Recently, the electric loader developed and produced by the State Power Investment Corporation (SPIC) and Lonking was launched in Shanghai.

In line with the national strategy of developing green circular economy, the engineering machinery industry is seeking low-carbon, eco-friendly and green development. The strategic cooperation between Lonking and SPIC marks an important step in the electrification of engineering machinery. The launch of this electric loader symbolizes the powerful combination of high-tech power resources and core machine manufacturing technology. Listed in Hong Kong in 2005, Lonking is the first company in China's engineering machinery industry to go public overseas and ranks among the world's top 30 engineering machinery companies. Lonking has not only led the world in sales of loaders for 15 consecutive years, but also achieved all-round development in the major categories of excavators, forklifts, and pavement construction machinery. With a solid foundation of vertical integration model, Lonking has 20 wholly-owned subsidiaries in four bases in Fujian, Shanghai, Jiangxi and Henan. With industry-leading production and manufacturing capacity, it has established complete whole-chain parts supply and service systems.

SPIC is one of the five largest power generation groups in China and one of the Fortune Global 500 companies. The clean energy accounts for 47.18% of its total installed power capacity, showing a clear trend of clean development. With a complete industrial chain and strong technical strength in power engineering construction, manufacturing and operation management of related equipment and materials, SPIC has enhanced cooperation in production capacity and equipment manufacturing, which coincides with Lonking's development philosophy.

The in-depth cooperation between the two outstanding enterprises from different sectors produces this industry-leading electric loader. With the new technology of optimal energy management, this product improves capacity usage and reduces energy consumption. In order to prolong the continuous operation time, it adopts a large-capacity lithium battery with a service life of more than six years, high energy density and long battery life. Its comprehensive performance can reduce the total holding cost and bring greater benefits to customers. This zero-emission, zero-pollution, and low-noise product is friendly to the environment, and conforms to the development trend of ergonomics in terms of comfort, thus improving work efficiency while ensuring the driver's safety and health.

November 2020 marks the 15th anniversary of Lonking's listing in Hong Kong. The electric loader, an iconic masterpiece of engineering machinery technology, reveals Lonking's strong technical R&D capabilities and the superiority of its vertical integration model. It also embodies the green, eco-friendly and innovation-driven development concept of Lonking and SPIC, and the radiance added by the power technology to the industry! In response to the national strategy, the two industry giants have shouldered their responsibilities to lead the electrification of engineering machinery and jointly build a greener future!