LiuGong News
On September 16th, the 20th CHINA-ASEAN EXPO (referred to as the “CAEXPO”), spanning over a period of four days, commenced in Nanning, Guangxi. LiuGong showcases the latest comprehensive intelligent and green solutions at booth S021 during the CAEXPO for the first time. The scale of products displayed is the largest in its history, including 11 machines in 9 categories.
LiuGong electric products comprise over 70% of the exhibits, including the 856HE MAX wheel loader, 922FE excavator, DW90AE wide-body mining truck, as well as skid steer loader, aerial work platform, forklift. Additionally, 1 sugarcane harvester and 1 tractor, the best sellers in ASEAN countries such as Thailand, Indonesia, and the Philippines, along with 1 crane are also showcased.
As one of LiuGong’s competitive products, the wheel loader including electric wheel loader maintains the top market share globally. In 2019, LiuGong launched the world’s first electric wheel loader. LiuGong electric wheel loaders have been sold in regions spanning Asia-Pacific, Europe, North America, Latin America, and others, earning unanimous praise from customers worldwide.
LiuGong constantly insists on green and sustainable development, accelerating innovation and application in new technology areas such as electrification, intelligence, big data, cloud computing, and the internet. It has successfully promoted electric products in both domestic and international markets, establishing itself as the sole company capable of providing a full range of electric equipment solution for the construction machinery and mining sector.
During CAEXPO, Lin Long, President of LiuGong Indonesia, shared the development of LiuGong’s international business at the China-Indonesia TVET Innovative Development Forum on Industry-Education Integration. LiuGong Vietnam will hold an establishment signing ceremony on Sept. 17th, and officially open on Oct. 4th. in Hanoi, Vietnam.
Over the past two decades of globalization, LiuGong has played a significant role in supporting the development and construction efforts of ASEAN countries and has actively participated in the “Belt and Road” initiative. LiuGong has demonstrated its expertise in major projects and engineering constructions, including the China-Laos Railway, Jakarta-Bandung High-Speed Railway, China-Thailand Railway, Malaysia East Coast Rail Link, and a steel plant in Malaysia, etc.
In the core markets within the ASEAN region, LiuGong has established professional local teams. Leveraging the most comprehensive local marketing and service network in the industry, LiuGong has set up a headquarter for the Asia-Pacific region, 3 subsidiaries, nearly 20 dealers, over 120 service branches, 3 training centers, and 5 service call centers within the RCEP region.
Through the CAEXPO platform, LiuGong will communicate extensively with potential partners from Southeast Asia on business aspects such as channels and financing. This will further enhance LiuGong’s overall capability in Southeast Asia. In the future, LiuGong plans to enhance its abilities of customer development and risk management to seize opportunities and create more cooperation in the RCEP region and the “Belt and Road” countries.