[Liugong's overseas shipments of large excavators increased by 500% year-on-year] Since February 2023, Liugong has made continuous breakthroughs in the overseas large excavator market, and its shipments have increased by 500% year-on-year! Recently, Indonesia's first rock arm excavator - Liugong 970E rock arm excavator successfully entered the customer's mine project. The customer has successively purchased more than 100 sets of Liugong equipment in the past year, including a complete set of mining equipment such as loaders, excavators, road rollers, graders, bulldozers, and mining wide-body vehicles. The 970E rock arm excavator weighs 90 tons and is mainly used for crushing surface rocks in mines. Compared with bulldozers, it can efficiently break harder rock layers when stripping the surface rock and soil. After a period of trial, the customer found that the working efficiency of the 970E rock boom excavator was 32% higher than that of other brands of 500-horsepower bulldozers, while the fuel consumption was 25% lower. At present, the customer has placed another order for two 970E rock boom excavators. Edit/Ma Xue

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• 2024.04.26 17:40
• [China's battery factory will land in Thailand, with an investment of 30 billion]
• The Board of Investment Promotion of Thailand (BOI) revealed that Seven world-leading Chinese battery manufacturers, including Ningde Times New Energy Technology Co., LTD., AVIC Lithium Technology Co., LTD., Inbai Battery Technology Co., LTD., Yiwei Lithium Energy Co., LTD., Guoxun High-tech Power Energy Co., LTD., Xinwangda Electronics Co., LTD., and Beehive Energy Technology Co., LTD., have chosen Thailand as their battery production base The development prospect of... BOI predicts that in 2024, at least two battery manufacturers from China will invest in the production of batteries in Thailand, and the first phase of investment will exceed 30 billion baht. In order to attract more battery manufacturers to invest in Thailand to set up production bases, BOI and relevant departments will introduce a series of policy measures, such as exempting investors from corporate income tax, exempting machinery and raw material import duties, etc., while relevant departments will also provide certain financial support, improve the relevant infrastructure construction, and train high-level researchers in related fields. With the continuous presence of battery manufacturers, it will help improve the supply chain of Thailand's electric vehicle industry and achieve energy renewable. Editor/Xu Shengpeng

• 2024.04.26 17:40
• [The second phase of the China-Thailand Railway was submitted for deliberation]
• National Railway Authority of Thailand (SRT) Director Neelu revealed that on the 18th of this month, the board of directors of the Railway Bureau met to review the second phase of the China-Thailand government high-speed railway project: Korat - Nong Khai section cooperation project, the project length of 357.12 kilometers, the budget of 341.351 billion baht. It is divided into 235.129 billion baht for civil works of the high-speed rail project, 10.31 billion baht for land ownership and property compensation, 80.165 billion baht for investment in the railway system-electric train system and machinery, and 10.06 billion baht for project management consultancy and supervision work and system certification. At present, the detailed design of the project has been completed and the environmental impact assessment report is in progress. Meanwhile, the second phase of the China-Thailand high-speed railway project will be tendering in the form of an E-Bidding system in 2025, with a total of 13 project contracts, which are expected to be completed in 2030 and put into use in 2031. In addition, the project has also adjusted the civil works, divided into 202.48 km of elevated track and 154.64 km of surface track, aiming to avoid impact on the five large stations in the relevant area. Editor/Xu Shengpeng