Lonking leaps into the 22nd of the top 50 global construction

     Recently, the Top 50 list of 2011 Global manufacturers of construction machinery was announced in Beijing, China. Lonking (Hong Kong stock code 03339) leaps into 22nd on the comprehensive strength, while the average return on assets jumps to third in the world, operating profit margin ranks fourth in the world and sales growth keeps the world's fifth.

     It is reported that the top 50 list of global construction machinery manufacturers is grandly launched by the China Construction Machinery magazine. Since Lonking listed in November, 2005, Lonking's name has appeared in the list for six consecutive years, and lonking's ranking from 44th  in 2006, 40th in 2007, 38th in 2008, 35th in 2009, and ,jumped to 26th in 2010 (according to the British KHL Group publication International Construction Machinery", Lonking ranked 24) and now 22nd

     In recent years, Lonking has developed rapidly and sustainable, whether technical innovation, product research and development, manufacturing capacity, or industry chain control, product marketing, after -sales service levels, have been fully improved. Ranked first in the industry for wheel loaders sales, Lonking has also developed excavators, forklifts, and road machinery very rapidly. And transmission components, hydraulic cylinders, valve gear, tank piping and other core components, not only domestically supplied with high-quality security, but also mating with a lot of well-known brands. Lonking people are self-improvement, innovative, creative, not only in Management culture but also in technology, product and service. Innovation-driven, Lonking by leaps and bounds, has stepped into a new era of sustained and rapid development.