1.Welding materials
In
Welding, substances called filler materials or consumables are used. As the
name implies, these substances provide filler or a body of molten materials
that provides a strong bond to be formed between the base metals used. Most
welding processes will also require some form of shielding to protect both the
main components and filler from being oxidized during the process.
The
type of welding materials used during welding depends on the nature of the job
intended. Electrodes draw the necessary energy in order to perform welding
applications. Luoyang Golden Egret Company has any kind of welding materials
include CTC Welding Rod /rope, SCTC welding rod/rope, TC electronic welding rod,
Ni-based welding rod, flux-cored Welding Wires, solid welding wires and etc.
Welding
can be applied in different kinds of industries such as building and
construction, oil and gas, marine, power generation, steel, mine tools,
automobile, transportation and etc.
2. Welding rod
1)Cast tungsten carbide based tubular
rod
The
hard phase of the rod is cast tungsten carbide which leads to higher hardness
and better wear-resistance.
Wear
resistance: the wear resistance is 6-7 times better than others. Tested by ASTM
G65
Mainly
used for Mining machinery, Geological tools, Petroleum drilling tools etc, by
Oxy-Acetylene with weak carburizing flame.
Product
recommendation:
GT1103
(CTC, 60-80 mesh),
GT1103-1(CTC, 20-30 um),
GT1103-2(CTC,
40-60 um)
2)The hard phase of tube rod is carbide
pellets which leads to higher impact resistance and better wear resistance than
CTC cloase rod.
Wear
resistance: the wear resistance is 6-7 times better than others. Tested by ASTM
G65 wear test.
Mainly
used for mining machinery. Geological tools etc; by Oxy-acetylene with weak
carburizing flame.
Product recommendation:
GT2102 (Cemented carbide grit, 30-60mesh)
GT2102-2(Cemented carbide grit, 30-40mesh)
GT2102-3(Cemented carbide grit, 40-60mesh)
3)Tube rod is composited by Cemented carbide
pellets, Spherical CTC and CTC. The layer has higher impact resistance, better
wear resistance and good fluidity than other rods.
Wear resistance: the wear resistance is 6-7
times better than others. Tested by ASTM G65.
Mainly used for oil method drill bits, such as
Tri-cone bit, Steel tooth bit, PDC bit, etc. By Oxy-Acetylene with weak
carburizing flame.
Product recommendation:
GT3302 (carbide pellets, 20-40mesh)
GT3302-1(carbide pellets, 14-40um)
4)The hard phase of the rod is monocrystal WC,
the welding layer has a higher wear resistance and better impact resistance.
The wear resistance is 6-7 times better than
others, tested by ASTM G65 method.
Mainly used for the repair and strength for oil
drills bits, such as PDC bit diameter holding by Oxy-Acetylene with weak
carburizing flame.
Product recommendation:
GT4104 (Monocrystal WC, 80-200mesh)
3. Welding Rope
Made
form mixture of CTC and self-fluxing nickel alloy covering on nickel wire. The
CTC is in spherical or irregular with good wear resistance; the nickel alloy is
in spherical or nearly spherical shape with good wettability and erosion
resistance and better corrosion resistance than tubular rod.
Recommend
to use Petroleum drilling tools, Concrete mixing blade, Mud pump, Coal sluice,
Coal drill pipe, Tunnel drilling machinery etc.
By
Oxy-Acetylene Welding with weak carburizing flame.
Product
recommendation:
GS110450N
(CTC, 4mm, HRC 47-55)
GS110550N
(CTC, 5mm, HRC 47-55)
GS110650N
(CTC, 6mm, HRC 47-55)
4. Welding Bar
The
rod is sintered by CTC and Ni-based powders. The CTC(Cast Tungsten Carbide) is
in irregular or spherical shape with better wear resistance and the nickel
alloy is in spherical or nearly spherical shape and has good wettability with cast
tungsten carbide. The cladding layer has a higher impact resistance and better
wear resistance.
Its
wear resistance and corrosion resistance is between tube rod and flexible rope.
Mainly
used on the Steel PDC bit, Concrete mixer blade, Mud pump, Miner chute, Miner
drill stem and Mechanical parts of Tunnel rock drill machine etc.
Welded
by Oxy-Acetylene with weak carburizing flame.
Product
recommendation:
GD4025253-3(CTC, SCTC, 4*600/6*600)
GD4030303-3(CTC,
SCTC, 4*600/6*600)
5. Welding wire
Intensified molybdenum titanium vanadium
composite chromium carbide welding wire can improve layer`s bonding strength
and tenacity. This wire can use for multilayer welding which has no peel off,
and it can maintain good wear resistance under certain impact working condition.
Product recommendation:GSQD671Mo-4(1.6mm)
Medium carbon and high chromium wear resistance welding wire has a higher
hardness, stronger wear resistance, and excellent toughness by adding a certain
amount of molybdenum alloys and boride. It has a better impact resistance and
strip resistance than high chromium cast iron type materials
Product recommendation: GSQD621Mo-4(1.6mm)
With
high sphericity & excellent alloy organization, cemented carbide pellet is
mainly used in welding, as an adding material of PTA Powder , tubular welding
rod, to improve the wear resistance of the workpieces greatly.
Product recommendation: GQ06
Cemented
carbide grit with different percent of cobalt has good abrasive resistance and
is widely used for making grinding, polishing and cutting tools.
Product
recommendation: GS08A
Weld Materials,Tubular Welding Rod,Welding Electrodes,Stainless Steel Welding Rod Luoyang Golden Egret Geotools Co., Ltd , https://www.xtccarbide.com
Dongfeng Motor Company recently signed a framework cooperation agreement with the Fujian Provincial Government. According to the agreement, Dongfeng Motor, which is owned by the provincial state-owned Fuzhou Automobile Group, will achieve an annual sales volume of 300,000 vehicles (including engines). Dongfeng will be re-transferred from the provincial SASAC and become the controlling shareholder of Fuqi Group.
Although Dongfeng’s goal is not directly targeted at A-share listed company Golden Dragon Motors, as the first and second largest shareholders of Golden Dragon Motors are Fuqi Group and Xiamen State-owned Haiyi Group, respectively, and the proportion of equity is not far behind, so it is around Jinlong. The control of the car, the future of Dongfeng Motor and Xiamen state-owned enterprises, may set off a fight for equity.
Dongfeng Fuqi restructuring
Jinlong announced the change of shares
According to the caliber of Dongfeng Automobile, “If it can proceed smoothly, the timeline for the holding of Fuqi Group will be in 2015. Fujian will become one of Dongfeng’s southern basesâ€.
Fuqi Group is a state-owned enterprise in Fujian Province. It has a number of vehicle companies, including Southeast Auto, Fujian Benz, Fujian New Longma and Xiamen Jinlong Automobile. Jinlong Motors is the only domestic A-share listed company in the group; Xiamen state-owned enterprises Wing Group is the second largest shareholder of Golden Dragon Motor after Fuzhou Automobile Group.
Although the target set by both Dongfeng Motor and the holding Fuzhou Automobile Group is Southeast Automotive, the condition is that “the annual sales volume of Southeast Automotive (including the engine) will reach 300,000 vehiclesâ€, just before the signing of the agreement between the two parties on May 14, Jinlong Automobile. Suddenly announced that the Xiamen Municipal Government has studied the assets reorganization of Xiamen State-owned Assets Management Co., Ltd. (hereinafter referred to as "Shuncheng Company"), a state-owned wholly-owned subsidiary of the Xiamen State-owned Assets Supervision and Administration Commission. Xiamen State-owned Assets Supervision and Administration Commission plans to entrust Shuncheng with the company's trust. The management of Xiamen Electronic Equipment Co., Ltd. was transferred to Haiyi Group at no cost. Xiamen Electronic Equipment Co., Ltd. is now the third largest shareholder of Jinlong Auto, holding 34 million shares and holding 7.68% of the shares.
Previously, Fuzhou Automobile Group was originally the largest shareholder of Golden Dragon Auto, holding 13.52% of the shares, and Xiamen Haiyi Group was the second largest shareholder with a shareholding ratio of 13.02%. After the transfer of shares, Haiyi Group will hold 9,621.57 million shares of Golden Dragon Motor, accounting for 20.70% of the company's shares, which exceeds 13.52% of the shares held by Fuqi Group and become the largest shareholder of Golden Dragon Motors.
In fact, after the proportions of the two major shareholders of Shanghai Wing Group and Fuqi Group to Jinlong Automobile were basically close to each other, Haifeng Group became the actual controller of Jinlong Automobile as a result of commissioned by Fuqi Group to act as the supervisory authority. However, due to the timing of the announcement of the transfer of shares announced by Jinlong Auto on the eve of the signing of the agreement between Dongfeng Motor and the Fujian Provincial Government, the paper announcement was generally interpreted by the industry as “not to have deep meaningâ€.
Golden Dragon plays a decisive role
Twist of actual control
For Xiamen, Haiyi Group is the only heavy industry in state-owned enterprises and plays a decisive role in Xiamen's state-owned assets and economic structure.
Haiyi Group has two listed companies, namely Jinlong Automobile and Xiagong Machinery. The actual control rights returned to Xiamen's Jinlong Auto after many setbacks. For Xiamen, it is undoubtedly more global.
Jinlong Auto has jurisdiction over large and small Jinlong and Suzhou Golden Dragon. Dajinlong was established in 1988 and is the listed entity of the original Xiamen Automobile (now renamed as Jinlong Automobile). The initial major shareholder of Daikin Dragon was Xiamen Auto, which accounted for 75% of the shares, and Hong Kong’s Faya Yangko accounted for 25%. At that time, Dongfeng Motor Company developed a relatively advanced domestic R-13 chassis (engine rear chassis), and Xiamen Automobile sold 25% of its equity to Dongfeng. At the same time, Xiamen Automobile invited Huaneng to enter the capital and then took another 25% of the shares. At this point, Da Jinlong's equity structure is evenly matched by four players.
Afterwards, due to disagreements, in 2000, Faya Yangxing transferred its 25% equity to Chong Hing International. Later, Chuang Hing transferred this share of equity to Xiamen Auto. Huaneng also transferred its equity to Anyuan in 2003.
In addition, the competition between Fujian Automobile Industry Group and Xiamen International Investment Group at that time on Xiamen's auto control is also stagnant. In 2001, Fuqi Group transferred 17% of Xiamen Auto's shares from Xiamen Finance Bureau and became Xiamen Automobile's largest shareholder.
In 2004, Xiamen Automobile's actual control rights finally had a clearer result. Xiamen Automobile has acquired an equity of 25% from Anyuan, and has actually controlled the competition between Jinlong Motors, Fuzhou Automobile and Xiamen International Investment Corporation with 50% of its shares, and ended the withdrawal of Fuqi. After a personnel reelection, Haiyi Group was the second largest shareholder of Golden Dragon Motors, but it was the actual controller of Golden Dragon Motors because it was entrusted by the largest shareholder of Fuqi Group to act as the supervisor.
This is only one aspect of Jinlong Motor's frequent changes in its equity over the years. According to industry insiders, the reason why Dongfeng exited from Xiamen Auto in the past was why Xiamen Auto’s absolute control rights were lost. A series of doubts that still make the market difficult to understand may only be given in a specific era background to have a complete explanation.
Complementary resources
Dongfeng Jinlong teamwork can win together
After the transfer of the shares of Golden Dragon Motors, Haiyi Group became the first shareholder with 20.70% of the shares, effectively confirming the actual control of Golden Dragon Motors from the capital relationship. However, the industry is concerned that the Haiyi Group did not get 51% absolute control of Jinlong Motors, and the proportion of equity between the largest shareholder and the second largest shareholder is not much different. After Dongfeng Holding Fuqi, it is possible to infiltrate into the blank passenger car manufacturing field. If Dongfeng Motor wants to control the right to speak in the passenger car field, it will inevitably further integrate Jinlong Automobile and it is possible to purchase shares through the secondary market. This will inevitably lead to the secretive operation of the stock. Between Dongfeng Motor and Haiyi Group, a bidding war for Jinlong Automobile was triggered.
Of course, through intervening in the restructuring of Fuqi, if Dongfeng Energy and Jinlong join hands and complement each other, it will be a powerful cooperation that can change the domestic passenger car industry pattern.
As early as in 2004, in order to make the Xiamen automobile industry bigger and stronger, the Xiamen government has the intention to integrate large and small Jinlong and Suzhou Jinlong. It is hoped that through the integration of three Golden Dragons, Xiamen will become an important large-scale automobile manufacturing base on the southeast coast.
As one of the largest passenger car chassis manufacturers in China, Dongfeng Motor is involved in the restructuring of Fuqi Automobile. Regardless of whether it will eventually hold Jinlong Automobiles, resource sharing among related companies will also bring benefits to Jinlong Motors. According to the agreement between Dongfeng Motor and the Fujian Provincial Government, after Dongfeng Motor has become a controlling shareholder, the integration of Jinlong Automobile and Fujian Mercedes-Benz will also commence.
In addition, once Dongfeng teamed up with Jinlong, the passenger vehicle chassis production capacity of the former integrated Jinlong Automobile's bus production capacity will undoubtedly bring the most formidable challenge to Yutong Motor, the current leader of the bus industry.
