2020-04-18 03:39
Seven Changsha-based OEMs, including SANY, ZOOMLION,SUNWARD and CRCC signed a Letter of Intent to share the resources of the spare parts suppliers and integrate supplier management models during the board meeting of Changsha Construction Machinery Association in SANY Industrial City on April 16,2020.
Signing Ceremony at the board meeting of Changsha Construction Machinery Association
Professor Qinghua He, Founder and President of SUNWARD said during the meeting that we remain optimistic about the prospects of construction equipment market as the increasing domestic investment in infrastructure has stimulated demand for our products. In addition, the COVID-19 supply chain disruption will force us to localize the entire industrial chain. As SUNWARD holds the rotating presidency of Changsha Construction Machinery Association this year, we took the lead in resuming production and hit a record high in output in March.
About Changsha Construction Machinery Association
Jointly founded by Hunan University, SANY, ZOOMLION, SUNWARD, CRCC and Bank of Changsha in 2019. Changsha Construction Machinery Association (CSCMA) is aiming to promote industrial resource sharing on technology, information and services. CSCMA has been building an industrial collaboration platform to ensure well-coordinated development in the city.
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