Jinsheng Axle attended the Jining "Belt and Road" National Economic and Trade Cooperation Conference.

On the afternoon of the 9th, the 2017 China (Jining) "Belt and Road" National Economic and Trade Cooperation Forum was held at the Shengdu International Conference Center. Shandong Jinsheng Axle Manufacturing Co., Ltd. was invited to participate in this forum. The event involved a training class on international capacity cooperation with representatives from 13 countries, including management personnel from Eurasian chambers of commerce, with a total of 50 foreign guests attending the forum and visiting some enterprises in Jining. The event was themed "Silk Road Excellence: Cooperation and Win-Win", aimed at promoting investment and trade exchanges between Jining City and countries along the "Belt and Road", as well as international capacity cooperation, and exploring new areas of economic and trade cooperation. Zhang Wei, Vice President of the China Council for the Promotion of International Trade, Su Hua, Secretary of the Party Leadership Group of the Shandong Provincial Committee of the China Council for the Promotion of International Trade, and Fu Ming, Deputy Secretary of the Municipal Party Committee and Mayor, attended and delivered speeches. The purpose of this forum is to promote investment and trade exchanges between Jining City and countries along the "Belt and Road", as well as international capacity cooperation, and to explore new areas of economic and trade cooperation. In his speech, Zhang Wei congratulated the forum on its convening on behalf of the China Council for the Promotion of International Trade. He stated that international capacity cooperation has become an important aspect of implementing the "Belt and Road" strategy. The China Council for the Promotion of International Trade will accelerate the exchange between Chinese and "Belt and Road" business communities, promote international capacity cooperation between China and foreign countries, and encourage local enterprises to go out, come in, and continue to develop. Shandong Province is rich in resources and has a complete industrial system, with a noticeable acceleration in the pace of enterprises going global. As a strong industrial city and a cultural city in Shandong Province, Jining attaches great importance to "Belt and Road" related work and has taken a series of measures to support local enterprises in conducting economic and trade cooperation with "Belt and Road" countries, achieving significant results. Through the holding of this forum, Jinsheng Axle will prioritize "valuing etiquette and speaking with integrity", actively engage in investment cooperation with countries along the "Belt and Road", share opportunities, and achieve win-win development.

2019-01-17

Maintenance Guidelines for Fixed Loading Bridges

Regular maintenance is also required for fixed loading bridges, just like other handling tools. So what specific periodic maintenance tasks should be performed for fixed loading bridges? Here, we will introduce them one by one: Monthly Maintenance for Fixed Loading Bridges: 1. If the hydraulic oil becomes dark, sticky, or contains foreign particles such as sand, it should be replaced promptly. 2. Check for wear on the rollers, intermediate shafts, bearings, cylinder pins, and arm hinge shafts. If any wear is found, immediate repair or replacement is necessary. 3. Each part should be lubricated with some grease to extend the service life of the bearings. End-of-Year Maintenance for Fixed Loading Bridges:

2019-01-17

Investing 700 million, Hongyan aims to strengthen its presence in the axle market.

On March 25, reporters learned from SAIC Iveco Hongyan Automobile that the company will invest 700 million yuan to build a new project for 300,000 axles on the site of its old factory. These components will not only support the Hongyan and Iveco vehicles produced in Chongqing but will also introduce Iveco technology, re-entering the heavy truck axle market. Following the joint venture between Hongyan and SAIC Iveco and the relocation to the Liangjiang New Area Automobile City, the old factory located in Shuangqiao is gradually becoming a production base for key components. "We will re-enter the truck axle industry," said Xiong Weiming, General Manager of SAIC Hongyan Iveco. The investment for this project will reach 700 million yuan.

2019-01-03

The general strike at Thai factories has resulted in a loss of 15 million dollars for American axle manufacturers.

According to Automotive News, due to a strike at General Motors' factory in Thailand, the company's parts supplier, American Axle Manufacturing, has also been affected. The production cuts caused by the strike could lead to a loss of $15 million for the latter. American Axle supplies front and rear axles and drive shafts to General Motors' local factory from its facility in Rayong, Thailand, for the production of mid-sized trucks. In a recent document, American Axle stated that it expects to incur a loss of $15 million in the first quarter of this year due to the impact of the strike at General Motors' Rayong factory.

2019-01-03

American axle Q2 revenue rises 8.1%, net profit surges 4.5 times.

On August 5, Gai Shi Automobile Network reported that American Axle Manufacturing announced a robust growth in both operating revenue and net profit for the second quarter of this year, thanks to the strong recovery of the U.S. light truck market. In the second quarter of this year, American Axle's operating revenue reached $799 million, an increase of 8.1% compared to $740 million in the same period last year. Notably, the revenue generated from non-GM business saw a significant increase, rising 12.9% year-on-year to $224 million, with its share of total revenue climbing from 26.8% in the same period last year to 28%. American Axle's President and CEO David C. D.

2019-01-03