Picture 1. Leaders of Our Party in the Signing Ceremony
Picture 2. Contract Signing Ceremony
Picture 3. Group Photo after the Ceremony
In the morning of July 13, 2020, SINOMACH Heavy Equipment Group Co., Ltd. (abbreviated as SINOMACH-HE hereinafter) and PT. RATION BANGKA ABADI, signed the EPC Contract of Indonesia Sadai Tin Production Line Project. Mr. Xiao Ping, Deputy President of SINOMACH-HE, and Mr. Mr. Dedi Bastian, President of Sadai Tin Solder Industry Corporation, signed the contract documents separately. Affected by the new corona pneumonia, the signing ceremony was conducted through a videoconference. Mr. Zhang Fei, President of SINOMACH-HE Chengdu Heavy Machinery Co., Ltd. (a subsidiary to SINOMACH-HE, abbreviated as Chengdu Heavy Machinery hereinafter), Mr. Zheng Hansong, Deputy President of CHMC, Mr. Vindyarto Purbalinarko, President of Indonesia Sadai Industrial Park, the main stockholders of the Industrial Park, local government representatives, and others, attended the Contract Signing Ceremony.
Indonesia, with abundant reserves, is the world's largest exporter of tin. However, its tin production still stays at the stage of rough finishing tin ingots, and the deep processing downstream industry of the high-tech and high-value-added tin products are seriously lacking. The needed products such as tin powder or some tin materials have to be imported. Indonesia urgently needs to build a deep tin processing project to promote the development of the tin industry. The Tin Production Plant EPC Project was developed by CHMC and Chengdu Heavy Machinery together. The two brother companies deeply cultivate the 'Belt and Road' overseas markets, and reached the strategic cooperation with the owner on industrial chain development of the tin processing project.
“Break Through in the Predicament，Create Development in the Dangerous Situation”, on the basis of the strategic arrangement of SINOMACH-HE, CHMC and Chengdu Heavy Machinery would normally do a good job in preventing and controlling the epidemic, at the same time, make every effort to promote the Project coordination and the Project implementation.
