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Siton Signed a 32.472 Million Contract with YANGQUAN COAL INDUSTRY (GROUP) CO., LTD.
Home » News & Events » Siton Signed a 32.472 Million Contract with YANGQUAN COAL INDUSTRY (GROUP) CO., LTD.

Siton won the bidding of 44 crawler loaders and 22 Shuttle Mining Cars in the bidding activity hold by YANGQUAN COAL INDUSTRY (GROUP) CO., LTD on Nov. 17, 2012. On that day, we signed a contract with YANGQUAN COAL. It is stated in the contract that they will buy our equipment, whose total value is RMB 29.52 million and the relevant accessories, RMB 2.952 million in all. The total amount of this contract is RMB 32.472 million.

YANGQUAN COAL INDUSTRY (GROUP) CO., LTD., is not only one of the five coal groups in SHANXI province but also the largest anthracite production base in China. After more than 60 years of development, YANGQUAN COAL now is a diversified group. The leading industry here is coal and chemical industry. There are still four auxiliary industries, such as Aluminum electric property, building materials, equipment manufacturing, trade & services, etc.

Currently, this group possesses four public companies (YANGQUAN COAL, SHANXI SANWEI, TAIHUA SHARES, and ST EAST CARBON) and 567 subsidiaries. The total assets are up to 126.2 billion yuan and the staff is 176,000. YANGQUAN ranks the 93rd in Top 500 Chinese Enterprises, the 10th in Top 100 Chinese Coal Enterprises. In 2013, the income of sales is 210 billion and the profit part is 1.8billion. While the coal output is more than 70 billion!

It is not an accident for Siton to win this bidding. Recently, Siton has put more investment in increasing the equipment and has improved the products performance constantly to make sure more efficient production.

It is the dedication and effort of Siton staff that contribute to the successful cooperation with YANGQUAN COAL INDUSTRY (GROUP). It is our honor to invite their distinguished leaders and technicians to visit our company. The leadership made an on-the-spot investigation about the performance of our equipment with other 17 staff.

Particularly, they paid so much attention towards the deslagging effect of ZWY - 120/55L caterpillar mining loader used in XUZHOU MINING BUREAU. This caterpillar mining loader is equipped with 3 Shuttle Mining Cars, whose capacity is 14m3. The deslagging plan of this equipment is highly praised by all the leaders. They still checked out ZWY-80/45L crawler mining loader applied in CHONGQIN MINING CO., LTD and the other equipment, such as 2 Shuttle Mining Cars.

After the visit YANGQUAN COAL INDUSTRY (GROUP) decided to cooperate with our company.

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