LiuGong's Q1 revenue exceeds 10 billion yuan, monthly excavator output hits record high
2026-06-12 11:39
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en.Wedoany.com Reported - LiuGong's intelligent excavator factory is operating at full capacity to fulfill domestic and overseas orders. Since the beginning of this year, the company has ramped up production through dynamic scheduling and precise management, leading to strong overall sales and output of excavators.

Zhao Qifeng, production manager of LiuGong's excavator final assembly plant, stated that in March this year, monthly excavator output reached a historic high of 1,553 units, a year-on-year increase of 77.5%. Output in April and May remained stable at 1,200 units, with monthly output of ultra-large excavators tripling compared to the same period last year. Currently, four production lines—for medium, large, ultra-large, and flexible customization—operate in coordination to ensure timely delivery of various orders.

Behind the output growth is LiuGong's sustained investment in transitioning toward high-end, intelligent, and green development. In March this year, the Ministry of Industry and Information Technology released the 2025 Green Factory list, which included Guangxi LiuGong Machinery Co., Ltd. In April, "LiuGong AI 2.0" was launched, integrating the new generation of AI products with engineering machinery business knowledge throughout the entire lifecycle, from market insight and R&D design to service and parts. In May, a zero-carbon smart mine solution and a full-scenario electric intelligent solution were released. Among them, the independently developed smart mine management system 4.0 leverages 5G+AI+Beidou technology to achieve visual management and intelligent scheduling of entire mine operations, improving operational efficiency by over 20%.

LiuGong's electrified product system continues to improve, with over 100 new energy products launched, covering diverse technology routes such as pure electric, battery swap, hybrid, and towed electric. These products are exported to more than 60 countries and regions worldwide, with global cumulative sales exceeding 60,000 units.

In terms of global expansion, this year, a subsidiary in Kazakhstan opened in Almaty, and Phase II of the manufacturing plant in India, as well as localized manufacturing projects in Indonesia, were rapidly implemented. Currently, LiuGong has developed over 500 dealers in more than 180 countries and regions, established over 40 overseas subsidiaries, more than 20 manufacturing bases, 17 R&D bases, and 23 regional parts centers.

In the first quarter of this year, LiuGong achieved operating revenue of 10.061 billion yuan, a year-on-year increase of 9.97%. Electrified and intelligent products are penetrating the market at an accelerated pace, with overseas business revenue and market share rising simultaneously, and the growth rate of complete machine exports outpacing the industry.

Zheng Jin, Party Secretary and Chairman of Guangxi LiuGong Group Co., Ltd. and Guangxi LiuGong Machinery Co., Ltd., stated that in the first year of the "15th Five-Year Plan," LiuGong will continue to implement the strategy of "comprehensive solutions, comprehensive digital intelligence, and globalization," shifting from a "machine-centric" to a "customer and application scenario-centric" approach to provide comprehensive solutions. The company will focus on digital intelligence, tackle core components and new energy and intelligent equipment technologies, and promote the integration and breakthrough of artificial intelligence with heavy machinery. At the same time, it will deepen its presence in global markets, continuously improve industrial layout and localized service systems, and not only export products but also standards and models.

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