Guangxi Liugong Machinery
China DailyLiugong's 13 newly developed products are exhibited at Las Vegas Construction Machinery Fair on March 7, 2017. As one of the largest construction machinery manufacturers in China, LiuGong has factories in India, Poland, and Brazil, as well as eight marketing branches and eight accessories supply centers, and more than 300 dealers in over 130 countries and regions. Listed among China's top 500 enterprises and Top 100 China Machinery Industry Companies, Liugong is in possession of more than 1,000 research and development personnel, and focuses on technological innovation. In the first three quarters of 2018, the company's total industrial output value reached 16.7 billion yuan, up 55 percent year-on-year. Its operation revenue hit 16.2 billion yuan, an increase of 49.1 percent, and its total profit was 1.16 billion yuan, a year-on-year growth of 289.6 percent, 406.9 percent of the annual budget goal.