Dalian heavy industry and railway construction cooperation signed a strategic cooperation agreement
At noon on October 11th, Dalian heavy industries issued a notice: the company and the China Railway Construction Group Co. Ltd. in September 29, 2016 signed a "strategic cooperation agreement, and entered into force in October 9, 2016. The two sides intend to carry out in-depth cooperation in the field of shield machine business market and urban underground space.
It is understood that the railway construction is an enterprise specialized in construction machinery, special equipment and rail equipment and other high-end equipment research, design, manufacturing and service in one of the core technology, the company has mastered a number of areas of underground engineering equipment with the world advanced level and independent intellectual property rights, as the domestic leader in driving machinery.
According to the cooperation agreement, the railway construction heavy industry actively play the technical advantages in the field of shield machine, Dalian heavy industries play in the city of Dalian local advantages, the two sides will jointly develop cooperation in the region of the shield machine market and financing business development of city underground space. The cooperation area is Dalian and Dalian heavy industries approved by both sides can control and obtain orders of the region.
In addition, the two sides will jointly contribute to the establishment of a new company, according to the parties invested to determine the proportion of equity in the new company, the new company is mainly responsible for the agreement within the area of the shield machine business contract and technical services and financing to develop urban underground space. In the new company, responsible for manufacturing railway construction heavy machine's design and technical support as well as the key part of the leading manufacturing and guide party both quality supervision and workshop equipment transformation and product manufacturing process. Dalian heavy industry is responsible for coordinating regional relations and market development, leading the new company as a local government support shield machine manufacturers, responsible for the corresponding parts manufacturing and assembly business.
According to the Dalian heavy industry, the company and the railway construction heavy industry to establish a strategic partnership, is conducive to the expansion of shield machine company business, enhance the company's profitability and core competitiveness, meet the needs of company development and strategic planning, in line with the interests of all shareholders. In addition, the performance of this agreement will not have a significant impact on the company's financial status and operating results in the short term, nor will it affect the independence of the company's business and operation, and the company's main business will not rely on the implementation of this agreement to rely on partners.
In the spirit of equality and cooperation, complementary advantages, mutual benefit and common development principles, Dalian heavy industry and railway construction cooperation, will open a new trend of the development of the local market, and the two companies will develop better and better.
