Tianrun crankshaft plan to increase expansion

Tianrun crankshaft has issued an announcement a few days ago and plans to expand its crankshaft production capacity by another 652,000 sticks. From the annual production capacity of more than 500,000 crankshafts before being listed in August 2009 to the production of 800,000 crankshafts in 2010, in a short period of one year, the Tianrun crankshaft production capacity has nearly doubled through the capital market's east wind, and if its targeted issuance projects smoothly Implementation, the company is expected to recreate two days before the listing of Tianrun crankshaft in more than three years.

However, the rapid development of the domestic auto industry and construction machinery manufacturing industry has made the contradiction of the company's capacity insufficiency manifest again. In the case of an agreement with the host plant, the company will provide support to the host plant to meet the growing demand for products such as Weichai, FAW Xichai, Dongfeng Cummins, Shangfei Red, Beiqi Futian and other strategic supporting customers. To create an international crankshaft manufacturing base, the company plans to refinance six projects.

The six projects are specifically: Cummins light engine crankshaft production line with annual output of 2.8L light engine crankshaft 150,000. The annual output of Weichai P12 heavy engine crankshaft 50,000, Weichai WD 615 heavy duty engine crankshaft 50,000, Weichai heavy engine crankshaft production line. The Xichai/Shang Fei Hong/Cummins heavy-duty engine crankshaft production line with an annual output of 100,000 heavy-duty engine crankshafts. With an annual output of 100,000 Lilang medium-sized engine crankshaft production lines, Beisha Saab 2.0/2.3 car engine crankshaft and Guangzhou Automobile Fiat car engine crankshaft project with an annual output of 200,000 car crankshafts. Annual production capacity of 2000 marine crankshaft forging production lines for various types of marine crankshafts.

Among these projects, the heavy-duty engine crankshaft itself is Tianrun's crankshaft has a relatively large competitive advantage, technical content and the highest economic value-added products. As a large-scale commercial vehicle manufacturer in India, India Leland provides India with about 80% of urban transport passenger cars, and is the backbone of different series of truck production from 7.5 tons to 49 tons in India. Cooperation with India's Leland will further increase the company's international market share. The car engine crankshaft products further expand the company's market segment.

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