Naipu Mining Machinery (300818.SZ) recently stated during a reception for institutional investors that the company is currently a leader in the domestic industry segment, with domestic competitors generally offering single products or having smaller scales, while the company's product line is relatively abundant. At the same time, some of the company's technological and product quality levels have already reached the world's advanced level.
Currently, the main companies in the international industry are the UK's Weir Group and Finland's Metso Corporation, both of which have a history of more than a century, with high market penetration and occupying a large market share in the international market.
The company has been deeply cultivating the field of mineral processing equipment and spare parts for many years, with strong research and development, design, and production capabilities. The company focuses on the field of rubber wear-resistant spare parts, continuously increasing material research and development and process level to enhance product competitiveness. Currently, most mining companies in the world still use metal spare parts, but based on the advantages of rubber spare parts, we determine that there will be partial replacement in the future.