Equipment Procurement

Xinhai has established a complete procurement and supplier management system and quality management system to ensure that production and procurement processes are strictly executed according to quality manuals. Xinhai also uses an advanced digital supply chain system to ensure product and service quality, improve project operation efficiency, and reduce operating costs, aiming to provide strong support for customers' mine construction.

Benefiting from extensive experience in mine equipment procurement and construction management, Xinhai has established a mature procurement and supplier management system. Xinhai conducts in-depth development and evaluation of suppliers based on product quality, cost, delivery time, and service level, setting clear standards and requirements. Through strict selection, Xinhai has established long-term relationships with a group of influential and excellent suppliers in the industry. Thanks to these long-term relationships and frequent equipment procurement, Xinhai can deeply participate in equipment production guidance and conduct quality inspections in advance, ensuring the reliability of equipment quality. This model allows Xinhai to provide various equipment and materials needed for mine engineering construction and beneficiation operations, enjoying the benefits of long-term procurement discounts, thus bringing real economic benefits to customers. These equipment and materials include but are not limited to mine equipment, excavators, loaders, bulldozers, dump trucks, drilling machinery, beneficiation equipment, pumps, fans, cranes, hoists, supporting mining materials, installation and maintenance tools, laboratory and testing equipment, spare parts, beneficiation consumables, production materials, modular houses, and steel structure workshops.

To improve procurement efficiency, reduce procurement costs, and ensure procurement quality, Xinhai implements a two-level procurement model: centralized procurement by headquarters and sporadic procurement by project management departments. For the procurement of complete equipment, motors, and parts, Xinhai submits procurement applications after determining customer equipment models and brand requirements. After approval, procurement activities can be carried out. Xinhai has also established a strict procurement and supply quality management system, including guidelines for equipment and material procurement, management of turnover materials and low-value consumables, and warehousing regulations for equipment spare parts.