October 20, 2011, the Shanghai Shibang enterprise development strategy meeting was held at the Group headquarters. As a company that has won the “High-tech Enterprise” certification, every year, the Group’s investment in R & D are more than 3% of total sales. In the meeting, the group’s chairman made it clear that it will further increase the Group’s core technology R & D investment, increase efforts to bring high-end R & D personnel and increase reward efforts to each R & D project teams.

2011 is a development year to high-end equipment manufacturing industry, the R & D platform has provided effective technical support for Shibang to achieve leapfrog development and structural adjustment. In recent years, Shibang have received fruitful achievements in the field of technology research and development. “Lift type Portable crushing and screening station”, “crushing wall clamping device of cone crusher,” “Counterattack frame adjustment fixed device of impact crusher,” and a series of independent R & D results are obtained national patent certification. A range of products led by VSI5X series centrifugal impact crusher have its characteristics of high efficiency, long life, low cost, and quickly became the star products in sand making industry.

2011, the Shanghai Shibang continue to vigorously promote customer review, customer experience group, etc., and has won more and more customers’ good graces by providing a high quality, customized products and services. According to statistics, at the end of September, Shanghai Shibang 2011 year total sales increased 58% over the same period.