Guangxi Liugong Machinery Co Ltd - Company Profile

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Guangxi Liugong Machinery Co Ltd: Segment Analysis

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Business Description

Guangxi Liugong Machinery Co Ltd (LiuGong) is a company engaged in the manufacturing and distribution of construction machinery. It offers a wide range of products, including excavators, wheel loaders, dozers, motor graders, rollers, pavers, cold planers, skid steer loaders, backhoe loaders, cranes, aerial work platforms, mining trucks, drilling rigs, and others.

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R&D Overview

Liugong has established a global collaborative innovation platform supported by an advanced R&D system, with its headquarters in Liuzhou. The company has developed a multi-faceted R&D structure that includes global R&D centers, product research institutes, component research institutes, and overseas research centers. It has achieved significant breakthroughs in key technologies, particularly in electric control, battery management systems, and autonomous machinery operations. The company has also led the development of national and industry standards for electric construction machinery and has made notable advancements in pre-stressed concrete technology and nuclear power anchoring systems. The R&D units of Liugong include the global R&D centers, product research institutes, component research institutes, and overseas research centers. These units are responsible for managing the company's R&D activities, focusing on new technology and product development, and achieving high-quality and high-level innovation. The company has established multiple R&D centers, including the "National Engineering Technology Research Center for Earthmoving Machinery," "National Postdoctoral Research Workstation," and "National Industrial Design Center." It has also been recognized as a "National Torch Plan Key High-Tech Enterprise" and a "National Innovative Enterprise." The company has received numerous awards, including three National Science and Technology Progress Awards and one Luban Prize, in the past five years. In FY2024, the company spent CNY1,237 million on R&D, which as a percentage of 4.1% of revenue.

Business Segments

Overview

It operates and offers products such as loaders, excavators, graders, skid steer loaders, bulldozers, rotary drills, and grab buckets.

Performance

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Overview

It provides financial services for customers to purchase mechanical products from the company and other suppliers.

Performance

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Overview

It operates and offers products, including forklifts, road machinery, mining machinery, construction machinery, and agricultural machinery, among others.

Performance

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Overview

It operates and offers products, including OVM prestressed anchor system products, prestressed and special bridge construction equipment, engineering cables, seismic isolation products (engineering rubber bearings, dampers), and bridge expansion joints.

Performance

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Geographical Segments

Performance

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Performance

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