On December 25, the ceremony marking the 10th anniversary of LiuGong's bulldozer business settling in Changzhou and the batch rollout of high-horsepower mining bulldozers was held at LiuGong's Changzhou Eastern R&D and Manufacturing Base. Leaders from the China Construction Machinery Association, members of LiuGong's Board of Directors and Supervisory Board, senior executives, representatives of dealers, suppliers and customers, and employee representatives attended the event.

2024 marks the 15th anniversary of the founding of LiuGong's Eastern R&D and Manufacturing Base, the 10th anniversary of the relocation of LiuGong's bulldozer business from Tianjin to Changzhou, and the 65th anniversary of the birth of the first bulldozer in LiuGong's history. LiuGong's bulldozer business began in 1960 and has gone through three important entrepreneurial stages, each bringing entirely new growth and transformation.

At the ceremony, Luo Guobing, Senior Vice President of Guangxi LiuGong Machinery Co., Ltd., said that since the relocation of LiuGong's bulldozer business to Changzhou, sales revenue has achieved a compound annual growth rate of approximately 30% for nine consecutive years. In 2024, LiuGong's global bulldozer sales grew by approximately 20% year on year, global sales revenue increased by approximately 45%, and profit grew by approximately 64% year on year. LiuGong bulldozers have become a backbone force in China's bulldozer industry and indeed the global bulldozer industry.

In recent years, LiuGong bulldozers have consistently pursued sustainable, high-quality development both domestically and internationally, providing global mining customers with outstanding comprehensive solutions. With the launch of LiuGong's all-new D-series bulldozers, especially the all-new 600-horsepower mining bulldozer, LiuGong bulldozers will be well positioned to achieve even stronger results in the global market.