Liugong: In 2023, the domestic market share of excavators will exceed 11%, with a year-on-year increase of 3 ~ 4 percentage points

January 31, 2024

Recently，Engineer Liu responded on the interactive platform for investors.，The company's market share of loaders in 2023 continued to be the first in the industry.，Domestic market share of Excavators exceeds 11%，Up 3% year on year~4 percentage points。

According to the statistics of China Construction Machinery Industry Association，Sales volume of loaders in domestic market in 2023 is 56552.，Year-on-year decline of 30.1%；Sales volume of Excavators in domestic market in 2023 is 89980.，Year-on-year decline of 40.8%

AI Translation Notice: This article was translated from Chinese into English using AI-assisted translation. Original source: http://news.lmjx.net/2024/202401/2024013113475725.shtml. The translation may contain errors, and the original Chinese source should be referred to for accuracy.

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Liugong: In 2023, the domestic market share of excavators will exceed 11%, with a year-on-year increase of 3 ~ 4 percentage points

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