Company Profile

Zhongxiang (Shandong) Heavy Industry Machinery Co., Ltd. was established by Zhongxiang International Group and mainly engages in the research and development, manufacturing and sales of high-end intelligent mining equipment and artificial intelligence equipment. Zhongxiang International Group is listed on the main board of the Singapore Stock Exchange, with its headquarters located in Hong Kong and Beijing. Its main business covers Africa, Asia, Eastern Europe and various regions in China, including oil and gas fields, mining, water industry, Bridges, real estate, intelligent control and other industries.

The company covers an area of over 56,000 square meters and has a construction area of over 40,000 square meters. Its main products cover special industry fields such as mining enterprises, water diversion tunnel projects, and underground pipe networks. Especially for non-coal mines, it offers a series of solutions from mining and excavation to transportation. Relying on the joint design of universities and research institutes in Beijing, the company conducts innovative research and development on intelligent mining technology systems. We have achieved the research and production of unmanned mining equipment, realizing large-scale unmanned equipment and intelligent systems for mines. The high-end intelligent mining equipment and tunnel construction equipment we produce and manufacture, with the product advantages of high efficiency, intelligence, safety and environmental protection, provide services for mines at home and abroad, meeting the diverse needs of mining enterprises of different scales.

The company's current main business products include mining loaders, underground loaders, rough-lifting trolleys, rock drilling trolleys, and mining transport vehicles, etc. The annual production capacity is 5,000 units, with an existing capacity of 1,200 units. By 2024, it is expected to sell over 800 units, achieving a combined sales revenue of 150 million yuan, a combined tax of 4 million yuan, and a profit of 7 million yuan. The comprehensive market share is approximately 6% to 10%. The direct foreign trade export reached over 30 million yuan.

Thanks to continuous technological innovation and a high-quality service system, our company's intelligent mining equipment enjoys a good reputation in the market and has been widely recognized by large and medium-sized non-coal mine users. Our products are exported to Europe, America, Africa, Southeast Asia, the former Soviet Union region, etc. Among them, a state-owned mine in a certain former Soviet-Stan country has more than 560 of our scraper and loader machinery.

The company has been continuously increasing its investment in scientific research, focusing on making efforts in the full industrial chain series of products, new energy products, and cross-industry products, developing, investing in, and reserving a batch of products. At present, the research and development and trial production of the entire series of scraper loaders in the field of new energy product development have been completed. Currently, all of them have entered the pilot production and user experience stages. In terms of intelligent manufacturing, the intelligent development of all vehicle models has been completed, and all can be unmanned operation and remote control.

By continuously increasing investment in research and development, enhancing the technical level and technological content of products, improving product quality and service levels, and replacing imported products with the price advantages of advanced technology, reliable use, excellent quality and low cost, we can meet the equipment renewal needs of domestic mining enterprises and build digital and intelligent mines.

In conclusion, in the face of an increasingly fierce market competition environment, we will unswervingly follow the path of innovative development, continuously enhance our core competitiveness, and strive to make greater contributions to promoting the intelligent transformation of the mining industry in China and even the world.