Chairman of Lingong Group Wang Zhizhong Leads the Company into a New Era of Globalization
Linyi City, China, 3rd Oct 2025 – Lingong Group is embarking on a new globalization journey. Specifically, the company is moving from technology introduction to independent innovation and from market internationalization to enterprise internationalization. With this shift, it is doing so with greater autonomy and confidence, writing a fresh chapter in the story of Chinese high-end manufacturing going global.
SDLG Global Partners Convention
This golden autumn, from September 27 to 30, 2025, the 3rd SDLG Global Partners Convention—an industry-wide event for the global construction machinery sector—kicked off in Linyi, Shandong.
On September 27, Mr. Wang Zhizhong, Chairman of Lingong Group, gave a media interview. During this interview, he addressed the company’s “parting of ways” with Volvo Construction Equipment after 19 years. Moreover, he outlined Lingong Group’s new globalization strategy and shared insights into the 15th Five-Year Plan objectives.
Since partnering with Volvo CE in 2006, SDLG has gained extensive international experience. Notably, the partnership provided technical and managerial support. In addition, through independent operations and a dual-brand strategy, it also boosted the company’s global recognition.
Ownership Transfer And Globalization
In June 2025, Lingong Group acquired Volvo CE’s 70% stake in SDLG. By September 1, the ownership transfer was fully completed.
Chairman Wang described the 19-year cooperation as “a profound globalization baptism and a systematic upgrade.” SDLG absorbed Volvo CE’s technology and management systems. At the same time, the company upgraded product technology. Furthermore, the “All Involvement” management model was introduced. This allowed SDLG to leap from introduction, digestion, and absorption to reinvention. As a result, the company also built a complete independent R&D system.
By combining local practices with international standards, SDLG created an operational mechanism with unique features. Consequently, it gained a competitive edge over major domestic brands.
Manufacturing Excellence Achievements
SDLG fully implemented and deepened lean production practices. Among Volvo CE’s 18 global manufacturing plants, its factory ranked second in lean production performance. Additionally, it was the first in the domestic industry to win the EFQM Global Excellence Award.
The end of the partnership was a joint decision. This decision was based on friendly consultations and market realities. Therefore, SDLG is now prepared for international growth without constraints. Hence, the company can respond more flexibly to global customer needs.
The cooperation’s conclusion gave SDLG more autonomy and efficiency in decision-making. As a result, the company now has clear advantages in product technology, manufacturing, corporate management, AI, and digitalization. Thus, it is capable of competing directly with global brands.
Comprehensive Internationalization Strategy
SDLG will pursue “comprehensive internationalization.” This strategy includes selling products abroad and expanding R&D, marketing, services, parts supply, and financial management worldwide.
The company aims to “rebuild a new SDLG overseas.” Specifically, its overseas business should match the scale of domestic operations. Achieving this requires a shift from market internationalization to enterprise internationalization. Accordingly, SDLG’s new strategy focuses on comprehensive advancement and targeted breakthroughs.
Targeted Breakthroughs And Advancement
Targeted breakthroughs focus on core global markets, especially the top 20 countries with 80% of the market. SDLG will use an independent accounting platform model. Moreover, frontline teams will have full decision-making authority for rapid breakthroughs.
Comprehensive advancement involves full-scale localization. For instance, this includes overseas production bases, subsidiaries, financing platforms, localized talent, distribution channels, and services. In addition, it builds a complete overseas industrial ecosystem.
Lingong Group holds a strong position on the Global Top 50 Construction Machinery Manufacturers list. Furthermore, it is a leading “chain master” enterprise in Shandong Province. Chairman Wang is confident in surpassing 100 billion RMB in revenue by 2030.
Dual Growth Engines Strategy
The first growth engine focuses on consolidating the core business while developing new growth drivers.
Lingong Group remains a leader in wheel loaders, excavators, and other core products. Meanwhile, it also expands into industrial intelligence, new energy, and high-end agricultural machinery.
The second growth engine focuses on accelerating globalization. The international market has the greatest growth potential.
By 2030, the company aims to increase overseas revenue significantly. In effect, the goal is to create another SDLG of similar scale abroad. Lingong Group now has 83 subsidiaries and 17 member enterprises.
Subsidiaries And Business Clusters
The business cluster includes SDLG, LGMG, LGIM, LGNE, and LGAG. In total, it covers nine product lines: wheel loaders, excavators, road machinery, mining equipment, aerial work platforms, industrial intelligence, new energy, and agricultural machinery.
Subsidiaries work under unified group management. As a result, they share resources and complement strengths. Together, the dual-engine strategy of domestic and overseas growth, with multi-business synergy, supports the 100-billion target.
Talent is the cornerstone of globalization. The dual-track approach includes domestic recruitment and overseas localization. Moreover, systematic global training ensures professionals understand local markets and connect globally.
Invitation To Global Partners
By 2030, foreign employees will make up one-third of the workforce. Lingong Group warmly invites global partners to join its international growth journey.
The conclusion of Volvo CE cooperation gives Lingong Group autonomy. Hence, the company now steps confidently onto the world stage. Its globalization efforts stand as a significant case in Chinese high-end manufacturing.
About SDLG
Founded in 1972, SDLG is a leading international manufacturer of construction machinery. It is a national-level high-tech company. SDLG produces more than 100 products in loaders, excavators, and pavement construction machinery categories.
Its pillar products are China Famous-brand Product and Famous Trademark of China. In addition, SDLG has received numerous awards, including China’s Top 100 Enterprises in Machinery Industry, National Labor Medal, Governor Quality Prize, National Quality Award, EFQM Global Excellence Award, and many more.
Company Details
Organization: Shandong Lingong Construction Machinery Co., Ltd. (SDLG)
Contact Person: Jin Zhang
Website: https://www.sdlg.com/
Email: jin.zhang@sdlg.com
City: Linyi City
Country: China
Release Id: 03102534810