200 million yuan aerial work platform order, opening a new era of strategic cooperation between Lingong Heavy Machinery and Xinxiang Equipment
On May 17, 2019, the signing ceremony for the 200 million yuan high-altitude operation platform order and strategic cooperation between Lingong Heavy Machinery and Xinxiang Equipment was held in Jinan, Shandong.
Yu Mengsheng, Chairman of Lingong Heavy Machinery, Zhi Kaiyin, General Manager, Shi Yanyu, Deputy General Manager, Sun Jing, Chief Financial Officer, Wang Renbin, Deputy General Manager, Fang Liyou, Deputy Secretary of the Party Committee, Guo Pengfei, Assistant General Manager, Fu Zhiguo, Assistant General Manager, Xu Zhitao, General Manager of Chentai Financial Leasing, He Yunchang, General Manager of Xinxiang Equipment Technology (Shanghai) Co., Ltd., Jiang Xin, General Manager of the Asset Management Department, Li Yanguo, General Manager of the Procurement Department, Zhao Lei, Supply Chain Director, and Li Deqiang, Regional Manager of Shandong, attended the signing ceremony.
At the signing ceremony, Zhi Kaiyin, General Manager of Lingong Heavy Machinery, and He Yunchang, General Manager of Xinxiang Equipment, signed the contract for a high-altitude work platform order worth a total of 200 million yuan and celebrated this historic moment together.
This strategic cooperation is of great significance to both Lingong Heavy Machinery and Xinxiang Equipment, and will play a crucial role in their rapid development, "commented Zhi Kaiyin, General Manager of Lingong Heavy Machinery.
Regarding the successful partnership with Lingong Heavy Machinery, He Yunchang, the General Manager of Xinxiang Equipment, who has many years of experience in the industry, said, "In the leasing industry, we not only need to focus on the present, but also look to the future. We need to choose not only products, but also long-term strategic partners for Xinxiang Equipment based on a 5-year, 10-year, or even longer time dimension
In addition, the Xinxiang Equipment team highly praised the product quality of Lingong Heavy Machinery, the sustainability of technological innovation relying on the group's advantageous resources, the lean production system, and management and operational efficiency, which have become important factors for Xinxiang Equipment to choose Lingong Heavy Machinery.
In his speech at the signing ceremony, Shi Yanyu, Deputy General Manager of Lingong Heavy Machinery, said, "The strategic cooperation with Xinxiang Equipment marks a high degree of strategic mutual trust between the two parties. Lingong Heavy Machinery will continue to improve its product research and development design level, control product quality, provide good training and services, support leasing service providers' operations, and provide long-term support for partners to ensure the realization of greater value for both parties
As an equipment rental service provider, we will also assist Lingong Heavy Machinery in continuously improving the application level, reliability, operating costs, and resale value of our products. Both parties will promote and enhance each other through cooperation, "added He Yunchang, General Manager of Xinxiang Equipment.
Industry insiders unanimously believe that in the next decade, the number of aerial work platforms in China's market will reach the level of one million, and the Chinese market has huge potential for growth. Thanks to the strong driving force of the Chinese market demand and the combination of factors such as replacing imported products, Chinese brand high-altitude operation platform manufacturers represented by Lingong Heavy Machinery have ushered in an "excellent opportunity" for development in the past five years.
"We are full of confidence in the temporary heavy machinery." For the future development of the aerial work platform industry, the general manager of the branch printing is also full of confidence. For the future development of temporary heavy machinery important business-aerial work platform, "temporary heavy machinery is the integration of the group's advantageous resources focus on development."
Yu Mengsheng, chairman of Lingong Heavy Machinery, attended the signing ceremony and presented a calligraphy with "win-win cooperation" to He Yunchang, general manager of Xinxiang Equipment, implying the expectation of both sides for more comprehensive and in-depth strategic cooperation.
Lingong Heavy Machinery is not only a provider of a complete set of solutions for mining, but also a rookie in the aerial work platform industry. It has been committed to solving industry problems and continuously providing customers with more value-added services. "It is expected that in the future, the two sides will continue to deepen win-win cooperation and achieve sustainable development through multi-field and multi-level comprehensive cooperation." Chairman Yu Mengsheng said.
During the signing ceremony, representatives of the senior management team of both parties took a group photo as a souvenir
About temporary heavy machine
Lingong Group was founded in 1972. It is a large-scale backbone enterprise in the national construction machinery industry. It now has more than 10000 employees and a national high-tech enterprise. It has rich experience in the construction machinery industry and global design concepts.
Lingong Heavy Machinery is a wholly-owned subsidiary of Lingong Group. Since entering the aerial work platform market, it has quickly grasped industry opportunities, precise research and development, and market-oriented. In just three years, it has become one of the top three aerial work platform manufacturers in China. Achieve the first domestic sales in 2018. In overseas markets, Lingong Heavy Machinery has established European companies and North American companies to continuously consolidate the product strength of aerial work platforms, continue to deepen product competitiveness, accelerate the globalization of design and manufacturing, and promote the rapid development of the aerial work platform industry.
About Credit Equipment
Xinxiang Equipment Technology (Shanghai) Co., Ltd. was established in 2017. It is an important member company of Chengtai Leasing and an important strategic carrier for Chengtai Leasing to lay out the supply chain finance business sector. Based on the equipment product line, the company provides one-stop equipment asset management services around the full life cycle management of equipment. The parent company Chengtai Leasing was established in September 2015 in Lujiazui, Shanghai Free Trade Zone, and was jointly initiated by well-known companies such as Sunshine Insurance and Orient Securities. In August 2018, Chengtai Leasing was increased by the initiating shareholders and Qilu Transportation, Minsheng Plus Bank and other institutions, with a registered capital of 3.3 billion yuan. Chengtai Leasing continues to deepen the six major industrial fields of cultural tourism, education, medical and health, infrastructure, logistics, and urban public utilities. Relying on its deep understanding and professional services rooted in the industry, relying on the rich and diverse financial resource background of shareholder institutions, it is committed to Create value for customers, shareholders, employees, partners, government and society.
Source: Lingong Group official website
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