My country’s mining machinery industry has achieved significant development results in recent years. While acknowledging these achievements, we must also identify and address the shortcomings in the industry’s development. Currently, the supply situation of key components for mining machinery in my country is not optimistic, mainly because the supply conditions of key components cannot meet the demand for mining machinery. With the development of the times and the improvement of technology, high-end energy-saving products have emerged, and major enterprises are setting their sights on this market with huge potential, investing heavily in the introduction and development of new technologies, all hoping to gain a share of this rapidly evolving market.

However, the inadequacy of key mechanical components has limited the development and innovation of mining machinery. Currently, the main problems with key components in mining machinery are outdated manufacturing processes, a shortage of high-end components, and a heavy reliance on imports. This inevitably increases production costs for enterprises and forces my country to cede its component market to foreign competitors. Therefore, we must take timely measures to improve the manufacturing processes and technological content of key components. After careful analysis, experts from Red Star Machinery believe that there are three ways to improve the current state of development of mining machinery components:

(1) Domestic enterprises should actively seek cooperation with advanced foreign manufacturing enterprises to absorb advanced foreign technologies through cooperation;

(2) For companies with strength, they can also acquire relevant technical and management experience by holding controlling stakes in foreign companies;

(3) A large number of talents should be introduced and investment in scientific research and development should be increased. In addition to companies that specialize in making parts, complete machine manufacturers should also focus on the production and research of core components, which will save a large amount of funds for complete machine manufacturing and research.

In this era of rapid progress, Xinshengrun Group is not lagging behind. It continuously introduces professionals and strengthens the professional skills of its employees to meet market demands and introduce world-class technologies, striving to manufacture high-end intelligent mining machinery products.