Global layout under the “One Belt, One Road” strategy
Shandong Dadi took advantage of the “One Belt, One Road” initiative to expand its international market, achieve technology export and supply chain integration, and achieve a significant increase in international trade revenue
Business highlights:
Market expansion: Expand the Russian and Central Asian markets through the “Qilu” Eurasian train, and increase the export of electromechanical products to BRICS countries by 42.7% year-on-year in 2024.
Technology export: Participated in the construction of a 400 kV substation in Poland and promoted domestically produced gas-insulated switchgear to enter the EU market for the first time.
Supply chain integration: Establish cooperative relationships with more than 380 suppliers to realize localized R&D and application of equipment.
Project examples:
Construction of 400 kV substation in Poland: Participated in the construction of 400 kV substation in Poland and promoted domestically produced gas-insulated switchgear to enter the EU market for the first time.
Russian Energy Project: Provide power equipment and construction machinery leasing services to Russia to support its energy infrastructure construction.
Central Asian market expansion: Expand the Central Asian market through the “Qilu” Eurasian train, and the export of mechanical and electrical products to Central Asia will increase by 35% year-on-year in 2024.
Industry Impact:
The company’s international trade business covers areas such as power equipment, construction machinery, and chemical products, with annual exports exceeding 1 billion yuan.
In 2024, the company’s international trade business revenue increased by 40% year-on-year, becoming an important support for the company’s international development.
