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From August 1st to 3rd, a group of 15 students from Jilin University visited Nanchang Mineral Systems Co., Ltd. (hereinafter to as "NMS") for a three-day summer camp. These students were recipients of the NMS Scholarship. The event was personally led by Zheng Fusheng, the Party Secretary of the School of Mechanical and Aerospace Engineering at Jilin University. The camp aimed to deepen cooperation and exchange between the university and the company, broaden the students' professional horizons, and enhance their understanding and planning for their future careers.
Amidst the green mountains and clear waters of Zhejiang, the Oujiang River meanders gracefully. Along the banks, the irregularly shaped, hard pebbles are among the raw materials for the 1 million t/a aggregate project in Lishui's Liandu District.
In the first half of 2024, Nanchang Mineral Systems Co., Ltd. (hereinafter to as "NMS") achieved a revenue of 419 million RMB, demonstrating a solid market foundation and sustained growth momentum. Over the past three years, NMS has achieved a compound annual growth rate of 5.58%, reflecting the company’s steady development and strong market adaptability. During this period, thanks to the company’s excellent cost control measures and enhanced profitability, the gross profit margin remained high at 33.83%, with a net profit of 51.6573 million RMB.
“Remanufacturing is the process of batch production for specialized repair of damaged or obsolete auto parts and engineering machinery. A remanufactured product can have the same performance and quality as the original new one. It is measured by relevant research institutions that it can reduce production cost by 50%, energy by 60%, material by 70%, and emission by 80% and has greater economic and resource & environmental benefit compared with a newly manufactured product. Remanufacturing was deemed as a complement of and the development of advanced manufacturing technologies and as a high-potential new industry in the new era.”
“Profession—excellence in technology, efficient and normative; Innovation—diligent in thinking，novelty-seeking and change-seeking…”Every morning employees of NMS read aloud corporate vision, mission, business philosophy and core values in morning reading and simultaneously strive to practice these concepts in their work.
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2024.09.04
