Shandong coal machinery equipment manufacturing industry has become the pillar of the coal industry

The Coal Machinery Industry Association of Shandong Province was established on the 22nd in Taishan Sanitarium, Shandong Province.

In recent years, the coal mining industry in Shandong Province has accelerated technological progress and continuously adjusted its product mix. It has formed a multi-variety, multi-series, multi-category production and supporting system for coal equipment and components. In 2010, the province's main operating income of coal machinery industry was 11 billion yuan, and profits and taxes were 2.7 billion yuan, an increase of 21%, 17%, and 10% respectively compared with 2009.

In the coal mining industry, the main operating revenues of coal mining machinery from New Mining Group, Yankuang Group, Shandong Mining Machinery Group and Tianmu Group have exceeded RMB 1 billion. There are 7 coal machinery enterprises in the province that have entered the "Top 50 Enterprises in China Coal Machinery Industry". Shandong Province has become a major province for China's coal machinery equipment manufacturing industry. Coal machinery equipment manufacturing industry has become the pillar of the province's coal industry.

Xu Yaxiong, president of the China Coal Machinery Industry Association, said that the establishment of the Shandong Coal Machinery Industry Association is of great significance to the acceleration of the development of the coal industry and coal machinery industry in the province. In the future, the coal machinery industry should speed up technological innovation, vigorously implement the brand-name driving strategy and standardization strategy, continuously improve product quality, enhance the competitiveness of the coal industry, and promote the transformation and upgrading of the coal industry.

According to Qiao Naoyi, director of the Bureau of Coal Industry of Shandong Province, the coal industry in the province is scattered and lacks high-precision products, lacks necessary product promotion and protection, and the industry is decentralized. Industry associations have unique advantages that industry authorities cannot match in coordinating the relationship between government and companies, enterprises and enterprises.

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