Development course of Changde Zhonglian Heavy Industry Hydraulic Co., Ltd.

Changde Zoomlion Hydraulic Co., Ltd. (formerly Changde Xincheng Hydraulic Co., Ltd.) was established in September/kloc-0, 1992, and joined Zoomlion in February, 2008, becoming a holding subsidiary of Changsha Zoomlion Technology Development Co., Ltd. The company is located in the high-tech park of Changde Economic and Technological Development Zone, Hunan Province, with a total area of 44,000 square meters (of which the production base in Wuling District covers an area of 22,800 square meters) and total assets exceeding/kloc-0. In 2002, the company passed the ISO900 1:2000: 2000 quality management system certification, and it is one of the 18 key contact units determined by Changde Municipal Party Committee and Municipal Government. In 2008, it was rated as "provincial high-tech enterprise" and in 2009, it was rated as "Top Ten Excellent Enterprises in Changde City" by Changde Municipal Party Committee and Municipal Government. The company is a professional manufacturer integrating the design, development, manufacture and sales of engineering hydraulic valves and hydraulic systems. As a strategic supporting company within Zoomlion, it produces the core control components of mainframe products. The leading products are hydraulic components such as hydraulic or manual proportional combination control valves and balance valves, covering 8-70 tons of hydraulic truck cranes, and their products are exported to many countries with the main engine. In 20 10, the company's sales exceeded 100 million, and the taxes paid exceeded 10 million. In the next three years, the company will carry out large-scale technical transformation and expand production capacity. On may 20 10, the company signed the agreement of zoomlion hydraulic expansion project with the management Committee of Changde deshan development zone. The planned area of the project is 300 mu, with a total investment of 300 million yuan. It mainly constructs production workshops, logistics warehouses, shift buildings, office buildings and auxiliary facilities, and expands and upgrades the production of hydraulic components. The project is expected to start in 20 10/0, and be partially completed and put into operation in 20 165438 10. It is planned that by 20 12, the company's sales revenue will reach 300 million yuan and profits and taxes will reach 75 million yuan. After the project is fully completed and put into production, the company's output value will increase substantially, reaching 80- 1 billion yuan in 20 15 years, which not only creates conditions for the independent supply of key accessories of Zoomlion's main engine products, but also makes more contributions to the development of construction machinery in China.