According to the latest data obtained from Lonking Holdings Limited (“Lonking”), Chinaforklift.com (www.chinaforklift.com, English version: www.forkliftnet.com) reported that the overall sales revenue of Lonking in 2010 reached 88.43 million dollars (RMB 585.65 million Yuan in accordance with the exchange rate between Dollar and RMB 1:6.6227 till the Dec. 31, 2010 in the People’s Bank of China). 

Therefore, Lonking by the sales revenue of 88.43 million dollars surpassed the German forklift manufacturer Hubtex which got the sales revenue of 75.00 million dollars, squeezing the company out of No. 18 and entering the ranking table of World Top 20 Lift Truck Suppliers. 

After modifying the related data from overseas media and offering correct and accurate data, Chinaforklift.com (www.chinaforklift.com, English version: www.forkliftnet.com) issued the new ranking list of 2010 World Top 20 Lift Truck Suppliers.

Seeing from the list, there were five forklift manufacturers in China entering world top 20 suppliers, respectively Heli, Hangcha, Tailift, Lonking and Dalian Forklift, among which Heli stably stayed to be one of the top 10 lift truck suppliers in the world.

Along with the annual increasing rate of nearly 30% in the forklift industry in China, more Chinese forklift manufacturers would shine on the international stage, which was another sign that the blue print of China to be the global forklift plant in the future was gradually formed.

About Lonking

Lonking Holdings Limited (“Lonking”) started its business in 1993. It has experienced a rapid growth rate (averagely 43%) for more than ten years and now become one of the largest manufacturers of construction machinery in China. Lonking has facilities located in Shanghai, Fujian, Jiangxi and Henan for developing and manufacturing of wheel loader, roller, excavator, forklift, motor grader, agricultural machinery and components. The main product – wheel loader has been awarded as “China Top Brand”. The company has ranked at the first place in the world in terms of sales quantity of wheel loader since 2006. In November 2005, the company got listed on the Main Board of the Stock Exchange of Hong Kong Limited. It is the first case of overseas listing in China’s construction machinery sector.