FOTON LOVOL Co. Ltd.
From:    Author:   date:2010-03-20   attention:0   favorite:0   comment:0 visited:944
Font enlarge  Font reduce

FOTON LOVOL INTERNATIONAL HEAVY INDUSTRY CO., LTD (Hereinafter called FOTON LOVOL H.I.) is a modern large-scale machinery and equipment production enterprise and its main business covers construction machinery, agricultural equipments and vehicles. The  total assets is USD 1 billion and 2008 turnover has reached USD 1.71 billion  showing year-on-year rises of 24.7%. The company has been awarded as the “China Main High &New-Tech Enterprise”, the Construction Technic Research Institute has been authorized as “National-Grade Enterprise Technic Center” and the Postdoctoral Workstation has been built up. Its main products win the titles “China Top Brand”, “China Well-known Mark” and “The Most Competitive Brand in China Market”. The brand value was authorized as more than 1.51billion USD and listed No. 66 among “China top 500 enterprises”, the No. 1 among the China Agriculture Machinery Industry and the No. 3 among the China Construction Industry.

FOTON LOVOL is engaged in three major business range (namely, engineering machinery, agricultural equipment, and vehicle), and by far, it has cultivated three product collections, 12 product varieties, 34 product lines, 73 product series, 318 product types, and nearly 5000 product resources. Today, the company researches and develops 400 to 500 new product resources every year, and its strong R & D and production capability is the guarantee for its provision of most professional machinery equipment.

In Chinese market, sales volume of FOTON combine harvester has been in the top place in the same field for 8 consecutive years and its percentage of market share excessed 70%; the market share of FOTON big and medium horse power tractors and Five-Star brand tri-wheel motors have been the top place for 5 consecutive years. The business of the drilling rigs, crawler crane, wheel loader, excavator are developing fast to be a competitive brand in the same industry.

Based on the lead footing in China market, FOTON LOVOL H.I is bringing the globalization strategy into effect and has passed the IS09001 quality system authentication, and EC, EPA, GOST authentication for EU, USA and Russia market. The products have been approbatory by the users all around the world which leads the oversea business developing rapidly and the products have been exported to more than 112 countries and districts including EU and America.  The total export amount is more than 0.3 billion US dollars indicates year on-year rises of 100%.

Pictorial News