June 18, 2011
On May 31, the 2011 CTT was kicked off in Moscow, which was attended by more than 450 construction machinery enterprises from the world, with the total exhibition area exceeding 70,000m2. Foton Lovol attended this exhibition with four products, including loaders and loader-diggers.
CTT is Russia's largest specialized exhibition in terms of construction machinery, building machinery, and construction Vehicles. Since its initiation in 1999, the Exhibition has seen an increasing expansion of scale, and has become one of the largest, and the most professional exhibitions in the CIS Region. Each session of CTT can attract many world famous brands, and it has served as an important means for construction machinery enterprises to develop Russia and CIS markets. With the recovery of Russia market, the demand on construction machinery products is on continual rise. Therefore, the exhibition this time has been valued by well-known enterprises. Apart from local construction machinery enterprises of Russia, such world famous brands as Caterpillar, Kumatsu, VOLVO, Liebherr, Hitachi, and JCB, etc. are also seen at the exhibition. Chinese enterprises including XCMG, Zoomlion, Liugong, Xiagong, Shangong, Lingong, and YTO Group, etc. have also attended the exhibition in a large scale.
Foton Lovol attaches much importance to this exhibition, and has applied for booths in the indoor exhibition pavilion. In addition, the Company has established the 10-person group led by manager Mr. Chang, Vice General Manager of Foton Lovol, and organized such products as FL958G, FL936F, and FL917 loaders and FR468 loader-digger to the exhibition. Those products are flagship models the Company is selling in Russia market, which have, through continued market validation and product improvement, been recognized by both distributors and users. During the exhibition, we have attracted a lot of customers who visit our products or conduct negotiations.
As a strategic market of the Company's construction machinery products, Russia has been highly valued by the Company, and this exhibition will further promote the Company's brand awareness, and help us develop new sales channels, understand market demand information, so as to provide reference basis for the Company to establish the Russia market development plan.
Collated according to customs data,In October 2024, China's import and export trade volume of construction machinery was 48.$4.1 billion,Year-on-year growth of 24.2%。Among:Imports 2.$3.3 billion,Year-on-year growth of 33.1%;Exports 46.$0.8 billion
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