Founded in 1958, Liugong Group, a well-known brand in the domestic construction machinery industry, is known for its loader/excavator series of construction machinery, and is a representative listed company in the domestic excavator industry
Guangxi Liugong Machinery Co., Ltd. (listed company code: 000528 Liugong) is one of the core enterprises of Liugong Group, one of the top 500 manufacturing enterprises in China. As the first listed company in the domestic construction machinery industry and Guangxi, Liugong is known as "the vanguard of China's construction machinery industry". At present, the company's leading products are 1.5t-10t (rated load) wheel loaders, 0.11-1.2 cubic meters (bucket capacity specifications) crawler hydraulic excavators, 10-25 tons (working quality) road rollers, medium and large tonnage forklifts, road machinery products such as asphalt pavers, graders, milling machines and road mixers, as well as flexible and versatile small product series such as skid steer loaders and backhoe loaders.
The company is headquartered in Liuzhou, Guangxi, a famous historical and cultural city, and has more than 10,000 employees in the company's headquarters and its subsidiaries. In 2009, the company achieved the main Guangxi Liugong Machinery Co., Ltd. business income of 10.2 billion yuan, an increase of 11% over the previous year, all kinds of construction machinery sales of nearly 40,000 units, of which wheel loader product sales ranked second in the world year after year. When the 2010 semi-annual report was released, Liugong's annual business revenue target was 15 billion yuan, but with the large increase in sales in the third quarter, especially the help of new construction machinery in the fourth quarter, Liugong Group's annual main business income is expected to reach 17 billion yuan.
In recent years, the company has won praise from all walks of life for its excellent performance, perfect corporate governance and good market performance. In recent years, it has won the honors and titles of "China's Top 500 Enterprises", "World Top 50 Construction Machinery Enterprises", "National Quality and Efficiency Advanced Enterprises", and "Three Satisfactions" Enterprises (for five consecutive years) of national users.
