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Despite the fast development of mining machinery industry in China, the overall level of Chinese mining machinery industry is still behind foreign countries for more than 10 to 15 years. Meanwhile, a number of technologies were introduced in the 1990s, which leads to no innovation in technology and equipment.
In the process of promoting industrialization, it is a good opportunity for mining machinery industry to develop the service of mining machinery based on the infrastructure.
An enterprise can survive with manufacture and innovation based on the innovation of technology. Yantai Xinhai Mining Machinery Co., Ltd. Is founded with the effort of elites of various fields and mainly consists of personnel from scientific research department. Through years' development, it has become a company with the strongest comprehensive power and the biggest scale among the private mining machinery factories.