Xi learned about the reform and innovation of enterprises, and the development of the manufacturing industry and distinctive local businesses. He said that only innovation can help the equipment manufacturing industry become stronger.
Xi visited LiuGong’s culture hall, R&D test center and excavator assembly factory. He also listened to LiuGong’s recent development and communicated with LiuGong’s staff.
From building its first wheel loader Z435 in 1966 to the brand new 856E MAX electric wheel loader, LiuGong has opened a new chapter in the independent research and development. During the past 62 years, LiuGong has been committed to technology innovation and followed the strategy of total globalization, total solutions and total intelligent.
So far, LiuGong has 13 categories of 32 product lines, among which the global sales volume of wheel loaders ranks first. With 5 global R&D bases, 13 overseas subsidiaries, 17 global regional parts centers and 20 manufacturing facilities, LiuGong has delivered its products to over 170 counties and the overseas sales revenue has kept increasing in the past six years, which accounts for more than 30% of its total revenue.