--- title: "Shanxi TaiZhong Group's 2024 export of rail transit and mining products reaches a record high" type: "News" locale: "en" url: "https://longbridge.com/en/news/228617201.md" description: "Shanxi TaiZhong Group actively participates in the \"Belt and Road\" construction in 2024, utilizing overseas platforms to expand its market and achieve significant accomplishments. The company has made major breakthroughs in countries such as Uzbekistan and Indonesia, with exports of rail transit and mining products reaching historical highs, export orders increasing by 25.6% year-on-year, and direct export sales revenue growing by 25%. Key exports are directed to 18 \"Belt and Road\" countries, with export orders accounting for 68.39%" datetime: "2025-02-18T02:01:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228617201.md) - [en](https://longbridge.com/en/news/228617201.md) - [zh-HK](https://longbridge.com/zh-HK/news/228617201.md) generator: "portal-rs" --- # Shanxi TaiZhong Group's 2024 export of rail transit and mining products reaches a record high On February 18th, according to the Shanxi Provincial State-owned Assets Supervision and Administration Commission, in 2024, Shanxi Taiyuan Heavy Industry Group will actively participate in the construction of the "Belt and Road" initiative, leveraging the advantages of overseas companies and overseas offices to radiate globally from point to area, with overseas markets flourishing comprehensively. Significant breakthroughs have been made in multiple overseas markets such as Uzbekistan, Indonesia, Kazakhstan, and the Philippines, and the company is actively expanding into new markets including Turkmenistan, Belgium, Romania, and Austria. In addition, the company's exports of rail transit and mining products have reached a historical high, with Taiyuan Heavy Industry Group's export orders increasing by 25.6% year-on-year last year, and direct export sales revenue increasing by 25% year-on-year; key exports are focused on 18 countries participating in the "Belt and Road" initiative, including Indonesia and Uzbekistan, with export orders accounting for 68.39% ### Related Stocks - [600169.CN](https://longbridge.com/en/quote/600169.CN.md) ## Related News & Research - [Canadian Solar highlights $3.5 billion energy storage backlog in investor deck](https://longbridge.com/en/news/297991668.md) - [Mabwell reports Phase Ib/IIa data showing anti-ST2 antibody 9MW1911 cuts COPD exacerbations up to 81%](https://longbridge.com/en/news/298042457.md) - [Bluetti launches ‘e-generator’ to take on noisy, stinky, polluting gas generators](https://longbridge.com/en/news/298035577.md) - [Teqnion signs deal to buy Swedish hydraulic components maker TJ Hydraulic](https://longbridge.com/en/news/297928863.md) - [VGP outlines growth inflection point as landmark sites activate, capital recycling scales](https://longbridge.com/en/news/297928319.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**