Chinese Company Profile: Lonking Holdings (December 2018)
Off-Highway Research's Company Profile's are objective analyses of major construction equipment manufacturers or component suppliers.
Typical coverage includes:
|Company Structure||Manufacturing Facilities||Component Sourcing|
|Ownership||Marketing and Distribution||Production|
|Financial Analysis||Research and Development||Employees|
This report is an update of Lonking Holdings Limited, a profile that was first published by Off-Highway Research in October 2014. Lonking Holdings Limited, or Lonking for short, is listed on the Hong Kong Stock Exchange (Stock: 3339) and is the core operational unit of its parent company, China Longgong Group Holdings Limited, or Longgong Group for short.
Over the last 25 years, Lonking has reinvented itself from being a manufacturer relying on a single product, to a sophisticated supplier with four core operations consisting of wheeled loaders, excavators, forklift trucks and compaction equipment, as well as new businesses such as skid-steer loaders. At the same time, the company has successfully built up its parts business that focuses on hydraulic parts, axles, transmissions, gears, radiators, water tanks, pipes and hoses, and has become an increasingly important component supplier.