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Currently, China's economic situation remains generally sluggish, and the construction machinery industry— an important segment of China's equipment manufacturing sector—continues to operate at a low level. According to recent reports, in the first half of 2015, 18 listed companies specializing in construction machinery and key components generated total operating revenue of 50.009 billion yuan, marking a 29.31% drop compared to 70.744 billion yuan in the first half of 2014. Meanwhile, these 18 listed firms collectively reported a net loss of 590 million yuan for the first half of the year— a stark contrast to the 3.96 billion yuan profit recorded during the same period in 2014, representing a year-on-year decline of 114.89%. Industry insiders warn that companies are facing significant pressures from high levels of fixed asset investment, rising accounts receivable, and increasing inventory levels.
2020-02-13
The company specializes in mechanical free forging and machining services. Our products are certified under the ISO9001:2000 quality system, ensuring high precision and superior performance. We employ over 160 staff members, including more than 30 highly skilled professionals and technicians. Our state-of-the-art equipment includes a 2000-ton hydraulic press (for forgings up to 20 tons), a 2-ton air hammer, a 4-ton electro-hydraulic hammer, a 5-meter ring rolling machine (capable of handling rings up to 5 meters in diameter), as well as over 40 additional machines such as vertical lathes, horizontal lathes, sawing machines, and overhead cranes. Our forged components are widely exported to industrial powerhouses like the United States, Germany, the United Kingdom, India, Australia, and other leading economies. After more than a decade of steady growth, the company has accumulated significant expertise and experience in the industry.
Congratulations! The official website of Chengdu Chengde Heavy Forging Co., Ltd. is now live! Established in 2004, Sichuan Chengdu Chengde Heavy Forging Co., Ltd. is a large-scale joint-stock enterprise specializing in mechanical free forging and machining. Located in Xindu District, Chengdu, the company enjoys convenient transportation and swift service, with easy access via the Baocheng Railway, Dacheng Railway, National Highway 108, Cheng-Mian Expressway, and the Chengde Rapid Transit Route—just a 20-minute drive from downtown Chengdu. Covering an area of 38,000 square meters, we are dedicated to delivering top-quality mechanical free forging and machining solutions. Our products are certified under the ISO9001:2000 quality system, ensuring precision and excellence.
Coal and steel enterprises will further accelerate the pace of resolving excess capacity. Yesterday, Li Pumin, Secretary-General and Spokesperson of the National Development and Reform Commission (NDRC), announced that the NDRC will implement five key measures in the next phase of supply-side structural reforms.
The construction machinery industry faces significant downward pressure, but its outlook remains bright.
A high-tech enterprise mastering mold design, development, and manufacturing technologies.
Congratulations! The official website of Chengdu Chengde Heavy Forging Co., Ltd. is now live!
Resolving excess capacity becomes the top priority for the coal and steel industries.
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