Shantui Share Co., Ltd.: Company strives to achieve 10.5 billion yuan in overseas sales revenue by 2026

Securities Daily, March 22 — Shantui Co., Ltd. stated during a recent inquiry that as the leading enterprise in Shandong Province’s construction machinery industry chain and one of the seven major business segments of Shandong Heavy Industry Group, the company aims to focus on internationalization strategies by 2026. The goal is to achieve 10.5 billion yuan in overseas sales revenue and further expand its global market share. Specifically: (1) Focus on key regions aligned with national strategies. For the African market, characterized by diverse backgrounds and deep commonalities, the company will follow national strategic steps, continue its high-intensity approach, and promote products such as bulldozers, excavators, loaders, road machinery, and mining trucks to maintain a high export revenue structure through 2026. For Southeast Asia and Australia, the company will solidify its entry into Australia’s high-end mining market and leverage its advantages in bulldozers to boost sales of other products in the region. For Latin America, with its layered demand and diverse markets, the company will align with local tax and regulatory policies, deploy local warehouses as needed, and localize operations to achieve significant revenue growth by 2026. For Europe, characterized by high-end positioning and quality orientation, the company will improve parts warehouses and brand building, while expanding sales channels for high-end core components like four-wheel drives into the European market through complete machine sales. (2) Strengthen risk prevention and coordinate key regions. In response to regional instability, the company will ensure reasonable levels of pre-positioned warehouses or inventory, manage market demand through order-based production and rational stock levels, and actively seek effective ways to ensure delivery efficiency.

(Source: Securities Daily)