Foton Lovol International Heavy Industry Co., Ltd. (referred to as Foton Lovol) is a large-scale industrial equipment manufacturer focusing on construction machinery, agricultural equipment and vehicles. The Company has been identified as the"national key high-tech enterprise", its engineering and technology research institute as the"nation-certified enterprise technology center", and moreover, its leading products have been awarded as"Chinese famous brands","well-known trademarks in China"and"most competitive brands on the market".
The sales volume of Foton leading product combined harvesters has ranked first in the industry for 11 consecutive years, boasting the market share of 70% in China; Foton large and medium-sized tractors have also been leading the industry for 7 consecutive years in terms of market share. Foton Five-Star three-wheeled motorcycles have ranked the first position in the industry for 7 consecutive years in sales and market share; the high-speed and healthy development of Foton Lovol construction machinery business, represented by Foton loaders, excavators and rotary drilling rigs, enjoys a rising market competitiveness, helping it become one of the fastest growing brands in the industry.
Based on its leading position in several domestic markets, Foton Lovol has been actively exploring the international market. At present, the company has formed a Five-in-One global marketing service network made up of more than 300 sales and service providers covering over 120 countries and regions integrating with"sales, service, parts supply, user training and information feedback". The exporting products include three major categories as agricultural equipment, construction machinery and vehicles.