The Spring Festival in China has just ended. Our company KINGLINK has negotiated a cooperation agreement with Philippine customer about one 200TPH sand making line. Since the beginning of 2022, Philippine customer had been negotiating with our company to jointly set up a stone crushing and sand making line with an output of 200 tons per hour to meet the huge demand of local construction sand. Due to the COVID-19 situation, we only could communicate online, but many details need to be confirmed face to face. Just after the Spring Festival this year, China has opened the restrictions for travelling abroad. Our General Manager went to the Philippines in time, had a very effective face-to-face communication with our customer. The customer highly recognized our machines and production line design. Right after the meeting, both parties signed a cooperative investment agreement.
The project is planned to start in March. Our company planed to use two cone crushers, plus two VSI sand-making machines, and some more machines including: feeders, screens, conveyor belts, etc. Our Philippine customer also started site preparation.
This project will be a new milestone in the operation of our company's overseas projects. Our business scope will gradually expand from machines manufacturing and sales to investment and operation of overseas mining projects.