Lovol Heavy Industry

Lovol Heavy Industry

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DateInvestorsAmountRound
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CNY1.6b

Growth Equity VC
Total Funding€200m

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Weichai Lovol Heavy Industry Co. operates in the construction machinery, agricultural equipment, vehicles, power technology, financial technology, and network technology sectors. The company serves a diverse range of clients, including those in agriculture, construction, and industrial sectors. It operates in a global market, exporting products to over 120 countries and regions, including Europe, America, Asia Pacific, CIS, and Africa. The business model focuses on manufacturing and distributing high-quality machinery and equipment through a network of more than 180 first-class distributors. Revenue is generated through the sale of these products, which include tractors, engineering machinery, and engines. The company has maintained a leading position in tractor exports for 11 consecutive years, demonstrating its strong market presence and reliability.

Keywords: construction machinery, agricultural equipment, vehicles, power technology, financial technology, network technology, global distribution, tractors, engineering machinery, engines.