Shandong Lishide Machinery Co. Ltd got the general output CNY 480 million in 2009 and produced 725 sets of hydraulic excavators. Lishide sold 700 excavators in 2009 with the revenue amounting to CNY 420 million, up 150% year-on-year. Among the good performance, large excavators contribute 65% to the whole revenue.
Lishide was focused on the innovation in 2009. Guided by the innovative spirit, Lishide was absorbed in professional products. It made every effort to produce the excavators with the self-owned brand. Elaborate design and production, persistent improvement, strict requirements for qualities and other advantages make Lishide conspicuous in the excavator industry.
For the coming of 2010, Lishide will closely hold on to the people-oriented policy and strengthen innovative management. It will raise efficiency and speed up capital transfer. Lishide will confidently face the challenges given from the 2010. It is assured Lishide will make more good performance next year.