BEIJING (INP): Founded in 1950, Taiyuan Heavy Mechanical Group Co ltd (TZCO) is the first heavy machinery manufacturing enterprise in China. During the foreign media delegation visit to Shanxi, it was learnt that as an economic pioneer of the republic, TZCO provided more than 40,000 units of product in more than 3, 000 types that weighed 10 million tons for national key construction projects and create more than 500 top one records at home and abroad. TZCO is the world’s only R&D base and manufacturer of a complete portfolio of wheels, axles and gearboxes used in rail transportation, the world’s only R&D base and manufacturer of both mining excavators (4-75m three) and hydraulic excavators (1.8-150 ton) and the world’s only crane manufacturer that produces a complete collection of cranes including the world’s largest 1,300-ton bridge cranes for hydroelectric power stations and 550-ton casting cranes.

It is also China’s largest manufacturer of space launching products, pipe rolling mills , pipe straighteners and oil film bearings for rolling mills , as well as a manufacturer with the complete portfolio of forging and coke oven equipment . With its products exported to more than 60 countries and regions, the high-end equipment manufacturer is continuously reinforcing its innovation driven and sustainable progress. Taizhong Group entered Chinese top 500 manufacturing industries in 2005, and won numerous awards. The company has made important contributions to New China and national industries, which is known as the "pioneer of the national economy". As one of the most important research and development and manufacturing bases for heavy equipment in Mainland China, Taizhong Group has first-class equipment manufacturing level and research and development innovation capabilities that focus on serving various fields, including metallurgy, mining, coal, rail transit, new energy, marine engineering and construction machinery and other fields, with complete equipment and general engineering contracting capabilities. Taizhong products have been exported to over 50 countries and regions around the world.

As a leading company of the industry, TZ has always focusing on both Chinese market and overseas market and unswervingly follow the way of global development. TZ has implemented elements of resources allocation for globalization and actively participated in the One Belt and One Road strategy. Now, TZ manufacturing has gradually become popular in overseas market and TZ is standing in the world in a new stance. Orders from overseas markets have keep increasing during recent years. Leading products of TZ, including wheels and axles of railway transit, cranes for metallurgy and casting, forging equipment and steel rolling equipment, have exported to over 50 countries and regions in the five continents. TZ has established branches and offices in countries including Germany, Russia, South Africa and Chili. In 2011, TZ acquired VLI Pty., Ltd and CEC and founded TYHI India Company; in 2012, TZ Hong Kong International Limited was founded; TZ established offices in South and East Asia, Central Asia and West Asia at the end of 2016 and manufacturing, R&D, sales and capital operation have stepped out; Since the country’s implementation of One Belt and One Road strategy, TZ has given full play to resources and advantages during its “go-out” in recent years to build strategic partnership with countries along the belt and road so as to actively respond to the government’s strategy and policy.

TZ visits countries involved in the strategy, such as India, Russia, Pakistan, Turkey, Indonesia, Iran, Vietnam, Kazakhstan and Mongolia, to layout its business in vital countries. TZ’s heavy equipment base in Lingang enables TZ to export its products to the world in a quick and safe way. Besides, the excellent heavy wharf enables TZ to undertake freight transport for over 10 companies around the world. In future, TZ will enhance its globalization completely while focusing on Asia, South America and Australia with its knock-out products including metallurgic crane, mining excavator, forging equipment, pipe rolling equipment and wheels and axles of train to increase the percentage of export products from 15% to above 30% and finally 50% so as to realize the goal of creating a global TZ and keep moving toward a global enterprise of excellence.

Credit: Independent News Pakistan (INP) — Pak-China