On October 25th, sponsored by China Machinery Industry Federation, HBIS Group Co., Ltd. held the Industry Chain Coordinated Development 2019 activity in Tangshan. Yu Yong, Chairman of the World Iron and Steel Association and other leaders attended the event. Yu Youfei, President of Weihua Group, was invited as a representative and made a speech.

Yu Youfei pointed out that Weihua has provided lifting, port equipment and bulk material handling equipment for many domestic and foreign large steel mills.

Weihua and HBIS have maintained good cooperative relations for many years and must establish a sound supply chain. Weihua hopes to strengthen industrial chain cooperation with HBIS through coordinated development. In the purchase and sale of steel and cranes, Weihua and HBIS have long been customers of each other, hoping that both sides can preferentially purchase each other's products under the same conditions.

In terms of R&D, Weihua has been developing along the direction of green, intelligent, customized and networked products in recent years. In particular, the promotion of lightweight overhead cranes makes cranes self-weight, height and energy consumption reduced by 10%-30%.

Weihua hopes to promote the application of special steel in the crane industry with HBI, optimize the crane structure design, and reduce the weight of the equipment.