In the "2025 Global Unicorn List" released by the Hurun Research Institute on June 26, LGMG (Lingong Heavy Machinery) ranked 898th with a valuation of 10.5 billion yuan, becoming the benchmark in the industrial equipment sector among the 10 Shandong companies selected. This achievement not only confirms the capital market's recognition of the company's high growth potential, but also reveals its strategic foresight in the intelligent transformation of construction machinery.

In the electrification track of aerial work machinery, LGMG has broken into the market with its hard technical strength. For example, its new T26JE-2 straight-boom aerial work platform unveiled at bauma 2025 is equipped with a large-capacity lithium battery pack and a permanent magnet synchronous motor, achieving improved energy efficiency while delivering zero emissions, and has been well received by users. For many years, LGMG has adhered to the principle that "R&D must be oriented toward the market, and R&D must be integrated with customer needs," using its "1288" strategic blueprint as a banner to deploy electrified and intelligent products, build a new industry ecosystem, and provide customers with safer, more efficient, and more reliable products featuring LGMG's distinctive characteristics.

While many companies are still competing in their home markets, LGMG has accelerated its lead in overseas expansion. LGMG has established subsidiaries in the Netherlands in Europe; the United States and Canada in North America; Japan, South Korea, Australia, and Indonesia in the Asia-Pacific region; and has set up a manufacturing base in Mexico to serve key overseas markets. From precise positioning to deep local cultivation and then to innovation leadership, LGMG's overseas strategy provides a model for Chinese companies going global.

Unlike traditional construction machinery enterprises, LGMG is accelerating its transformation into a "builder of smart mining ecosystems." Following the path of "technology leadership + responsibility," it joins hands with industry chain partners to build an R&D ecosystem, launches smart mining solutions, and leads the industry from "internal friction" toward "incremental growth." This ecological extension from hardware to software is precisely the "unicorn-level growth potential" that the Hurun list values—not only providing equipment, but also reconstructing the industry's operating paradigm.

This listing is not merely the numerical presentation of a 10.5 billion yuan valuation, but also a certification of LGMG's core philosophy of "reliably bearing heavy trust." In the global wave of intelligent construction machinery, LGMG will continue to rely on its multi-dimensional, three-dimensional competitiveness to strive to write an even more brilliant new chapter for Chinese brands, and to continue contributing wisdom and strength to the success of global customers and the green, intelligent, and sustainable development of the global industry!