In November 2024, there was great news in the global construction machinery industry: Qingdao Kotai Heavy Industry Machinery Co., Ltd. was successfully selected as one of the "Top 50 Global Construction Machinery Specialized Manufacturers in 2024" with outstanding technological innovation capabilities and professional manufacturing level, ranking 13th. This honor is not only a high recognition of Kotai Heavy Industry's more than 20 years of deep cultivation in the industry, but also marks the continuous rise of China's construction machinery enterprises in the global industrial chain.
Deeply cultivating professional fields and forging technological leadership advantages
As a national high-tech enterprise, a gazelle enterprise in Shandong Province, and an invisible champion enterprise in Qingdao, Kotai Heavy Industry has been focusing on the research and development of road construction machinery and high-end structural components since its establishment in 2003. The company adheres to the core concept of "technology driven leadership" and has built a first-class R&D center and testing base in the industry. It has completed more than ten high-tech projects and multiple products have passed international advanced level appraisal. Its leading product, the fully hydraulic roller, is based on European and American technology, forming four series of more than 60 models covering 4 tons to 30 tons. Its sales and export volume have been among the top in China for many years, and it has been exported to more than 30 countries and regions such as Russia, Saudi Arabia, Brazil, etc., becoming the preferred brand for major projects at home and abroad.
The technological breakthroughs of Kotai Heavy Industry are not only reflected in the product side, but also lead the industry's technological innovation by participating in the formulation of national standards for "vibratory rollers" and industry standards for "tire rollers". The company has successively won honors such as the "Top 50 Annual Products of China Construction Machinery" Technology Innovation Gold Award and the Golden Mouth Monument Award. Its independently developed KP267H fully hydraulic tire roller and other products have become industry benchmarks with intelligent and efficient characteristics.
Layout the global market and demonstrate international competitiveness
In recent years, Kotai Heavy Industry has accelerated its internationalization strategy and showcased its latest technological achievements to global customers by appearing at international exhibitions such as bauma CHINA 2024. At the booth of Shanghai New International Expo Center, Kotai Heavy Industry made its debut on the international stage with a full range of road construction machinery and high-end structural components. Its intelligent and green solutions attracted professional visitors from 32 countries and regions to stop and negotiate. Mr. Yao Luting, the General Manager, stated that participating in international exhibitions is an important step for Kotai Heavy Industry to deepen global cooperation and expand its market territory. In the future, it will continue to increase investment in overseas markets and serve global infrastructure construction with high-quality products.
Empowering innovation with policies, working together towards the future
The leapfrog development of Kotai Heavy Industry cannot be achieved without the support of national policies and financial institutions. As a key science and technology innovation enterprise in Qingdao, the company continues to enjoy policy dividends such as additional deduction of research and development expenses and tax reduction for high-tech enterprises. Since 2024, it has accumulated over 2 million yuan in tax benefits support. At the same time, financial institutions such as Postal Savings Bank of China provide customized financing solutions for enterprises through a "chain service" model, helping them upgrade their technology and expand their production capacity.
Looking ahead to the future, Kotai Heavy Industry will continue to uphold the development concept of "quality leads the future", accelerate the transformation towards intelligence and green, lay out high-end equipment fields such as asphalt mixing stations and milling machines, and strive to become a world-class road construction machinery solution service provider. The company plans to achieve an annual sales target of 10 billion yuan by the end of 2027, further consolidating its competitiveness in the international market.
This selection as one of the top 50 global specialized manufacturers of construction machinery is not only a milestone in the development process of Kotai Heavy Industry, but also a microcosm of China's construction machinery industry's leap from "manufacturing" to "intelligent manufacturing". Against the backdrop of global economic recovery and infrastructure wave, Kotai Heavy Industry will use technological innovation as the engine and work together with industry partners to draw a new blueprint for the high-quality development of the construction machinery industry.
