Summary of duties

Mingshan Holdings Group is a supplier of integrated engineering solutions, providing cutting tools and components for construction equipment, which are specially used in the tunnel cutter, which is widely used with tunnel boring machines and small tunnel boring equipment. it is usually used to cut through all kinds of geotechnical cross-sections to dig tunnels, except for the tunnel industry. At the same time, integrated engineering solutions will also be provided to customers of the foundation industry, and in the year up to December 2016, most of the revenue comes from the tunnel segment, accounting for 94.4% of the revenue respectively.

Thank you very much.

Has a long history in supplying cutting tools and components for equipment construction, and has practical knowledge in providing integrated engineering solutions for customers.

There are a wide range of customers and have established secret relations with many southern Asian countries and Chinese market participants, so they are in a good position to grasp the business opportunities of the construction industry in these countries.

Negative factor

The transaction of the collection is based on an item-by-item basis, and it may not be possible to effectively renew or obtain a new contract after completing the manual contract.

Most of the construction equipment cutting tools and components of the collection facility are provided by a small number of suppliers (especially Palmieri Group). If there is any decrease in the supply or supply volume or the breakdown of the cooperative relationship with the supplier, the operation and service of the collection may be seriously affected.

The purpose of the income

About 41% is used for the further development of prefabricated parts and equipment services in China.

About 34.9% of the equipment and equipment used for rental or rental purposes are used or provide part of the funds for their purchase.

About 14.1% is used to invest in tunnel maintenance and warranty services in China.

About 10% is used for general financial assistance.