Hongxing Makes Plans to Be the No.1 Mining Brand

During 'the twelfth five-year plan', we are actively complying with the spirit of the meeting held by country committee & country government; doing our best to finish the three battles of project construction, turn-key project and capital operation; making efforts to implement the breakthrough on sales amount of 5 billion and the breakthrough on tax of 100 million; trying to be the leading enterprise for economic development of Henan Province. In the face of severe and complicated international and domestic situations, under the correct leadership of the Party Central Committee and the State Council, we further implement the scientific concept of development, speed up the transformation of economic development mode, emancipate the mind, forge ahead, do solid work, put forth effort to tackle the outstanding problems that constrain sound and rapid economic and social development, and achieve a good situation of economic growth, people's livelihood improvement, social harmony and political stability.

In recent years, the total scale of Hongxing Machinery has made great strides, scientific innovating capacity has been gradually strengthened and brand perception gradually appears. Successfully organize & implement transformation of major scientific and technological achievements of Henan Province, undertake three items of national torch plan project & two items of national new product strip plan, gain 53 items of various licenses, Hongxing gains Chinese top brand, 'Hongxing' trademark has been approved as Chinese famous trademark meanwhile the group has gained the total contract management of foreign qualifications. At present, our company is a leading enterprise of Chinese crushing and grinding machinery and the biggest manufacturing base of mining machinery equipment in China, its production & sales amount is 2nd of the industry, the first of Henan province and the company shows the developing trend. RedStar implements sales invoicing of 2.016 billion, Jan. - July of this year has finished sales invoicing of 1.26 billion and paid tax could be 62 million.

Next, President of RedStar Machinery will introduce the determination and plans to make the dreams come true.

Firstly, finish the speed fight of project construction. Actively implement 2nd extending of 300 acres of new area. In recent years, country committee & country government holds the topic meeting for the development in three times and promote construction of new area. New extending area helped our enterprise implement the sales invoicing of RMB 2 billion last year. Since August, Shan Xiaoming of country committee, Lu Weidong of country head, Zhu Chun of committee chairman visited our company for many times and helped to solve various problems caused by 300 acres extending of new area, such as power capacity, bridge support, housing demolition, establishment of project, environmental impact assessment, land using indicators, large-part transportation & wharf construction, etc.. At present, the group has made operational schedule, first period of extending project of 20000 square meters has started, guarantee that nickel metallurgical kiln could be put into operation in 2012, high efficient energy-saving technology has been put into production in June of 2013, 100,000 square meters factory buildings has been finished in 2014 which makes manufacturing workshop of group reach 300,000square meters and lays the foundation of over sales invoicing of RMB11.2 billion of building material equipment industry in 2015.

Secondly, deal with difficult tasks in turnkey project. Build complete set of services of project, actively expand service economy, further cross the barrier of talented person and civil construction, develop turnkey projects, form the large industry, large configuration, large service and large transportation structure in building material and equipment manufacturing industry and supply support barrier for implementing continues development.

Finally, deal with breaking tasks in capital operation. The enterprise makes three-year company listing as one of the developing strategies, specifies management of operating companies, actively & initiatively recommends strategic investment partners, strengthens the profitability, adjusts & solves various problems such as funding, capital increasing, property transfer of housing & land, supplies fund guarantee for further expansion.