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Guohua Technology achieved "over half of the time and over half of the target" in the first half of the year
Classification:News and information Release time:2011-06-30 21:16:34

In 2011, Guohua Technology set a market development goal for the entire year, with a contract amount of 1.8 billion and a goal of 2 billion. As of the end of June, the company has implemented 42 coal preparation plant projects with a total contract amount of 1076.9715 million yuan, achieving 59.83% of the annual target, a year-on-year increase of 22.35%, and achieving "more than half of the time, more than half of the target".

Compared with the previous year, there were 3 thermal coal preparation plant projects among the 42 projects, totaling 266.34 million yuan, accounting for nearly a quarter of the total, making significant progress, marking the steady progress of Guohua Technology in the thermal coal market. The implementation of 39 coking coal preparation plant projects has further strengthened Guohua Technology's advantageous position in the coking coal market. In addition, in terms of foreign market development, following last year's India project, a project with Russia is currently in contract negotiations, and the North American market is expected to achieve a breakthrough within the year.

Overall, in the first half of 2011, Guohua Technology exceeded its targets at the beginning of the year. The company is currently developing healthily, sustainably, and rapidly under the guidance of its marketing strategy of "consolidating coking coal, expanding thermal coal, and actively going global".