More than 30 media attention! Liugong's semi-annual report has made outstanding achievements and steadily promoted high-quality development.|Global-CE

More than 30 media attention! Liugong's semi-annual report has made outstanding achievements and steadily promoted high-quality development.

September 18, 2024

Since Liugong released the semi-annual report of 2024.，Xinhua Net、International Online、More than 30 media such as Phoenix Finance and Economics continued to focus on Liugong's performance in the first half of the year.，Engineer Liu is sure to insist“Sanquan”Strategy，Deep ploughing of electrification、Outstanding achievements and high-quality development achievements in the field of intellectualization。

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Liugong achieved outstanding results in its semi-annual report，Steadfastly promote high-quality development

Recently，Liugong disclosed the first half report of 2024.，The data shows，The company's performance in the past six months has been impressive.，Achieve double growth in revenue and net profit。The total revenue of Liugong in the first half of 2024 is 160.6 billion yuan，Year-on-year growth of 6.81%，Net profit attributable to parent company 9.8.4 billion yuan，Year-on-year growth of 60.20%。Among，Overseas income was 77 percent.1.2 billion，Year-on-year growth of 18.82%。It is mainly due to the company's positive layout in the domestic and foreign markets and its continuous investment in technological innovation.。Especially in the field of new energy.，Sales of electric loaders have increased significantly.，It shows Liugong's leading position in new energy technology.。

Comprehensive development of business, multi-point blossom of industrial sector

Facing the downward trend of the domestic industry cycle、Export growth has narrowed、The complex and changeable business environment such as the increasing uncertainty of the international political environment，Engineer Liu“Fourteen five”Guided by strategic planning，Around profitable growth、Business growth、Three themes of ability growth，With“Sanquan”Strategy is the core，Guided by the Excellent Performance Model，Continuously enhance brand value and shareholder value，Steady operation highlights enterprise resilience，Profitability continues to grow，Hand over excellence“Half a year's exam”Answer sheet。

The report shows，First half of 2024，Engineer Liu has achieved multi-blossom in the business sector.，The overall sales growth in the domestic market outperformed the industry.，Domestic market share of earthmoving machinery sector continues to increase，Sales growth is better than industry level 8.8 percentage points，The comprehensive market share reached a record high.；Excavator sales up 30% year on year%，Market share increased by nearly 3 percentage points；Loader ranks first in the industry，Sales of electric loaders increased by 159%，Market share ranks first in the industry。In this year's Liugong 5·28 Global Customer Festival，Liugong releases a new generationTSeries loader，Carry intelligent shoveling、OTARemote upgrade、Intelligent weighing and other technologies，To be“Loader with thought”，Leading the overall upgrade of intelligent applications in the industry，FSeries excavators are also upgraded.，Full range of applications with full electronic control technology，Product family tree expanded to 1.7～135tMore than 70 models in total，Covers crawler excavators、Wheeled excavator、Fuel power、Diversified power、Remote control、Unmanned and other types of aircraft。

Mining business grew by more than 70% year on year%，It shows the strong growth momentum of Liugong in this field.；Prestressing business develops steadily，Net profit increased by more than 50% year-on-year%，Liugong Owim Company participated in the construction of floating wind power platform with the largest single capacity in the world，Steel wire cables exported to South America for the first time，Participate in the construction of the first urban light rail in Central Asia，Show your skills in many key projects。

Denso Champion Continues to Lead the Electrical Intelligence of the Electrical Industry

Since this year，Continuous delivery of Liugong electric equipment，Good news kept coming：Holcim Group, a giant in the field of building materials, purchased 600 sets of Liugong electric equipment，Liugong's largest electric excavator 995FEEfficient operation in a mine in the south，Liugong Mining Machinery Wins 100 Million yuan Orders in the International Market，Liugong Electric Wide-body Vehicle Successfully Delivered to Yadong Cement，The first batch of Lanjun New Energy 324AhLiugong Electric Loader of Commercial Storage Battery System is used in Sulawesi Industrial Park, Indonesia，Help the park to transform and upgrade its equipment automation and electrification……

Disclosure of semi-annual report，Liugong electric loader sales increased by 159.%，Ranking first in the industry，Its market share is far ahead，Start fighting, Engineer Liu“Green”Signboard。Strengthening R & D and innovation、Marketing change、Measures to improve delivery and service quality，Liugong continuously consolidates the leading position of electric loader market share，Reinforce“Preferred brand in electric construction machinery industry”Marketing，Achieve brilliant results。From the port to the steel works，From mine to coal base，From the mixing plant to the construction site，Low-carbon green、Efficient and reliable Liugong electric loaders show their skills in engineering projects at home and abroad with their strong adaptability.，Contribute to the green transformation of all industries。Other than that，Engineer Liu also participated in the preparation of 7 projects.，Leading the compilation of three national standards for earthmoving electric construction machinery，Powering the electrification of construction machinery industry to standardization、Orderly development。

Adhere to long-term and high-quality development of overseas business

“The first half of this year，We achieved counter-trend growth in performance，It is inseparable from the in-depth implementation of the internationalization strategy.。”In the near future，Party Secretary of Guangxi Liugong Machinery Co., Ltd.、Chairman、CEO Zeng Guangan is accepting《China Securities Journal》Said in an exclusive interview。First half of 2024，Liugong's overseas income is 77.1.2 billion，Year-on-year growth of 18.82%。Accounting for 48% of the company's total revenue.02%，Significant contribution to the overall performance growth of the company，Overseas market sales growth is better than industry level 21.8 percentage points。

Delivery of the largest single order since the establishment of Liugong，To join hands with Castle Peak Group、Holcim Group and other industry leaders，Gathering potential for industry transformation and upgrading，And then to intelligence、Electrified Liugong Equipment Appears Frequently in Japan、France and other high-end market exhibitions，Liugong continuously receives orders for new energy equipment……Since 2024，Liugong International Team on the basis of business in 2023，Make persistent efforts，Promote international business to continue to maintain high-quality growth。The financial report shows，Liugong crane、High altitude machinery、Overseas market revenue of small machinery sector increased by more than 100% year on year%。Revenue from the international business of the post-market segment increased by 30% year-on-year%。

Continue to deepen reform，Bravely shoulder the responsibility of a great power

Motivation for Innovation，Vitality to reform，Liugong Stimulates New Vitality of Enterprise Production and Operation with Reform Results。Since this year，Liugong continues to implement mixed reform、Changes such as renewal of business structure，While continuously releasing the vitality of enterprise development，Return to shareholders and related parties with excellent performance。According to the semi-annual report，Liugong realized net profit attributable to shareholders of the listed company of 9.8.4 billion yuan，Year-on-year growth of 60.20%。Realized net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses9.0.3 billion yuan，Year-on-year growth of 73.01%。Basic earnings per share 0..5041 yuan。

In addition，Through the continuous implementation of mixed ownership reform，Engineer Liu is in corporate governance.、Scientific and technological innovation、Market-oriented reform、The incentive mechanism has also achieved remarkable results.。

In terms of social responsibility，Liugong joins hands with China Anneng Group to help Meizhou, Guangdong、Longyan, Fujian、Kangding, Sichuan、Rescue and post-disaster reconstruction in Zixing, Hunan and other places，And participated in the rescue activities of the Guangxi Fire Rescue Corps in Guangxi.，And“Emergency mission·2024”Joint rescue exercises for super typhoon prevention and catastrophic floods, etc.，Continuously enrich the experience of emergency rescue，Effectively help build a strong line of defense for disaster prevention, mitigation and relief。Liugong also delivered nearly 100 sets of construction machinery and equipment to the Guangxi Emergency Management Department.，For emergency rescue of natural disaster，Interpreting the Mission and Responsibility of Great Powers with Practical Actions。

The first half of this year，Engineer Liu has made brilliant achievements.，It shows its leading position and strong market competitiveness in the construction machinery industry.。Future，Engineer Liu faced the challenges calmly with the spirit of wisdom, innovation and long-term doctrine.，Grasp opportunities and seek development，To provide better products and services for global customers，Steadily build a world-class enterprise。

Liuzhou Daily