On January 23, the state-owned assets and state-owned enterprises special page of Guangxi Daily published the report "Guangxi Liugong Machinery Co., Ltd.: 'Three Comprehensive' Strategy Leads the Way, Scaling Heights and Striving for Excellence," focusing on how Liugong uses its "Three Comprehensive" strategy to drive transformation and upgrading and achieve high-quality development.

——The following is the full text of the report——

One who does not plan for the whole cannot plan for a single domain; one who does not plan for eternity cannot plan for a moment. Only by taking the strategic lead can one gain the initiative.

In recent years, in the face of various challenges such as the complex and volatile international environment and sustained pressure on the domestic construction machinery industry, Guangxi Liugong Machinery Co., Ltd. (hereinafter referred to as Liugong) has drawn up its corporate development blueprint with the strategy of "Comprehensive Solutions, Comprehensive Intelligentization, and Comprehensive Internationalization" (hereinafter referred to as the "Three Comprehensive" strategy), driving industrial optimization and upgrading and achieving high-quality development. In 2024, Liugong's performance reached a record high, with both operating revenue and net profit achieving growth, delivering an outstanding report card.

The "Three Comprehensive" strategy is not only Liugong's key to responding to today's complex and volatile environment, but also a powerful engine for traversing industry cycles, leading the future, and seizing the competitive high ground.

Comprehensive Solutions: "One-Stop Service" Meets Customer Needs

In the green smart logistics park demonstration zone of Sichuan Chuanwei Group, more than 30 pieces of engineering machinery and equipment, including Liugong loaders, excavators, wide-body trucks, and reach stackers, operate collaboratively and efficiently. Liugong's smart system presents real-time dynamic information on the operating equipment, enabling visualization of the production process and helping the park build a "smart interconnected" ecosystem.

At the Morowali Industrial Park in Indonesia, nearly a thousand pieces of Liugong equipment, including loaders, excavators, bulldozers, and forklifts, are carrying out operations such as nickel-iron feeding, hot slag handling, and material loading, unloading, and handling. A Liugong service team of more than 20 people guarantees equipment operation, vividly practicing Liugong's "Comprehensive Solutions" strategy.

At present, customer needs in the construction machinery industry have undergone profound changes and are no longer limited to the single purchase of equipment. From early-stage planning and design, to equipment matching and technical support during construction, to later-stage maintenance and equipment upgrades, every link is critical. Anchored in comprehensive solutions, Liugong customizes intelligent one-stop service plans oriented to user needs and application scenarios, covering the full product series, the full life cycle, and the entire value chain, and has created comprehensive solutions for 21 scenarios across 7 major industries.

To ensure the effective implementation of comprehensive solutions, Liugong has built an "iron triangle" team of customer managers, solution managers, and delivery managers to provide customers with efficient, high-quality service and support.

At the 2024 Liugong 11·26 Global Customer Festival, Liugong officially released Comprehensive Solutions 2.0, upgrading from providing customers with "product customization + combined solutions" to providing "combined solutions + smart solutions." "Comprehensive solutions are Liugong's exploration to find certainty amid the many uncertainties in the industry. Liugong will continue to advance the iteration of comprehensive solutions, closely grasp industry development trends, and help global customers create greater value," said Zeng Guang'an, Party Secretary, Chairman, and CEO of Liugong.

Comprehensive Intelligentization: "Technology Leadership" Drives Industrial Upgrading

As the wave of intelligentization sweeps across industries around the world, Liugong captures the pulse of the times with keen perception, embedding intelligent genes into the entire value chain of R&D, supply chain, production, marketing, and service, injecting vibrant technological strength into Liugong's high-quality development.

Centimeter-level precise positioning, 360-degree surround perception, real-time cloud platform monitoring... At a certain cement enterprise, Liugong's unmanned electric loader, like a "large smart sprite," is equipped with advanced sensors and automatic control systems, intelligently adjusting operating parameters according to the weight and shape of materials to achieve precise and efficient loading and unloading, perfectly demonstrating intelligent operating efficiency.

While Liugong's unmanned products achieve commercial breakthroughs, new technologies and products such as electrification and intelligentization are also flourishing. In 2024, Liugong's all-new T-series loaders made their global debut, the F-series excavators were fully switched over, and more than 130 new products successfully rolled off the production line, including the full series of electric boom lifts, power-shift tractors, 100-ton rigid electric dump trucks, and electric reach stackers. Intelligentization has become Liugong's key magic weapon for opening up a new blue ocean of product value.

On December 24, 2024, the Guangxi High-End Engineering Equipment Laboratory, led by Liugong and headed by multiple academicians, was approved for establishment. This means that Liugong now has the highest-level independent innovation research platform in Guangxi's high-end engineering equipment field, and its "strongest brain" scientific and technological strength has been further enhanced.

Supported by scientific and technological innovation, its confidence is solid; moving from "manufacturing" to "intelligent manufacturing," its pace is swift.

In terms of production and manufacturing, Liugong is striding forward toward the goal of high-end, intelligent, and green industrial clusters. The excavator smart factory achieved monthly output of over a thousand units, the new Zhongyuan hydraulic accessories factory was unveiled and put into production, and the new energy intelligent global innovation center was successfully topped out... As one of the autonomous region's major projects, Liugong's Intelligent International Industrial Park is gradually taking shape.

At the same time, with its subsidiaries Zhituo Company and Qishi Technology as key drivers, Liugong is accelerating the process of "intelligent transformation, digital transformation, and network connectivity," promoting quality, efficiency, and momentum changes. Liugong's digital manufacturing process platform, new welding automation production lines, and automated assembly systems have been successfully applied one after another, and IoT technologies such as visual recognition, heavy-duty logistics systems, and logistics simulation have successively served production, safeguarding Liugong's continued leadership in the market.

Comprehensive Internationalization: "Global Layout" Expands Corporate Growth Space

From "going out" to "going in" and then to "going up," Liugong has firmly implemented its "Comprehensive Internationalization" strategy for many years, with a network of more than 370 overseas dealers covering more than 180 countries and regions. In 2024, despite the overall downturn in overseas markets, Liugong's overseas performance reached a new high, with sales of excavators, loaders, mining machinery, road machinery, and other businesses all outperforming the industry.

New products and new applications have become the "vanguard" of Liugong's overseas expansion, with large machines, electric products, and small machinery achieving new growth. Landmark breakthroughs were made in cooperation with key global customers, with a thousand units of equipment delivered to the Ghanaian government. Multi-level channel development was promoted, with more than a thousand overseas outlets and further improved channel coverage. While actively expanding front-end markets, Liugong continues to build overseas production and service bases to improve response speed to local markets and customer needs. Liugong's overseas parts business has repeatedly set new performance records, continuously building a leading position in the aftermarket.

Today, Liugong is widely active in major engineering projects around the world. From the front lines of infrastructure along the "Belt and Road" to urban renewal sites in developed countries in Europe and America, Liugong has won international acclaim with high-quality products and services and is a mainstay of the global construction machinery field.

In addition, Liugong deeply participates in and promotes the integration of overseas industry and education. In overseas skilled personnel training, it adopts the cooperation model of "equipment and positions + institutional standards and teacher training + overseas institutional venues and teaching," and has successfully implemented international industry-education exchange and cooperation projects in Thailand, Indonesia, Ghana, and many other countries, injecting a steady stream of talent into Liugong's international business and contributing Liugong wisdom and Liugong solutions to the cause of international vocational education.

Liugong's "Comprehensive Solutions, Comprehensive Intelligentization, and Comprehensive Internationalization" strategy is like three carriages running abreast in close coordination, driving Liugong steadily toward becoming a world-class enterprise and building a "century-old brand." Zeng Guang'an said: "Looking to the future, Liugong will unswervingly use comprehensive solutions to meet customers' diverse needs, use comprehensive intelligentization to achieve innovative upgrades in products, technology, services, and operations, and use comprehensive internationalization to expand corporate growth space, realizing Liugong's vision through the 'Three Comprehensive integration.'"