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CSIC: CHIC Made Great Progress in Market Development


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In the first half of this year, the output of CHIC increased 53.33% year by year, contract value grew 100.89% year by year, and the profit rose 232.22% year by year.

CHIC made great progress in market development. It maintained its advantageous position in emergency traffic equipment, regained highway steel market, and made a dent in government procurement. Through investigation & research, publication and followup, mine vehicle and carrier vehicle will be put on the market in the second half. The development of bridge extending equipment, special shipbuilding equipment, marine engineering equipment, special emergency rescue equipment is ongoing. In May, CHIC concluded a formal contract in connection with bridge anti-bumping device. With the guideline of going out, CHIC expanded overseas market, including Thailand Rapid Bridge, Laos-Myanmar Friendship Bridge, Indonesia Bailey Bridge, Bengal Rope Bridge and Australian Steel Bridge. The overseas sales volume exceeded 55,000,000.00.  

Moreover, according to the “Twelfth Five-Year” International Business Plan, its three overseas offices made efforts to seek cooperation opportunities overseas while undertook profits. Up until now, projects in Ethiopia and Bolivia are under negotiation. 

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