10 years ago, the competition in international trade is increasingly fierce, domestic raw material prices continued to climb, and explored the African market became one of our development priorities. Then, the stones used for buildings and roads in Africa are broken with a hammer by local people, which was time-consuming, there was almost in the era of agricultural civilization. With a large number of domestic crusher were exported to Africa,combination crusher became the hot-selling device! With the rapid economic development in Africa, the fixed small crushing and screening equipment cannot meet the demand, smart African people converted a mobile crusher for crushing, and this may be the prototype of the African mobile crusher. But it still cannot satisfy the needs of the development of infrastructure in Africa! Mine crusher is widely used in mining, metallurgy, building materials, road, railway, water conservancy and chemical industry in Africa. China mining machinery crusher is earliest one that enters into Africa, and favored by the African people.
If the equipment manufacturing industry upgrades, research-and-development-oriented enterprises will benefit. We think that the comparative advantage of the labor cost in China machinery industry is disappearing, so the upgrade of equipment manufacturing industry is the only way to success. At present the r&d investment is only that of about 2 percent for the 204 listed enterprises in our country machinery industry. But according to the fact that In America the R&D fees reach 6 percent for the 245 listed mechanical enterprises, the research and development investment of China machinery industry is insufficient. Looking from the American development experience, if an enterprise increases its r&d investment dramatically, its business performance and the profit level will improve greatly in the next 5 to 10 years, and excess returns of these listed companies is also much higher than that companies with less investment.
Africa”s economic development is relatively fast, transportation and other infrastructure investment increases and the exploitation of mineral resources is also intensified, so demand for crusher, ball mill and sand making mining equipment increased; crusher in Africa and other countries are underdeveloped; while Chinese mining machinery has a price advantage, so it enters into African countries with greater ranges, which laid a solid foundation for Hongxing mining machine exporting to foreign countries.
As the leader of the domestic mining machinery, Hognxing actively participates in international competition in recent years, the exports quantity of Hognxing ore crusher equipment increases year after year, and it has become a hot-selling product in the African market. Today, Hongxing crusher is favored by Zambia, Kenya, Zimbabwe, Ethiopia, Rwanda by its excellent performance and perfect after-sale.
As a professional and the best mining machinery manufacturer in China, Hongxing Machinery is always ready to provide the superior mining crusher, teeth roll crusher, and these machines have the most competitive price and the most reliable quality so that they are the top choices for the high performance crushing equipment.