Media Meet-and-Greet

At the meeting, Zheng Jin extended a warm welcome and heartfelt thanks to the media friends present. In his speech, he said: "In the first half of the year, LiuGong maintained a good development momentum, achieving operating revenue of 18.181 billion yuan, a year-on-year increase of 13.21%. The new board of directors and management team will build on past achievements and carry forward the cause, leading all LiuGong employees to continue upholding the core values of 'customer first, innovation-driven future, struggle-oriented, and cooperation creates value,' and, according to the top-level development framework built on the 'Three Alls' strategy, flexibly respond to market demands and unswervingly advance industrial upgrading and global cooperation."

This year marks LiuGong's 22nd year of internationalization. In the first half of the year, LiuGong's overseas revenue reached 8.523 billion yuan, with the overseas revenue share rising to 46.88%, and overseas net profit hitting a new high. At present, overseas business has become a key "ballast" for performance growth, providing solid support for LiuGong's sustained and healthy development.

"In the next five years, LiuGong will accelerate the pace of transformation from internationalization to globalization, form a global industrial layout, improve the global layout of R&D, supply chain, production, sales, service, and capital, build up experience and capabilities in global operations, and strive to become a high-value international brand recognized by local markets," said Luo Guobing. In the face of the new industry landscape and market challenges, during the "15th Five-Year Plan" period, LiuGong will firmly advance high-quality development, strengthen innovation leadership, and continue to deepen the "Three Alls" strategy. First, it will deepen institutional innovation and stimulate the internal driving force of the organization. Second, it will strengthen core technology drivers and lead industrial innovation and upgrading. Third, it will accelerate "comprehensive internationalization" and expand global growth space. Fourth, it will strengthen value chain collaboration and co-building of the industry ecosystem to achieve win-win development. Fifth, it will enhance the brand's global influence and shape new advantages in international competition.

In response to questions about the core technology breakthroughs in LiuGong's latest products and the innovation highlights of the products exhibited this time, Zhu Binqiang introduced that the industry's electric technology is currently breaking through rapidly, while electric products are accelerating toward larger sizes. Since the beginning of this year, overseas exports of electric products have grown rapidly. LiuGong will use electric product exports to break into high-end and important overseas markets, and will continue to improve the types of electric products, optimize the product model layout, and develop multiple energy replenishment methods.

At this exhibition, LiuGong has brought a number of breakthrough achievements, showcasing a portfolio of large electric products including mining excavators, wide-body trucks, bulldozers, and loaders, as well as energy solutions for source-grid-load-storage, charging, battery swapping, and power delivery, and an intelligent mining operation system. The T-series loaders and F-series excavators also made a concentrated appearance at the exhibition, demonstrating their superior performance in being smarter, more efficient, and more reliable.

Regarding how LiuGong is laying out comprehensive mining solutions, Pan Hengliang said that LiuGong is vigorously developing pure electric equipment as a core breakthrough in the mining market, and by equipping machines with intelligent and unmanned technologies, it addresses the safety and efficiency pain points of mining operations, deepens full life-cycle services, and provides customers with comprehensive mining solutions that are electric, intelligent, full-service-life-cycle, and customized through cooperation.

Speaking of LiuGong's practical experience in practicing the ESG concept and achieving a win-win of "green transformation" and "business sustainability," Huang Hualin said that LiuGong's mission is to "extend human strength with intelligent green machinery," and through technological innovation, product iteration, and business model innovation, it transforms this into new core competitiveness, thereby achieving a win-win between environmental protection and business.