Hunan Daily: Sany Heavy Industry UK has another business opportunity

President Xi Jinping's official visit to the UK has brought development opportunities to many domestic enterprises. Enterprises in the fields of finance, infrastructure and energy are ushering in good opportunities for bilateral economic and trade cooperation. Today, Sany Heavy Industry reported that the company signed an agreement with CITIC Group and Daofeng Holding Group to cooperate in equipment supply.

It is reported that according to the agreement signed by the three parties, CITIC Group, Sany Heavy Industry and Daofeng Holding Group will jointly set up an equipment leasing company in the United Kingdom based on the Royal Albert Dock Project ("RAD Project") under Daofeng Holding Group, and will actively introduce local partners in the United Kingdom to carry out cooperation, and the cooperation will involve the leasing and trade of engineering equipment. Engineering equipment mainly includes tower cranes, truck cranes, concrete mixer trucks, concrete mixing buildings, prefabricated parts production lines, etc., which are the main products of Sany Heavy Industry.

CITIC Group is one of the most active suppliers in the international construction market, and has been extensively involved in the bidding, design, construction and management of large-scale construction projects in China and abroad.

As an internationally renowned equipment supplier, Sany Heavy Industry has provided equipment support for the construction of many major engineering projects at home and abroad. Putzmeis, a subsidiary of Sany Heavy Industry, is a leading brand in the UK market in the fields of mixed land pumping equipment, mortar pumps, and industrial pumps.

The UK is one of the top 3 in the European construction machinery market. Taking excavators as an example, the UK is the largest excavator market in Europe with a scale of *5655 and *5656Mini excavatorsmarket, *5656 large crawler excavator market. In June 2015, Sany Heavy Industry's excavator was officially launched in the UK. The local agent TDL has successfully sold 30 sets of Sany excavators to customers for trial and received good feedback, which also strengthens Sany Heavy Industry's confidence in further expanding the British market.

This year, Sany Heavy Industry Co., Ltd. successfully provided lifting services for the renovation of the London Olympic Stadium in the Europe's 5655 tonnage crawler crane SCC6300 (630 tons).