Posts Tagged ‘China’

In April 2009 Digger Exports in China Continued to Slump

The foreign market is depressed. In April 2009, China exported 118 excavators, they accounted for only 1. 1% of turnover, up 77. 99% of annual average, which has continued to expand in the reduction rate. In March 2009, the export volume of 142 Chinese miners were reduced to 75. 13% over the same period last year. Of America and Japan, the two largest markets for construction machinery, in late March 2009, employees of the construction industry have been killed by 147,300 in the United States, representing 2. 3%. Currently, the number of jobs is about 6. 38 million, up 13. The 2% during the same period last year. In Japan, sales of the three largest construction machinery manufacturers have been rejected by 15% (to end March 31, 2009), 46. 4% reduction in operating profit and average gross profits declined from 13. 5% to 8. 5%. Moreover, it is expected that the benefits of all income and the operation will be… Continue reading
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1 comment - What do you think?  Posted by admin - 2009/11/14 at 12:17 pm

Categories: Excavators   Tags: , , , , , ,

Lingong the domestic market in 2010 seminar held in Beijing

November 4, 2009, at the Tenth Beijing International Construction Machinery Exhibition & Seminar during the Lingong in Beijing Tangshan Holiday Conference Center held a "Symposium Lingong the domestic market in 2010." Company leaders, relevant departments as well as part of the dealer more than 30 CEOs attended the meeting.

Meeting to "speak freely offered advice and suggestions, tens of billions of plans, and seek common development" as

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Be the first to comment - What do you think?  Posted by admin - 2009/11/12 at 10:25 pm

Categories: lingong   Tags: ,

Full launch of commercial operations of wind power generation business in Inner Mongolia, China

Sumitomo Corporation (President & CEO: Susumu Kato, Head office: Chuo-ku, Tokyo), Sumitomo Corporation (China) Holding Ltd. (President & CEO: Kenji Kajiwara, Head office: Beijing, China) and Sumitomo Corporation Kyushu Co., Ltd. (President & CEO: Toshio Yoshimoto, Head office: Fukuoka city, Fukuoka) have fully launched commercial operations of a wind power station in Chifeng, Inner Mongolia, China, following the completion of installation and test operation of all windmills. The project has been developed in partnership with China Datang Corporation (hereinafter, “Datang”), one of the five largest power generation companies in China, and Kyushu Electric Power Company (hereinafter, “Kyushu Electric Power”). The company running the project, Datang Sino-Japan (Chifeng) Renewable Power Corporation, was founded in November 2007, with a 20% investment by Sumitomo Corporation, 51% by Datang and 29% by Kyushu Electric Power. As the first Sino-Japanese joint wind power generation initiative, this project has been developed with loans from the Asian Development Bank and the Industrial and Commercial Bank of China… Continue reading
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Be the first to comment - What do you think?  Posted by admin - 2009/11/11 at 9:42 pm

Categories: Sumitomo   Tags: , ,