The concrete machinery industry has been slumping since the second half year of 2011. Luoyang CIMC Linyu Automobile Co., Ltd. (CIMC Linyu) grasps the nettle and successfully launches a new product that meets the market demand, a economy concrete truck mixer.
Compared with the traditional truck mixer, the new one features function integration, work simplification, weight reduction and consumption reduction.
Luoyang CIMC Linyu Automobile Co., Ltd was jointly ventured by CIMC and Luoyang Linyu Automobile Co., Ltd through reorganization. CIMC mainly deals with the services relating to the manufacturing and sale of containers, road transport automobiles, tank equipment and airport installations and is the largest container manufacturer and special purpose vehicle manufacturer in the world with the annual sale revenue up to RMB49 billion in 2007. Until now, CIMC has established 16 automobile manufacturing bases throughout the country with the automobile output and sale over 110,000. Luoyang Linyu Automobile Co., Ltd has a history of over 40 years in automobile manufacturing and mainly deals with the manufacturing of passenger and special purpose vehicle.