Joint Ventures and Cooperation
Invest 1.5 billion RMB for Annual Output of 100,000 Tons of Large Diameter High-Pressure Alloy Pipe Project Introduction
Market Analysis and Company Decision
Energy is the lifeline of the country. The occupancy of the thermal power plants and nuclear power plants on the energy and power market quota is more than 80%. Especially our country has put forward the energy policies of speeding up nuclear power and big pressure to overlap low pressure in thermal power field. Energy committee leaded by Premier Wen Jiabao as director, Vice Premier Li Keqiang as vice director and some members of the central ministries are in national energy leading group. This reflects the importance of energy in China.
Facing the enormous nuclear power market and thermal power market, it's a rare opportunity for our company which specializes in high temperature, high pressure and high alloy steel pipe. Bohai invested 1.5 billion RMB, annual output of 100,000 tons of new large-diameter high-pressure alloy pipe project. This project started on March 18, 2008.It will soon go into production. The second stage of the project is in progress.
The second stage of the project is 50,000 tons hydraulic pressure for main engine and 25000 tons of an auxiliary engine. It's the maximum power among the peers. Besides, the 12000 tons high speed forging, 500 thousand refined casting project is undergoing. This project is named by Hebei provincial government as a provincial key project as well as cityŁ¬and give strong support from land, environmental protection, etc. Petro China Group is laying down a natural gas pipeline for this project.
Convenient situation. The transportation of sea, road and air are all convenient. It's the prosperous area of national grade development zone "Bohai New Zones". The 3 branch plants are closely located on both sides of the national road 283.Mill areas last more than 2000m along the road, with lights lighting and traffics flowing. It's magnificent scenery.
Facing the trend of association between strong enterprises from domestic and overseas, Bohai is willing to pen the door welcome peers and powerful corporation and investment company working together, joint-stock, joint venture, etc., joined efforts in developing nuclear power market and thermal power market in domestic and overseas.
Joint Ventures Cooperation and Corporate Planning
Bohai Heavy Industry is growing every year and until now have no liabilities. Bohai is prosperous and we sincerely welcome all the major companies from domestic and overseas to visit for business negotiation and cooperation. The cooperation can be varied. Including talents, equipment, stock right and funds, etc. The mutual benefit double wins. If conditions allow, Bohai has the following plans:
Speed up the second-stage project, that is "750 Project" will be endeavoring to speed up the construction, operation at an early date.
After the second-stage project put into operation, Bohai annual consumption of Billet Steel is 300 thousand tons. Now plan and prepare of the 300 thousand tons cast steel project to start as soon as possible. On the occasion, Bohai will become a powerful transnational corporation in the world. Bohai firmly believe that goal will be achieved, and must become true!
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