Lexing Agricultural Equipment (Qingdao) Co., Ltd., a subsidiary of LS Group, is a wholly-owned company focusing on the development and manufacture of tractors/combine harvesters and other agricultural machinery and related accessories

Lexing Agricultural Equipment (Qingdao) Co., Ltd. is a wholly-owned company specializing in the production of agricultural machinery under LS Group, which originated from LG Group in South Korea. Lexing Agricultural Equipment (Qingdao) Co., Ltd. was established in Qingdao in December 2007, located in Qingdao City, Chengyang District, Xiazhuang Yuhuangling Industrial Park, by the South Korean LS Group under the investment of LS Mtron, LS Group's business scope includes the development and manufacture of tractors, combine harvesters and other agricultural machinery and complete sets of equipment, new technology and equipment of agricultural machinery, tractor spare parts and other related spare parts, after-sales service. Lexing Agricultural Equipment (Qingdao) Co., Ltd. specializes in the production of agricultural machinery, related accessories and after-sales service. The company has a registered capital of 25 million US dollars and a total investment scale of 48 million US dollars (about 336 million yuan), and the project is planned to be constructed in two phases, which will be completed in 2010 (phase I) and 2013 (phase II) respectively. The first phase of the investment amount of about 180 million yuan, in October 2009 laid the foundation, lasted 12 months of construction was completed, the factory covers an area of 83,000 square meters, construction area of 47,000 m2, 36.8 ~ 73.5kW (50 ~ 100hp) large and medium-sized tractor annual production capacity of 20,000 units. The modern production workshop has agricultural technology training bases, exhibition halls, assembly lines, testing lines and laboratories and other supporting facilities, with the world's advanced level of testing, testing and processing equipment, so that the product quality and Korean products to the same standard, some according to China's actual use of upgrading and improvement indicators are even better than foreign products, and Lexing tractor has officially entered the "2009-2011 national support to promote agricultural machinery product catalog".