New Blood Injected to Xiang Army of Machinery

Occupying an area of nearly 300 mu (200,010 square meters), the ground breaking ceremony of Hunan Hengtian Jove Machinery Co.,Ltd., once known as Hunan Changtian Jove Machinery Co.,Ltd, was held at Changsha Economic & Technological Development Zone on Dec.21. Invested by the central SOEs, Hunan Changtian Jove Machinery Co.,Ltd has now changed its name.

Young as Changtian Jove is, the 3-year old corporation has successfully developed dozens of products covering excavating machines, piling machinery, agricultural machinery and packing machinery with an annual growth rate of over 100%. Subsequent to Hunan's three machinery giants Zoomlion, Sany and Sunward, it became a new burgeoning member in this field realizing a total output value of 600 million yuan this year.

Due to its rapid development momentum and great potential, Changtian Jove has earned itself strategic cooperative contracts with China Hengtian Group Co., Ltd. affiliated to the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), and finally ranked among one of the key enterprises of its type in Hunan.

Source: <http://www.enghunan.gov.cn/>