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Jianhua Holding Group, a major manufacturer of precast concrete components, has ranked first in sales volume in China for 26 consecutive years in the sector because of the country's strong national economic growth, which goes hand in hand with infrastructure and industrialization.
The precast components produced by Jianhua have been used for the Beijing-Shanghai high-speed railway, the Hong Kong-Zhuhai-Macao Bridge, the Tesla factory and many other construction projects.
Prestressed, high-strength concrete, from pipe to pylons, is one of the main products used for infrastructure. In past decades of urbanization, the products have been widely used in myriad of high-rise buildings, bridges, piers, railways, river dredging and maintenance projects, ultra-high voltage power projects and others because of its adaptability to various geological conditions, said Xu Jingxin, chairman of the group.
In addition to the domestic markets, the company's products have been sold to Vietnam, Indonesia, Malaysia, Cambodia, Thailand, Brunei, the Philippines and Sri Lanka, Xu said.
To meet demand, Jianhua group signed a strategic cooperation framework agreement the Zhongshan city government in February to establish Jianhua (China) Supply Chain Group Co there. With an investment of more than 1 billion yuan ($143 million), the new company is expected to be able to garner more than 20 billion yuan within five years.
To achieve this goal, the group will introduce additional high-tech equipment and manufacturing processes and upgrade traditional low-end manufacturing industries to midlevel and high-end manufacturing.
Wang Han contributed to this story.
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