Latest Updates on the China–Czech “Belt and Road” Cooperation Project

　　Jinzhou Mining Machinery (Group) Co., Ltd. (hereinafter referred to as “Jinzhou Mining Group”) and the Czech company INCO Engineering & Technology Co., Ltd. (hereinafter referred to as “INCO”) have joined forces to deepen their cooperation, enhance the market competitiveness of their products, and expand their share in both the Chinese and international markets. They are jointly developing a project titled “High-Performance Vertical Transportation Technology for China’s Mining Industry.” In 2019, this project was included in the “List of Priority Projects for China–Czech Cooperation” by the Belt and Road Promotion Center of the National Development and Reform Commission. The end‑users of the project’s products are located in Russia, with geographical proximity to the Manzhouli Port. Product design is being jointly undertaken by Jinzhou Mining Group and INCO, while Jinzhou Mining Group is responsible for manufacturing; certain components must be imported, after which the complete units are shipped via the Manzhouli Port to the customer’s designated site. The equipment model is the 2JK‑5×2.4 double‑drum, single‑rope winding mine hoist. A total of three units are planned; to date, two have been delivered— the first in April 2020 and the second in May 2021—while preparations are underway for the third unit.