Shandong
Local company showcased in anniversary parade
Updated: 2009-10-10 09:54
Three products created by Foton Lovol International Heavy Industry Co Ltd. participated in the military parade of the 60th anniversary of the establishment of New China.
Models of the Lovol Goson Combined Harvester, Lovol Europard tractor and Foton Jingge Electric Bicycle were used to showcase the country’s achievements in the field of agricultural modernization and new rural construction.
Foton Lovol is a modern large-scale machinery and equipment production enterprise which specializes in construction machinery and agricultural equipment and vehicles.
The company’s total assets have reached $1 billion and its 2008 turnover stood at $1.71 billion, presenting a year-on-year increase of 24.7%.
Editor Li Jing
By Zhao Ruixue (China Daily Shandong Bureau)
