WeiChai Lovol Heavy Industry Co., Ltd.
WeiChai Lovol Heavy Industry manufactures agricultural equipment and intelligent machinery solutions, backed by a global R&D system and extensive international market presence.
Est. 1998No.192 South Beihai Road,Weifang,Shandong,China
About WeiChai Lovol Heavy Industry Co., Ltd.
WeiChai Lovol Heavy Industry Co., Ltd. is a mechanical equipment industry group focused on intelligent equipment, with a strong emphasis on agricultural equipment. The company develops products and solutions that support modern, mechanized agriculture, serving as a leading independent brand in China capable of providing overall mechanization solutions.
The group’s business footprint extends across multiple equipment sectors, including agricultural equipment, construction machinery, vehicles, engines, and related technology-driven services. Its operating structure includes specialized groups for agricultural equipment, engines, axles and transmissions, construction machinery, and vehicles, as well as international operations through Arbos Europe Group.
With a long-term commitment to innovation, Lovol has built a global R&D system integrating China, Europe, and Japan, supported by a large R&D team and a substantial patent portfolio. The company continues to advance intelligent manufacturing, intelligent management, and intelligent services, while pursuing globalization through overseas acquisitions and global operations serving customers in more than 120 countries and regions.
Company Positioning
Intelligent Equipment Industry Group
WeiChai Lovol Heavy Industry is positioned as a mechanical equipment industry group built around intelligent equipment, driving innovation across multiple machinery and technology-oriented sectors.
Core Business
Key Business Fields
Agricultural equipmentConstruction machineryVehiclesEnginesFinancial technologyNetwork technology
Group Structure
Major Business Units
- Weifang Lovol Agricultural Equipment Group
- Tianjin Lovol Engine Group
- Shandong Lovol Axle and Transmission Group
- Qingdao Lovol Construction Machinery Group
- Shandong Five-Star Vehicle Group
- Italy Arbos Europe Group
Globalization
Global Operations and Acquisitions
The company has advanced a globalization strategy, completing the acquisitions of Arbos, Goldoni, and Matermacc since 2014, forming the Arbos Europe Group and establishing a global operation center serving mid- to high-end markets in Europe and the United States.
Market Presence
- Global Reach
- 120 countries and regions
- Global Marketing Network
- 3,000 marketing networks
Market Performance
- China Tractor Market Share
- 30 %
- Export Leadership (Tractors)
- 15 consecutive years
- No. 1 Sales in China (Harvesting Machinery)
- 19 consecutive years
- Wheel Harvesting Machinery Market Share in China
- 70 % (nearly)
Innovation
- R&D Team Size
- 2,000 people (more than)
- Patents
- 2,000 applications (more than)
Global R&D System
ChinaEuropeJapan
Sustained R&D Funding
Since 2010, the company has allocated 3%–5% of annual sales revenue to R&D funding, supporting continuous product upgrades toward world-leading performance.
Brand Strength
- Brand Value (2019)
- 68,875 million RMB
- Ranking Among China’s 500 Most Valuable Brands (2019)
- 72 rank
Capabilities
Intelligent Manufacturing and Services
The agricultural equipment business emphasizes intelligent manufacturing, intelligent management, and intelligent services, supporting customers with product and service solutions for modern agriculture.
Values
Core Values
- Integrity and respect
- Innovative with passion
- Professional team
Contact Information
- Address
- No.192 South Beihai Road,Weifang,Shandong,China
- Phone
- +86 536 7527 358
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