The United States suddenly announced that it would spend huge sums of money to replace Chinese cranes in all ports. Relevant Chinese companies responded-United Petroleum Equipment Co., Ltd

The United States suddenly announced that it would spend huge sums of money to replace Chinese cranes in all ports. Relevant Chinese companies responded

time 2024-02-26 12:30:19 source：

According to media reports, U.S. President Biden signed an executive order on February 21, proposing to invest more than 20 billion US dollars in port security construction in the next five years, including the production of new port cranes in the United States to replace Chinese cranes at ports across the United States. Produce cranes to eliminate people's "worries". This will be the first time in 30 years that the United States will produce cranes domestically.

At the same time, the U.S. Coast Guard also issued a security directive requiring foreign-made cranes currently deployed in U.S. strategic seaports to meet certain digital security requirements.

“Chinese Crane Ban ”?

The U.S. Consumer News and Business Channel (CNBC) stated that ports are the main entrance to U.S. trade, with 31 million jobs and more than $5.4 trillion in revenue for the U.S. economy.

Quayside cranes made in China hold the largest market share in the world. It is reported that about 80% of the cranes currently used in US ports are made in China and use Chinese software systems.

Newberg, the deputy assistant to the US President for National Security Affairs, announced at a briefing on the evening of the 20th that these cranes can be controlled remotely. There are more than 200 Chinese-made cranes in ports and regulated facilities across the United States, and the Coast Guard has inspected 92 of them so far. , to search for "malicious network activity."

U.S. government officials say more than $20 billion will be invested in port security over the next five years, including the production of cargo cranes. The funds come from the $1 trillion infrastructure bill passed in 2021 and will be used to support Japan's Mitsui GroupA subsidiary in the United States produces cranes, replacing Chinese products.

CNBC stated that in the long term, senior Biden administration officials said they hope to localize the port crane manufacturing industry through investment.

ZPMC: Preliminary judgment that the impact will be limited

In response to this news, some media called Zhenhua Heavy Industry 's investor hotline as an investor. The company's staff said that the company is also paying close attention to the development of the situation, and the US subsidiary is currently still learning whether it is true. However, even if the matter is confirmed and implemented, according to the 2023 annual report, the company's U.S. business accounts for less than 10% of the total business, and the company's global business is also advancing steadily, and the preliminary judgment is that the impact on the company will be relatively limited.

According to media reports, Zhenhua Heavy IndustryyesThe world's largest manufacturer of port machinery and heavy equipment , with more than 20 world-leading major core technologies, port machinery is exported to more than 300 ports around the world, accounting for more than 80% of the international market, ranking first in the world for 18 consecutive years .