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This week, Chinese heavy equipment enterprises continued to accelerate their global layout. Major brands focused on localized overseas operation and achieved a number of breakthrough results in overseas project signing, production capacity landing, service system construction, financial capacity upgrading and domestic and foreign industrial strategic cooperation. Leading commercial vehicle power enterprises have deepened domestic and foreign industrial coordination, while construction machinery enterprises have successively secured overseas orders, launched energy storage projects and established local operation entities. Component enterprises have improved their overseas financial service systems, comprehensively strengthening the global market competitiveness of Chinese heavy equipment brands. The overseas development model has been continuously upgraded from product export to all-round localization of technology, services and production capacity.
On August 17, Lu Zhenghua, Party Secretary and General Manager of BAIC Foton, led a delegation to visit Yuchai Group and held in-depth strategic cooperation discussions with the core management teams of Yuchai Group and Yuchai Co., Ltd., to explore a new path for high-quality commercial vehicle industry development. Yuchai and Foton have nearly 30 years of in-depth cooperative foundation. Their power supporting business covers all categories of commercial vehicles, setting a benchmark for collaborative development between domestic vehicle manufacturers and power supporting enterprises, with long-term stable and in-depth industrial cooperation.
The discussion focused on improving the quality and efficiency of the Auman Xinghui project and clarified the multi-dimensional cooperation directions for the future. The two sides will deepen collaborative research on cutting-edge technologies, focus on energy-saving, high-efficiency and new energy power fields, and accelerate the landing and application of high-end green power supporting products. They will strengthen the linkage development of domestic and foreign markets, rely on Yuchai’s overseas production base resources to help Foton expand its global market territory, build a regular high-level communication mechanism, break the whole-industry-chain cooperation barriers of R&D, production and marketing, realize complementary advantages, and comprehensively enhance the core competitiveness and market value of products of both parties. During the discussion, the Foton delegation visited Yuchai’s smart factory and national engineering research center to investigate the intelligent manufacturing system and the layout of new technologies and products in detail.
On August 19, SANY successfully held MINING GOLF TOURNAMENT 2026 in Jakarta, gathering nearly 200 elites from Indonesia’s mining industry. Chen Jiayuan, Director of SANY Group, attended the event and delivered a speech. Taking golf exchange as a link, the event built a regular in-depth communication platform between SANY and leading local mining customers, laying a solid foundation for accurately docking market demands, deepening customer cooperation and judging industry development trends.
Upon completion, the project will serve as a core power flexibility resource in Eastern Europe, widely participating in power trading and grid auxiliary services, effectively improving local grid regulation capacity and new energy consumption level, and boosting the green and low-carbon transformation of the regional energy structure. This is the first cooperation between the two parties in the energy storage field, which fully proves the European market’s high recognition of SANY Micro-grid’s energy storage technology, product quality and full-process project delivery capability. Adopting advanced energy storage products and system solutions of SANY Lithium Energy and relying on SANY’s full industrial chain service advantages, the project will be efficiently implemented to further consolidate SANY’s brand influence in the European new energy market.
Local time on August 18, SANY Micro-grid officially signed a 600MWh independent energy storage project SPA agreement with RV, a well-known comprehensive energy enterprise in Eastern Europe. Core senior executives of both parties completed the signing, and person-in-charges of multiple cooperative institutions witnessed the ceremony. As one of the largest independent energy storage projects in Eastern Europe, it is also a landmark project for SANY Micro-grid to enter the European independent energy storage market, with important market development significance.
Upon completion, the project will serve as a core power flexibility resource in Eastern Europe, widely participating in power trading and grid auxiliary services, effectively improving local grid regulation capacity and new energy consumption level, and boosting the green and low-carbon transformation of the regional energy structure. This is the first cooperation between the two parties in the energy storage field, which fully proves the European market’s high recognition of SANY Micro-grid’s energy storage technology, product quality and full-process project delivery capability. Adopting advanced energy storage products and system solutions of SANY Lithium Energy and relying on SANY’s full industrial chain service advantages, the project will be efficiently implemented to further consolidate SANY’s brand influence in the European new energy market.
Recently, Putzmeister Turkey successfully completed special service training for SANY excavator agents. The two-day training attracted 41 professional service engineers from 25 agents, carrying out systematic empowerment teaching focusing on core operation and maintenance skills of excavators. Tailored to local market demands, the training focused on core modules including excavator hydraulic system principles, electronic control fault diagnosis and standardized service procedures, comprehensively helping local service teams improve professional capabilities.
Based on the characteristics of Turkey’s local market, the Chinese team adhered to the talent cultivation concept of teaching people to fish, strictly reviewed training materials, technical contents and operation standards, assisted the local team in building a standardized and standardized training system, and focused on cultivating local teams’ capabilities in independent fault diagnosis, equipment operation and maintenance and talent incubation. For the first time, the entire training process was independently delivered by the local team of Putzmeister Turkey. Participants comprehensively improved their professional quality through diversified teaching forms including theoretical lectures, equipment operation and fault case analysis. In the future, the local side will continuously improve the training system, expand the team of local service talents, and steadily improve the response efficiency and service quality of overseas market services.
Local time on August 12, the opening ceremony of SDLG Brazil was successfully held in Campinas, São Paulo State. Person-in-charges of the São Paulo State Investment Promotion Bureau, SDLG management, local government representatives, core customers, dealers and suppliers totaling more than 150 guests attended the ceremony to witness this milestone of global development. The opening marks that SDLG’s overseas business has officially upgraded from a single product export model to in-depth localized operation.
As a core construction machinery market in Latin America, Brazil is a key layout area of SDLG’s global strategy. After its launch, SDLG Brazil will comprehensively improve the whole-process support system for local sales, services, spare parts supply and customers, radiating the entire Latin American market with Brazil as the core pivot. The local government highly recognized the industrial value of SDLG’s settlement and promised to provide continuous policy support to facilitate the enterprise’s localized development. At present, SDLG Brazil has deployed full-series main models such as loaders, excavators, motor graders, rollers and backhoe loaders, and continuously promoted green electric products. It optimizes the local service network and spare parts warehouse layout, greatly shortening the product delivery cycle and improving customer service experience. After 17 years of in-depth market cultivation, SDLG has achieved a leap from product export to local in-depth development.
Recently, Liugong Finance Indonesia has successfully obtained the AA+ issuer credit rating awarded by Pefindo, Indonesia’s authoritative local credit rating agency, marking that the enterprise’s credit strength, corporate governance level and risk management capabilities have been officially and authoritatively recognized by the Indonesian capital market. This rating achievement lays a solid foundation for Liugong Finance Indonesia to further expand overseas financing channels, optimize cross-border financing structure and reduce overseas financing costs.
As a leading authoritative credit rating agency in Indonesia, Pefindo was jointly initiated by the predecessor of Indonesia’s Financial Services Authority and Bank Indonesia with equity participation from S&P Global. Its rating results are widely applied in core local fields such as bond issuance, bank credit granting and capital market financing. This high rating is an important milestone for Liugong to deepen its overseas localization strategy and promote the coordinated overseas development of multiple industrial sectors. Liugong Finance Indonesia continuously optimizes corporate governance and risk management systems and has won many local industry honors. In the future, focusing on customer upgrading, asset optimization, resource integration and risk prevention and control, it will continuously improve localized financial service capabilities to strongly support the high-quality and sustainable overseas development of the enterprise’s full value chain.
On August 19, the senior management team of Brazil’s MWM visited Yuchai Group. The two parties held high-level strategic talks and officially signed a localized production cooperation agreement, marking a key step forward for Yuchai’s localized production capacity layout in South America. During the discussion, the two parties conducted comprehensive and in-depth discussions on the implementation of localized projects, in-depth development of the South American regional market, and collaborative expansion of international business, reaching a consensus on long-term in-depth strategic cooperation.
The two sides agreed to take this signing as an important opportunity to continuously expand cooperation fields, deepen cooperation levels, and extend strategic cooperation to deeper and broader fields. The visiting team inspected Yuchai’s intelligent production base and national engineering research center, and highly recognized Yuchai’s advanced intelligent manufacturing level and core R&D strength. The implementation of this localized production cooperation helps Yuchai transform from product export to localized production and operation in South America, further improve the industrial layout in Latin America, fully tap the development potential of the local power equipment market, and consolidate the foundation of overseas localized development.
Recently, XCMG delivered mixed fuel-powered and electric reach stackers and stackers to Indonesian customers. The combined-energy equipment adapts to local high-temperature, high-humidity and salt-fog conditions. Full-localized lifecycle services including commissioning, maintenance and operator training are supplied to support efficient and green port operation. This delivery marks XCMG’s upgrade from single-unit supply to complete-solution export.
On August 12, SANY SKT110Ei pure-electric autonomous mining trucks were shipped to South America for the region’s first autonomous mining truck project. The full package covers trucks, dispatching system and operation-maintenance services. Equipped with self-developed autonomous driving system, the trucks feature high reliability, high attendance rate and low energy consumption. Drawing on large-scale domestic operation experience, SANY’s global service network will support stable overseas project execution.
Recently, XCMG XGA17ACN narrow articulated boom lifts were shipped to Europe. With 1.5-meter narrow width and zero tail-swing design, it suits narrow-space scenarios such as factory renovation and warehousing. It delivers 17 m working height and 230 kg load capacity, with intelligent fault diagnosis and zero-emission low-noise performance. This differentiated product targets Europe’s high-end market, and XCMG will keep optimizing its global product portfolio.
On August 14, LGMG delivered batches of RTH100 100-ton hybrid mining trucks and ME109 mining excavators to a South-American copper mine. Hybrid trucks cut fuel consumption and carbon emission via downhill energy recovery, while excavators fit dusty harsh mine conditions. LGMG’s 100-ton excavators already account for 50 % of such equipment on-site. Localized services including on-site maintenance, spare-parts warehousing and operator training are provided to enable green and efficient mining.
On August 20, batches of SAGMOTO i9 smart electric light trucks were shipped to Ethiopia. Designed for urban-logistics scenarios, the model supports cargo delivery, retail and wholesale transport, offering practical electric-driven transport solutions and accelerating local logistics green transition.
Chinese heavy equipment enterprises continue to optimize their global industrial layout and accelerate the pace of overseas localized operation upgrading. In addition to traditional product export business, breakthrough progress has been made in emerging overseas businesses such as new energy energy storage projects, localized production capacity construction and overseas financial service empowerment. Localized production, localized talent training and localized financial services have become important core competitiveness of Chinese heavy equipment brands in global market competition. In the future, domestic heavy equipment enterprises will continue to take localized operation as the core direction of overseas expansion, continuously deepen global industrial layout, enrich overseas business formats, and further enhance the international influence and market share of Chinese manufacturing brands.
