Lishide Construction Machinery Imp & Exp Co., LTD. opened in Qingdao

On July 23, 2011, Shandong Lishide Construction Machinery Import & Export Co., LTD. opened in Qingdao economic& technology development zone. More than 500 persons from the supporting enterprise, the agency, the finance and the press attended the opening ceremony.
General manager Dai Yonghai delivered a speech at the ceremony, he said: Chinese construction machinery industry is developing well in this period, it must speed up upgrading and strengthen independent innovation and core competition ability to meet the growing severe challenges. And the advantages of Qingdao location, traffic, talent and finance can well promote the trade development and lay the good foundation for the internationalization of our company. The representatives from China construction machinery industry association, banking and financial sectors and the agency also addressed congratulation to the company. 
In the afternoon conference, Mr Dai on behalf of the company did the work report and the company's five-year plan. Mr Dai pointed out that during the next National Twelfth Five-Year Plan period, Chinese construction machinery industry would remain the fast development. In the first half of the year, the excavator sales increased 30.52% year on year, the export incresed 66.4%, and the national brand market share had also improved. Under such background, the production and sales of Lishide excavator increased 80% year on year with all the economic indexes also having fast ascended. At last Mr Dai said, Lishide company had already walked through entrepreneurship, it was stepping into the stage of rapid growth. The company would develop toward the direction of "three years ten thousand units excavators of 10 billion yuan, five years thirty thousand units excavators of twenty billion yuan." The company development concept "Be precise, be stronger, and then be larger" has formed.