zhenjiang, Jiangsu Province. Once the project is finished and put into production, this Industrial Park including the enterprises such as White (China) Hydraulics Co., Ltd. settled not long ago will become the largest scaled manufacturing base for hydraulic steering control units and hydraulic motors in the world.
It was reported that this project was invested to construct by Zhenjiang Hydraulic Components Mfg. Co., Ltd., which is one of the enterprises among Chinese machinery industry with the strongest core competition as well as one of top 1000 medium-small enterprises with the best growing potential. The company mainly manufactures high quality hydraulic steering control units, hydraulic orbital motors and matching hydraulic valves. Recently, the products from the company has occupied over 60% domestic market share and exported to more than 20 countries and regions. The sales of hydraulic steering control units and hydraulic orbital motors in Xingxing Brand keeps to No.1 in China and No.4 in the world in successive years. Last year, the company realized sales income of RMB 272 million Yuan and profit & tax of RMB 100 million Yuan.
The newly-built Jiangsu Hydraulic Industrial Park possesses land of 248 Mu and total building area of 150,000 m2. The project will be constructed in two phases as the initial phase will be invested RMB 500 million Yuan. The whole project is planned to be finished in five years with expectation to produce 1.2 million suites of hydraulic steering control units and hydraulic orbital motors after construction, realizing total sales income of RMB 970 million Yuan and tax of RMB 100 million Yuan.
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