Starting out in crawler crane leasing, Shanghai Chongxi Construction (Group) Co., Ltd. (hereinafter referred to as "Shanghai Chongxi Construction") entered China's construction machinery leasing and construction management industry as early as 2002. From owning just one crawler crane to now commanding 53 large pieces of equipment; from only doing lifting to expanding into both foundation and lifting fields in parallel.

Since the Chinese construction machinery industry started in the 1980s and 1990s, Chongxi Construction has experienced both the peaks and troughs of industry development. The company has always adhered to the development philosophy of "sticking to quality, improving quality," which has enabled Chongxi Construction to retain a group of loyal customers who always trust and cooperate with it at any stage of development; the business model of "leasing driving construction, construction supporting leasing" integrates complementary advantageous resources, enabling better mutual communication and complementarity in the course of Chongxi Construction's development, and more flexible resistance to market development risks.‍

Qian Shengguo, General Manager of Shanghai Chongxi Construction

Over a Decade of Joining Hands with Jintai to Conquer All Directions; Good Equipment Makes Good Projects‍

When talking about the company's development, General Manager Qian Shengguo said in an interview with reporters, "For engineering construction leasing enterprises, high-quality equipment and good maintenance are key to the company practicing its development philosophy and implementing its business strategy, maintaining customers and providing better services, and are an important part of enterprise development. The company established contact with Shanghai Jintai when it entered the foundation construction field in 2008. Starting from the first and smallest SG35A, all of Chongxi Construction's foundation construction equipment is from Jintai. At present, there are as many as 19 pieces of equipment, including trench cutters, trench milling machines and rotary drilling rigs. Along the way, facts have shown that we made no mistake in choosing Jintai back then."

Nanjing Underground Space Project

Mr. Qian said that Chongxi has undertaken numerous foundation construction projects, and Jintai equipment's rugged durability, stable reliability and high efficiency have all made Chongxi more adept in project construction. For example, the Nanjing Jiangbei Underground Space Project had tight schedules and heavy tasks, complex geological conditions combining a 76-meter-deep strongly weathered clay layer and moderately weathered mudstone, and a project quality requirement of 2‰ precision—it could be said to be fraught with difficulties. Two SG90 hydraulic diaphragm wall grabs and an SX40 double-wheel milling machine worked closely together, stably and efficiently helping Chongxi complete the project's construction tasks on schedule very smoothly. There were also the Laos power station project, Phase 1 of Fuzhou Rail Transit Line 4, Shantou underground parking garage construction, the Beijing East Sixth Ring Road reconstruction project... Over more than a decade, Jintai and Chongxi have traveled north and south together conquering all directions, including many "hard bones" like the Nanjing Jiangbei Underground Space Project.

Hangzhou High-Speed Railway Construction Project

He admitted frankly that Jintai equipment may not have been the best at first, but from the perspectives of cost-effectiveness, equipment quality and timeliness of maintenance, Jintai is the most suitable choice for Chongxi Construction. They value user feedback and improve product quality through continuous innovative R&D, which is also one of the important reasons why Chongxi Construction chose Jintai. "Jintai's growth and development is very healthy, and I believe our cooperation will be smoother and have more possibilities."

Shanghai World Expo Park

Strong Alliance to Create a New Model of Full Life-Cycle Development for Foundation Construction: Production, Research, Leasing and Application‍

In recent years, the market demand for China's foundation construction equipment has been about 30,000 units per year. As nationwide large-scale infrastructure demand gradually stabilizes and equipment ownership in the market continues to climb, competition in the foundation construction market will become increasingly fierce in the future.

In the foundation construction market, where competition is neck and neck, the competitive trend in the future will become increasingly fierce. For leasing and engineering construction units, construction reputation is increasingly important. Diversified enterprise development and the ability to provide users with comprehensive service solutions may become an important trend for the future development of industry enterprises, said Qian Shengguo.

Phase 1 of Fuzhou Rail Transit Line 4

He stated that Chongxi Construction and Jintai, as important strategic partners, will not only provide powerful equipment and strong equipment service guarantees; they will also form a strong alliance to continuously improve equipment reliability according to construction conditions, develop new construction methods and new equipment that meets market demand during engineering construction, and combine this with leasing business. Chongxi will work with Jintai to jointly create an overall foundation engineering construction solution integrating equipment manufacturing, construction method R&D, equipment maintenance services and leasing, and join hands to create more favorable competitive conditions for future development and provide users with a more complete service chain.

SG70 Beijing Tongzhou Project

A boat going upstream that does not advance will retreat. Chongxi Construction and Jintai, two enterprises with similar development philosophies, will support each other and achieve each other, build better versions of themselves, serve more users, and contribute their part to the soaring development of China's foundation construction industry.