Strategic Cooperation Setting up between Siemens and NGC (China Transmission)-jointly supply high quality marine propulsion equipment

On 20th August, 2012, Siemens AG and Nanjing High Accurate Marine Equipment Co., Ltd (鈥�NGC Marine鈥� for short) signed the Agreement in Nanjing for setting up strategic partnership. The two companies will jointly supply high quality marine reduction gears to the market and will carry out further technical cooperation in this field. This cooperation will prompt Siemens leading technology to a wider extent in China鈥檚 marine transmission market and will strengthen NGC Marine鈥檚 R&D capacity, manufacturing technology and engineering techniques on marine gearbox. Mr. Theo Maas, CEO of Mechanical Drives of Drive Technology Division in Industry Sector of Siemens AG, said: 鈥淭he cooperation between Siemens and NGC is cooperation between two strong partners, combing the advantages of Siemens in Europe and America and advantages of NGC in Asia will definitely open a door for both partners to mutual benefits.鈥�

Siemens AG and Nanjing High Accurate Marine Equipment Co., Ltd are signing strategic cooperation agreement (Left: Mr. Chen Yongdao, General Manager of Nanjing High Accurate Marine Equipment Co., Ltd; Right: Mr. Theo Maas, CEO of Mechanical Drives, Drive Technologies Division, Industry Sector, Siemens AG)

Mr. Hu Yueming, Chairman of NGC, said: 鈥淚n the cooperation with Siemens, NGC will follow its consistent enterprise spirit-Clime up the summit step by step, Strive for perfection bit by bit. NGC will take product quality as priority and will put endless effort for achieving win-win results.鈥�

Group photo of Siemens and NGC team (Eighth from left: Mr. Hu Yueming, Chairman and General Manager of NGC; Fifth from right: Mr. He Yuankai, General Manager of Mechanical Drives, Drive Technologies Division, Industry Sector, Siemens Ltd., China)

Siemens Mechanical Drives belongs to Siemens Drive Technology Division, Industry Sector. It supplies mechanical drive equipment for the use in industry production, covering standard gear units, industry-specific application gear units, equipment for wind power and couplings, etc. The products are widely applied in the fields of light manufacturing, building materials, mining, power transmission, metallurgical engineering, port handling, marine, chemical and environment protection. Siemens marine gearboxes are mainly used in propulsion systems with controllable pitch propeller, and some of its specific products used in certain marine applications also cover quite a lot market share, such as dredger gearbox, etc.

Nanjing High Accurate Marine Equipment Co. Ltd (NGC Marine), a wholly owned subsidiary of China High Speed Transmission Equipment Group Co., Ltd (NGC), is committed to providing clients worldwide with the best solutions and a variety of products on ship power transmission and propulsion systems. Mr. Chen Yong Dao, General Manager of NGC Marine, said: 鈥淭he strategic partnership will help NGC Marine to upgrade its technology and manufacturing of marine gearbox. It will promote NGC marine to a higher level in the fields of brand, technology, quality, management and services, which will also be foundations for its marine products to become world recognized and NGC Marine to be developed as world first class marine propulsion system maker. 鈥�

Mr. Theo Maas, accompanied by Mr. Chen Yongdao, is looking at NGC Marine鈥檚 product introduction

As the only enterprise in China which is able to independently design, make and supply marine transmissions and propulsion systems except prime movers, NGC Marine has invested a lot in enhancing the capabilities of R&D and manufacturing in recent years. With its products having substituted imported products significantly, and its market share growing every year, NGC Marine is becoming well recognized by high-end customers in China. Its series products, independently designed, manufactured and market approved, including controllable pitch propeller, fixed pitch propeller, azimuth thruster, tunnel thruster, marine main/auxiliary gearboxes, etc. are widely used in varies ship types. NGC Marine has also equipped with world first level high precision machining and measuring tools, which could further guarantee its product quality. The strategic cooperation between two companies is aiming to combine advantages of each side and jointly provide the market with high quality marine gearbox or the complete propulsion system except prime mover for satisfying different requirements of customers and finally fulfilling the vision of providing better service to the marine market.

Siemens team visit assembly site in NGC Marine