Facing the World Economic Situation, Tank Heavy Industry’s Response Strategy and Development Direction

The impact of the world economic crisis cannot be underestimated. The United States’s monetary overshooting has led to a surge in the price of steel raw materials and economic recession. Few would have predicted the ferocity, breadth and far-reaching impact. The decline in demand for construction machinery products in the domestic market, together with a variety of uncertainties, is bound to have a huge impact on the machinery manufacturing industry.

In the face of poor market environment, we have maintained a good momentum of development, and established cooperate relationships with enterprises both at home and abroad, including domestic well-known large and medium-sized construction machinery industry enterprises. Cooperating together for common development is one of the effective strategies to cope with the adverse market environment and the full swing of the enterprise cooperation reflects the consensus reached by our counterparts on this point.

Tank Heavy Industry has cooperated with many enterprises to promote the domestic and overseas markets. This not only enables the well-known enterprises to withstand the pressure of the rising cost of raw materials in terms of cost, but also facilitates the company’s technical exchange and absorption with well-known enterprises in terms of technical level and product quality, so as to get a steady improvement.

Co-production with domestic and overseas enterprises also indicates that the company’s next product quality and brand image will be further improved. Coupled with years of rich experience in management, technology, research and development, manufacturing, market service of the machinery industry, we are confident that we will deliver a perfect Tank Heavy Industry answer to the world.