“International
Construction”, a leading global media outlet in the construction machinery
industry, has released the “Yellow Table 2026” rankings. SHANTUI and LOVOL
Heavy Industry ranked 29th and 42nd globally, respectively, further
demonstrating the comprehensive strength of Shandong Heavy Industry Group in
the global construction machinery industry.
In
2025, SHANTUI continued to advance high-quality development, achieving six
consecutive years of revenue growth with a compound annual growth rate of 15%.
Regarding core products, its market share for bulldozers has remained stable at
over 65%, while market shares for excavators, loaders, motor graders, and other
products have continued to rise. The simultaneous growth in revenue and market
share reflects SHANTUI’s continuous improvement in product quality, operational
capabilities, and profitability.
At
the same time, SHANTUI is accelerating its transformation into an AI-driven,
high-end smart manufacturing enterprise, becoming one of the first companies in
China’s construction machinery industry to comprehensively advance an AI
strategy. In 2025, the company’s overseas export revenue reached a new record
high, driving a continuous upgrade from “product exports” to “brand and value
exports.”
LOVOL
Heavy Industry leverages the industrial chain resources of SDHI and WECHAI
Group to integrate core technological resources—including engines, hydraulic
systems, transmission systems, and new energy “three-electric”
systems—continuously enhancing product competitiveness through collaborative
R&D. The company’s product portfolio spans multiple series, including
excavators, loaders, mining trucks, and backhoe loaders, while actively
expanding its new energy product lineup.
In
recent years, several of LOVOL Heavy Industry’s electrified products have
gained recognition in international markets, further demonstrating the
company’s achievements in its development toward high-end, intelligent, and
green solutions.
Currently,
SDHI is continuously leveraging its industrial synergy advantages, integrating
high-quality resources, and adhering to a strategy of technological innovation
and globalization. The Group is steadily enhancing its international
competitiveness, accelerating its advancement into the top tier of the global
construction machinery industry, and injecting new momentum into the high-quality
development of “Made in China.”
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2021-06-27
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