Ritchie Bros’ Chinese landmark

Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China. Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action. The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders. After many years of working with the Beijing Tianzhu Free Trade Zone Manage
May 29, 2013 Read time: 1 min
318 Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China.

Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action.

The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders.

After many years of working with the Beijing Tianzhu Free Trade Zone Management Committee, Beijing Customs, and Beijing Entry-Exit Inspection and Quarantine Bureau, Ritchie Bros has established a regulated channel for equipment exchange in China and export out of China through the Tianzhu Free Trade Zone.

Related Content

  • Shantui broadening operations
    November 26, 2012
    Chinese firm Shantui is best known for its well-proven bulldozer range, which it started manufacturing 30 years ago, although the company has since diversified its product line.The company is China’s leading producer of bulldozers and claims around 70% of the home market for these machines although it also exports a significant percentage of its production run. Shantui’s senior consultant for Global Marcoms, David Lightle said, “We’ve been exporting for 25 years.” Exports form an important part of the compa
    Read More
  • Volvo lines up its SDLG brand for greater global export sales
    June 8, 2015
    No sooner had senior managers told a roomful of journalists that corporate restructuring is on track, news followed that Volvo Group’s chief executive had been replaced Olof Persson fell from his perch following pressure from shareholders' dissatisfaction over the group’s weak financial performance in recent years. Volvo group plans to appoint Scania’s head Martin Lundstedt to the role staring in October. Until then, Volvo Group’s chief financial officer Jan Gurander will be standing in. Lundstedt and G
    Read More
  • Advanced, low emission, fuel efficient earthmoving
    February 23, 2012
    Manufacturers are rolling out sophisticated machines for the European, North American and Japanese markets - Mike Woof reports. This year has been a pivotal period for the development of advanced, low emission earthmoving machines. During 2011 an array of manufacturers have introduced new models designed to comply with the latest Stage IIIB/Tier 4 Interim emissions regulations introduced for
    Read More
  • Asphalt plant technology and effects on production costs
    November 14, 2017
    Asphalt plants are industrial units capable of producing asphalt on a full-scale basis An asphalt plant has several key functions and is designed to accurately dose the aggregates and asphalt to ensure the correct proportions, as established in the mix. The plant should dry and heat the aggregates completely, regardless of their nature and characteristics, in order to obtain perfect adhesiveness with the asphalt binder. The drying system’s combustion gases have to be filtered so that fine aggregates tran
    Read More

Highlighted Content