en.Wedoany.com Reported - On June 11, 2026, Chinese construction machinery enterprise Sunward Equipment Co., Ltd. (stock code: 002097) formally signed a strategic cooperation agreement and agency agreement with a renowned South Korean machinery company at Sunward Industrial City in Changsha, Hunan Province, along with a batch procurement order for pile frame equipment. The equipment will be used to efficiently advance multiple key infrastructure projects and complex foundation engineering initiatives in South Korea. This signing marks a new phase in bilateral cooperation and lays the foundation for Sunward to further deepen its presence in the South Korean and Japanese pile frame markets.
Founded in 1999 and headquartered in Changsha, Hunan Province, Sunward is a comprehensive equipment manufacturing enterprise primarily focused on construction machinery, with products covering piling machinery, excavator machinery, rock drilling equipment, and hoisting machinery, boasting deep technical expertise in the pile frame sector. The company was listed on the Shenzhen Stock Exchange in 2006. Since officially entering the South Korean pile frame market in 2014, Sunward has held the top market share in South Korea for several consecutive years. In 2025, Sunward's pile frame products entered the Japanese market, the birthplace of pile frames, for the first time, achieving a breakthrough in that market. Over the years, Sunward has earned long-term trust from South Korean customers through its products' superior performance, stable construction results, and efficient technical services.
At the signing ceremony, Sunward General Manager Xia Zhihong, Deputy General Managers Zhu Jianxin and Xiao Zhihai, along with other company leaders, were present. A representative of the South Korean customer stated that the teams from both sides had smooth communication and good cooperation over the past year, expressing expectations for the excellent performance of the batch pile frames in practical applications and planning to hold a large-scale promotional event within the year to recommend Sunward's high-quality equipment to more South Korean customers. Xia Zhihong welcomed the customer delegation, noting that this signing is an important milestone in the cooperation history, and Sunward will fully support the customer's development in subsequent collaborations, believing that with the customer's professional market capabilities and Sunward's technical R&D strength, both parties can achieve win-win cooperation.
Witnessed by attending leaders, Sunward South Korea Subsidiary General Manager Yang Juan and the customer representative formally signed the agreement. After the signing, Xia Zhihong presented a plaque to the customer, and Zhu Jianxin presented a golden key symbolizing the opening of the door to wealth and friendship. The implementation of this strategic cooperation and batch orders will help Sunward further consolidate its advantageous position in the South Korean pile frame market and provide strong support for expanding into the high-end East Asian market.
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