Before the official start of the presentation, attendees first visited the construction site of Chongqing Taide Construction Engineering Co., Ltd. This site utilized a Yutong YTR300Dmax rotary drilling rig with a 40-meter casing, setting a new domestic record for the deepest casing excavation using rotary drilling. It is understood that domestically comparable rotary drilling rigs can typically achieve casing depths of around 20 meters. The success of this 40-meter casing excavation is a testament to Yutong's continuous upgrades and improvements to its rotary drilling equipment in response to market demands, truly bringing significant value to customers. After the site visit, the guests praised the performance and construction efficiency of Yutong's new rotary drilling rig.
At 5 PM, the YTR300Dmax rotary drilling rig launch event began on time. Guo Xudong, General Manager of Yutong Heavy Industry's Foundation Engineering Machinery Division, delivered a welcome speech. Mr. Guo mentioned, "In 2012, the industry reached a turning point and entered a downturn. During these most difficult years for the industry, Yutong Heavy Industry focused on product development, honing its skills over five years. Today, after thorough market validation, the Yutong YTR300D series products are comparable to any domestic manufacturer's products of the same level in terms of reliability, operational efficiency, economy, and lifetime operating costs." At the meeting, Mr. Guo mentioned for the first time that, in order to improve the performance of its various business segments, Yutong Group plans to split Yutong Heavy Industry's business into three segments. Starting in January 2018, foundation engineering machinery and mining machinery will be officially transferred to Yutong Group Heavy Equipment Co., Ltd. In the new company, the management team, business location, and brand will remain unchanged. This change will enable Yutong to provide better products and services. Let us look forward to a bright future for Yutong Heavy Equipment.
At the meeting, Huang Zhiming, Secretary-General of the Piling Machinery Branch of the China Construction Machinery Industry Association, delivered an important speech. Secretary-General Huang emphasized two key words: "environmental protection" and "quality." He noted that the country has made significant efforts this year to improve environmental quality. He stated that in the piling industry, the environmental impact of construction sites is merely a superficial issue; the construction tools are far more crucial, as they fundamentally determine the construction process. Furthermore, regarding quality, ensuring the quality of pile formation depends heavily on the effective support provided by the construction equipment. Secretary-General Huang stressed that the Yutong YTR300Dmax rotary drilling rig seen at the customer's site today perfectly meets these two criteria. While Yutong rotary drilling rigs may not be the largest in scale, they are highly distinctive in their product structure and development. Yutong products are well-developed based on its own unique characteristics and perfectly meet market demands.
Next, Feng Qin, Deputy General Manager of Yutong Group Heavy Equipment Co., Ltd. and the Foundation Engineering Machinery Branch of Yutong Heavy Industry Co., Ltd., explained in detail the advantages and features of Yutong's new rotary drilling rig.
Following this, Chen Hua, General Manager of Chongqing Taide Construction Engineering Co., Ltd., delivered a speech. Mr. Chen stated that as a long-time customer of Yutong, from their initial cooperation in 2010 to purchasing two rotary drilling rigs from Yutong this year, Yutong has consistently adhered to its "customer-centric" management philosophy, continuously providing customers with high-quality products and services. Furthermore, Yutong's rotary drilling rigs are constantly being upgraded and improved, making them more suitable for current construction methods. As the General Manager of Taide Construction, he expressed his gratitude for having a partner like Yutong and believes that Yutong's rotary drilling rigs will shine brightly in the foundation engineering machinery market in the future.
Finally, Mr. Yu Haoshan, a professor-level senior engineer at the Exploration Technology Research Institute of the Ministry of Land and Resources, delivered a speech. Mr. Yu recounted his connection with Yutong Heavy Industry. Since Yutong entered the rotary drilling rig manufacturing industry in 2004, the two sides have been cooperating, jointly researching rotary drilling construction methods, and growing and improving together. To date, Yutong has consistently adhered to the principles of reliability, efficiency, low consumption, and intelligence, continuously refining product reliability and dedicating itself to R&D. Although its market share is not high, many details of Yutong's products are indeed top-notch. For example, Yutong was the first domestic manufacturer to adopt a single-row rope for its winches, effectively improving the lifespan of the main winch reducer and reducing vehicle fuel consumption. Yutong has always been dedicated to serving its customers and continuously upgrading and improving its products, which is highly commendable.
This promotional event allowed customers to experience firsthand the impressive on-site construction capabilities of the Yutong Heavy Industries YTR300Dmax rotary drilling rig, gain a detailed understanding of its technical advantages, and establish an industry communication platform. It provided attendees with a direct and in-depth understanding of the product, showcasing Yutong Heavy Industries' commitment to providing customers with consistently high-quality, high-standard products and services. Yutong Heavy Industries will work hand in hand with its customers to create new glories in the foundation construction industry.