Shandong boasts a sound whole industrial chain for construction machinery with a huge number of supporting enterprises, where leading manufacturers and local suppliers form a mature supporting system, achieving a high local supporting rate for core parts and components. Key components including engines, hydraulic parts, casting and tires are independently supplied in the province, which greatly shortens the product R&D cycle, guarantees stable product quality and realizes efficient collaborative production. Meanwhile, benefiting from large-scale production and industrial cluster effects, Shandong's excavators and loaders feature prominent cost-effectiveness and strong market competitiveness. With equivalent performance and durability, the products have obvious price edges compared with European, American and Japanese brands; strict cost control and standardized production further stabilize product costs, enabling diversified price gradients to meet the procurement demands of different overseas markets and customer groups.
