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Company Introduction Home > FOTON LOVOL Introduction > Company Introduction 
Introduction of FOTON LOVOL H.I.
 

FOTON LOVOL INTERNATIONAL HEAVY INDUSTRY CO., LTD (Hereinafter called FOTON LOVOL H.I.) is a large-scale industrial equipment manufacturing enterprise specialized in producing the construction machinery, agricultural equipment, and vehicles. In 2010, sales revenue hits 14.2 billion Yuan. FOTON LOVOL has been titled “China Main High & New-Tech Enterprise” and the Construction Technical Research Institute has been awarded “China National Technology Center”; also, FOTON LOVOL has set up the “Post-Doctoral Research Center”. In addition, the company’s leading products have been honored “China Top Brand”, “China Famous Trademark” and “The Most Competitive Brands in China Market”. In 2011, FOTON LOVOL's brand value is estimated 14.311 billion Yuan, ranking the 64th place in “China Top 500 Most Valuable Brands”. 

In China, the sales amount of FOTON combine harvester has ranked the leading place for ten consecutive years, with market shares of more than 70%. In addition, the market shares of FOTON large and medium horse-power tractors and FOTON Five-Star brand three-wheeled motorcycles have clinched the first place for six consecutive years, and our products like drilling rig, crawler crane, wheel loader and excavator have been increasingly improved in influential power and they have turned into powerful competitive brands in market.

On the basis of ranking top in China market, FOTON LOVOL has implemented the globalization strategy. Today, we have passed ISO 9001 International Quality System Certification and passing certifications like EC (EU), EPA (America), and GOST (Russia), thus our products have been ratified worldwide. Meanwhile, our company’s overseas business has achieved rapid development, with products being exported to120 countries and regions including Europe and America.

In future, FOTON LOVOL will follow the strategic goal of “High Quality, Low Cost and Globalization” and adhere to the operation philosophy of “High Standard, Precise, and Zero Default” to fulfill connotative growth strategy, in order to gradually forge FOTON LOVOL H. I. into an well-known and world-class enterprise in China by integrating global superior resources and improving the independent innovation ability.