Shantui and Lovol Heavy Industries are listed on the Global Construction Machinery Yellow Table 2026

The International Construction magazine, owned by KHL, an authoritative information agency in the global construction machinery industry, has released the highly anticipated Yellow Table 2026 ranking. Shantui and Lovol Heavy Industries are ranked 29th and 42nd respectively in the world, further demonstrating Shandong Heavy Industries' hardcore strength in the construction machinery industry.

In 2025, Shantui will steadily advance in high-quality development. The company has achieved positive revenue growth for six consecutive years, with a compound annual growth rate of 15%. On the main product side, the market share of bulldozers remains stable at over 65%, while the market share of major products such as excavators, loaders, and graders continues to climb. The dual increase in revenue and market share confirms that Shantui has embarked on a growth path that is reliable in quality, stable in operation, and profitable. At the same time, Shantui has fully transformed into an AI driven high-end intelligent manufacturing enterprise, becoming the first explorer in China's construction machinery industry to fully implement AI strategy. In 2025, Shantui's overseas export revenue will reach a new high, accelerating the upgrade from "product going global" to "value rooted" strategy.

Lovol Heavy Industry fully leverages the industrial chain resource advantages of Shandong Heavy Industry Group and Weichai Group, relying on the group's high-end non road full range of engines, hydraulic systems, transmission systems, new energy three electric systems and other core resources, and through collaborative research and development, builds differentiated competitive advantages, achieving a leapfrog improvement in product spectrum and performance. The products cover a full range of engineering equipment such as excavators, loaders, mining trucks, and mining loaders, and accelerate breakthroughs in the field of new energy. Multiple electrified products have gained high recognition in the international market, fully demonstrating the significant achievements of its "high-end, intelligent, and green" development strategy.