Kuangyi Listed in New Three Board

Lately, Pingdingshan Kuangyi Rubber Hose Products Co., Ltd. was approved to be listed for transfer in New Three Board.

This company mainly provides various wire-winding hydraulic rubber hoses, wire-braiding hydraulic rubber hoses, mine injection hole packers, rubber sheaths, abrasive blasting rubber hoses, etc. for industries such as coal mine machinery, engineering machinery, construction machinery, petrochemical engineering, etc. The operating incomes in 2014 and 2013 were respectively 90.38 Million Yuan and 91.59 Million Yuan.

The short-term planning of this company is to introduce advanced foreign technological equipment for wire- braiding rubber hoses and wire-winding rubber hoses so as to increase the technical grade of the products, improve the competitiveness in domestic market and lay quality foundation for product export. The long-term planning is to develop dredging rubber hoses and floating oil delivery rubber hoses. In “One belt and one road” development planning, harbor, riverway, wharf and offshore engineering have increasing demand for dredging rubber hoses. As the development climax of national offshore petroleum resources comes, domestic floating oil delivery rubber hoses market greets development opportunity.