Lovol International Heavy Industry Co., Ltd. ( Lovol) is a large-scale industrial equipment manufacturing enterprise primarily specializing in agricultural equipment, construction machinery, vehicles, core components, financial services and other businesses. Founded in 1998, the company now has total assets of 16.1 billion Yuan and 16,000 employees. In 2014, the sales revenue has reached 21.98 billion RMB. The brand value of Foton Lovol is evaluated as 35.553 billion RMB by the World Brand Lab.In China, Foton Lovol has been identified as the "National Key High-Tech Enterprise", while its engineering and technology research institute is identified as the "National Certified Enterprise Technology Center", and moreover, its leading products have been awarded as "Chinese Famous Brand", "Chinese Famous Trademark" and "Most Competitive Brand.The sales of combine harvesters have been ranked 1st for 14 consecutive years in the industry, covering a market share of 70% in China. Large and medium tractors have also been leading the industry in market share for 10 consecutive years. At the same time, its one of the fastest growing brands in construction machinery industry, available provide users with full range of products of loaders, excavators and rotary drilling rigs.Based on its leading position in China,Lovol is also active in overseas markets. By now, it has established the business network covering agricultural equipment, construction machinery, vehicle and engine exported to more than 120 countries and regions including Europe, America, Asia Pacific, CIS, Africa and so on with 380 first-class distributors. The export of tractors has been the 1st for ten consecutive years in the field.
