According to Liugong data, as of June 22, the sales revenue of Liugong forklifts in overseas markets increased by 112% year-on-year, and the sales volume increased by 70% year-on-year. Among them, sales in the Russian-speaking region increased by 269% year-on-year, sales in the European and American markets increased by 87% year-on-year, and sales in the Latin American market increased by 73% year-on-year.
From a regional perspective, the sales volume of Liugong forklifts in Russian has increased significantly this year, and new markets have been opened up in Central Asia such as Uzbekistan. Europe and the United States have always been the key strategic markets for the forklift industry, and the supply capacity of products represented by Liugong high-end forklifts continues to grow. The growth momentum of the business in Latin America is also very rapid. The leasing customer base and the agricultural logistics customer base have grown rapidly, and the sales volume and profitability of Liugong forklifts in the Latin American market have increased significantly. At the same time, regional markets such as the Middle East and Africa region and the Asia-Pacific region are developing steadily and making progress, laying a solid foundation for greater breakthroughs.