On the morning of January 19th, at 10:30 am, the company high pressure hose plant machines rumbles. After 6 months’ intense construction, installation and commissioning, the first high-pressure hose products were formally put off the assembly line. The Group Chairman Niu Yishun, Executive Director Niu Teng, high leaders of Aneng Company and some employees took part in the ceremony.
After visiting the high-pressure hose production line, the Chairman made an important speech. He pointed that, high-pressure hose project was one of the eight projects in 2010, was also a third successful project of the Group. Last year, the Board decided to build the high-pressure hose project, planning to put into production in the Spring Festival of this year, through our efforts to achieve the desired goal. The Chairman thanked all participants, especially the foreign engineers and Aneng staff, and hoped everybody should continue to work hard with high-quality and high standard. The Chairman asked the Group to continue to intensify our work to ensure that the remaining five projects must be completed before this year's "May 1st", put into production before "July 1st", as soon as possible, as to bring benefits for the Group in the "Twelve Five "hundreds of billions of sales revenue over the grand goal of laying a solid foundation.
The high-pressure hose project is a co-investment between Hixih Group and Veyance Company. With the total investment of 200 million U.S. dollars, 100 million standard planning capacity meters, first term investment of $ 120 million, first term production capacity of 50 million standard meters, the project used Veyance the world's leading manufacturing technology and production processes, the main production equipments were imported from the United States, Italy and Germany, which were one of the high-pressure hose production enterprises with the most advanced process technology and manufacturing equipment, the most powerful R & D and the most high-end product quality. The main products include steel wire winding, steel wire weaving, filament winding, fiber weaving and hand-wrapped these five major products, which are widely used in coal, petroleum, mining, chemical, aviation and maritime, construction machinery, military, manufacturing and other industries.
The high-pressure hose project had been started construction from July 2010, engineering and construction area of 30,000 square meters. After completion, the sales income will increase 2 billion yuan, profit and tax 500 million yuan, and 1000 new jobs. The success of high-pressure hose off the assembly line made the company built up a conveyor belt and high pressure hose complete system, so the competitive advantage was more prominent, more optimal allocation of resources and more powerful overall strength, to lay a strong foundation for creating the world's largest manufacturer of conveyor belts and hoses.