Guangxi construction machinery enterprise Liugong overseas business rises against the trend
Created Date: 14th Nov 2024
From November 6th to 7th, the "Green, Smart, and Extended Human Power" LiuGong 11.26 Global Customer Festival will open. Thousands of customers from India, South Africa, Chile, China and other places experienced the extremely "smart" charm of Guangxi Liugong Machinery Co., Ltd.'s (referred to as Liugong) electrification products.
As the earliest Chinese construction machinery enterprise in the industry to start research on electrification and launch autonomous driving, LiuGong has been making efforts in the layout of electrified and intelligent products in recent years. At the Customer Festival, Liugong showcased large-scale complete sets of mining equipment, new electric products, unmanned road solutions, and more to global customers.
Mario, a representative of a Chilean distributor who has been working with LiuGong for many years, said that LiuGong has undergone tremendous changes now. He saw that different machines are suitable for different application scenarios and achieve unmanned operations. He said, "The most important thing when choosing to cooperate with Chinese construction machinery enterprises is to have a positive outlook on product technology innovation
In recent years, facing the rapid development of electrification and intelligence in construction machinery and the huge market space, LiuGong has continued to launch new electric intelligence products. At present, LiuGong Electric Intelligence products have sold more than 6500 units worldwide and are exported to 35 countries overseas.
With continuous technological innovation, Liugong's path to going global is becoming wider and wider. Liugong currently has over 500 distributors, 20 manufacturing bases, 12 global R&D bases, and more than 30 overseas subsidiaries and institutions in more than 170 countries worldwide.
Li Dongchun, Senior Director of the International Business Department of Guangxi Liugong Machinery Co., Ltd., stated that Liugong has entered the stage of "comprehensive internationalization" after more than 20 years of global development. Liugong improves production efficiency and reduces operating costs for global customers through internationalization of research and development, procurement, and comprehensive solution internationalization.
In the first half of this year, LiuGong's overseas performance continued to improve, with operating income accounting for nearly 50% of the company's overall revenue. Overseas business has become the core driving force for LiuGong's performance growth in recent years, helping LiuGong smoothly navigate through the industry's downturn cycle. Zeng Guang'an, Chairman of Guangxi Liugong Machinery Co., Ltd., stated that Liugong has risen against the trend and is expected to reach a new historical high in total revenue in 2024.
Currently, new trends in industries such as smart construction, low-carbon green, and electrification are leading the digital transformation and green sustainable development of China's construction machinery industry. The Information Technology Development Department of the Ministry of Industry and Information Technology of China recently held a symposium on the digital transformation of the construction machinery industry, stating that it will accelerate the high-end, intelligent, and green development of the construction machinery industry.
Looking ahead to the future, Zhu Binqiang, Vice President of Guangxi Liugong Machinery Co., Ltd., stated that in terms of electrification, Liugong will build an electric parts factory and accelerate the development of new electrification technologies; In terms of intelligence, we will invest in the development of autonomous driving products and ICT technology; In terms of digitalization, Liugong will build a smart mining operation system.
As the earliest Chinese construction machinery enterprise in the industry to start research on electrification and launch autonomous driving, LiuGong has been making efforts in the layout of electrified and intelligent products in recent years. At the Customer Festival, Liugong showcased large-scale complete sets of mining equipment, new electric products, unmanned road solutions, and more to global customers.
Mario, a representative of a Chilean distributor who has been working with LiuGong for many years, said that LiuGong has undergone tremendous changes now. He saw that different machines are suitable for different application scenarios and achieve unmanned operations. He said, "The most important thing when choosing to cooperate with Chinese construction machinery enterprises is to have a positive outlook on product technology innovation
In recent years, facing the rapid development of electrification and intelligence in construction machinery and the huge market space, LiuGong has continued to launch new electric intelligence products. At present, LiuGong Electric Intelligence products have sold more than 6500 units worldwide and are exported to 35 countries overseas.
With continuous technological innovation, Liugong's path to going global is becoming wider and wider. Liugong currently has over 500 distributors, 20 manufacturing bases, 12 global R&D bases, and more than 30 overseas subsidiaries and institutions in more than 170 countries worldwide.
Li Dongchun, Senior Director of the International Business Department of Guangxi Liugong Machinery Co., Ltd., stated that Liugong has entered the stage of "comprehensive internationalization" after more than 20 years of global development. Liugong improves production efficiency and reduces operating costs for global customers through internationalization of research and development, procurement, and comprehensive solution internationalization.
In the first half of this year, LiuGong's overseas performance continued to improve, with operating income accounting for nearly 50% of the company's overall revenue. Overseas business has become the core driving force for LiuGong's performance growth in recent years, helping LiuGong smoothly navigate through the industry's downturn cycle. Zeng Guang'an, Chairman of Guangxi Liugong Machinery Co., Ltd., stated that Liugong has risen against the trend and is expected to reach a new historical high in total revenue in 2024.
Currently, new trends in industries such as smart construction, low-carbon green, and electrification are leading the digital transformation and green sustainable development of China's construction machinery industry. The Information Technology Development Department of the Ministry of Industry and Information Technology of China recently held a symposium on the digital transformation of the construction machinery industry, stating that it will accelerate the high-end, intelligent, and green development of the construction machinery industry.
Looking ahead to the future, Zhu Binqiang, Vice President of Guangxi Liugong Machinery Co., Ltd., stated that in terms of electrification, Liugong will build an electric parts factory and accelerate the development of new electrification technologies; In terms of intelligence, we will invest in the development of autonomous driving products and ICT technology; In terms of digitalization, Liugong will build a smart mining operation system.