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China First Heavy: heavy machinery manufacturing industry to develop new momentum - China First Heavy Industries, a heavy equipment manufacturing -

China First Heavy is the largest heavy machinery manufacturing enterprises, mainly engaged in heavy machinery manufacturing, metallurgy, petrochemical, energy, transportation, mining and other industries and national defense modernization to provide complete sets of major technical equipment, high-tech products and technical services. Company is the largest and most complete sets of metallurgical equipment manufacturers, China's largest Nuclear power Equipment and nuclear forging manufacturers, China's largest heavy-duty pressure vessel equipment manufacturers, China's largest manufacturing base of large castings and forgings. A heavy machinery industry in China lies in a leadership position in many segments, the production of metallurgical equipment, including smelting equipment, rolling equipment, continuous casting equipment, products and equipment to all 500 tons of domestic steel companies over which large Rolling equipment manufacturing specifications occupy 70% market share. Casting and market share of its domestic nuclear power more than 90% market share of domestic nuclear reactor pressure vessel more than 80%. At present the company's total share capital of

4.538 billion shares, this plan no more than 20 million shares issued A shares, the total share capital after the issue of not more than 6.538 billion shares. Raise funds to be invested large petrochemical containers and a million-kilowatt-class nuclear power main circuit equipment, building bases and Forging Steel Casting and Forging independent of transformation projects, total investment of 8.389 billion yuan.

Company will be February 1, 2010 implementation of the online subscription, purchase, code: 780 106. Historic focus on heavy machinery for 50 years

Company and the predecessor of the first heavy machinery plant, has witnessed the heavy machinery industry, the New China 50 years of development. Technology companies fill the gaps in more than 400 industrial products, developed 300 new products, mechanical products for the national economy to provide nearly 200 million tons, the company's various products are widely used in metallurgy, electric power, energy, transportation, mining, petrochemical and other industries. Created a number of items of the history of the "China first", to create the famous "China First Heavy" brand. Company not only in domestic customers enjoy good reputation in the international customers also have quite a reputation.

50 years, the company provides machinery for the national economy of nearly 200 million tons, fill the technical gaps than 400 industrial products, developed 300 new products, has equipped Angang, Baosteel, Wuhan Iron and Steel, Shougang, Benxi Iron and Steel, Panzhihua Steel and other major steel companies, FAW, Dongfeng Motor [5.66-2.41%] and other major auto companies, PetroChina, Sinopec, CNOOC and other oil-chemical enterprises, Chalco [12.15-3.03%] Group, Jinchuan Nonferrous Metals Group Co., Ltd. and other companies, Pingshuo coal, Junggar coal mine, Jiangxi Copper [33.42-3.52%] group companies and other large mining production base, the Three Gorges Hydropower Station, Xiaolangdi Hydropower Station, Gezhouba [13.340.00%] Hydropower Station, etc. large-scale power plants, Nuclear Power Station, Pakistan and other nuclear power plants Chashma.

Company relies on a large shareholder?? Heavy Machinery Group, China's first strong industry background, with its strong Innovation Capacity, has the independent intellectual property rights to provide domestic and international heavy machinery and equipment products, ability to lead the Chinese heavy machinery industry development, product quality and always maintain the leading domestic level, some of the products reach the international advanced level, so get a higher premium, has considerable brand value.
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