Development of Liugong Changzhou Excavator Co., Ltd.

June 5438 +2006 10, the company established a wholly-owned subsidiary Liuzhou Liugong Excavator Co., Ltd. in Liuzhou. The sales volume of excavators climbed from 1394 in 2006 to 308 1 in 2009, with an increase of 12 1.02%. The return on equity increased from 8.4% in 2006 to 28.04% in 2009, an increase of 233.8 1%. Sales revenue climbed from 555 million yuan in 2006 to 65.438+0.294 billion yuan in 2009, an increase of 654.38+0.3365.438+0.5%, and the per capita sales revenue increased year by year, creating considerable economic benefits.

20 10 In May, the company invested in the construction of Liugong East Base in Changzhou, Jiangsu Province, and established a wholly-owned subsidiary "Liugong Changzhou Excavator Co., Ltd.", which is located in Wujin High-tech Industrial Development Zone, Changzhou City, with a registered capital of 280 million yuan, covering an area of 600 mu and a construction area of about10,000 square meters. Mainly engaged in the development, production, self-import and export of excavator series products, and support marketing and service. The company will put into production on February 20 10, with 10000 units, and it is estimated that the sales revenue will reach 4 billion yuan.