Foton: Cut-in Overseas Market from High Point

Benefiting from the advanced technology and supply chain system of synchronous world, Foton's large and middle-scale tractors, combine harvesters, loaders, excavators and rotary drilling rig, etc. full series product platforms have cut-in overseas market in short 3 year, The products have expanded to 90 of countries or regions in the world. In 2007 the oversea sale income was one billion, compared with the last year the increasing rate was 100%, In the same industry its export amount of large-and middle-scale tractors is the first. Additionally many oversea manufacture bases are under way.

"Four countries and four parties" international technical strategy cooperative consists of Chinese Foton and other three countries(Germany, Italy, Britain)and their three companies. Based on the agreement, Foton Lovol and 3 signing-agreement international magnates will commonly cooperate, mutually support, and commonly enjoy result in the R&D and supply to seize international high-end market Additionally Foton Lovol establishes two Europe-America technical integration centers that own first-rank specialist team and R&D equipment respectively in America and Italy. It will cooperate with the institutions engaging production, university and research including the internationally mechanical magnate, Liebherr, to follow the internationally advancing technology. On the base of achieving multiple technical achievements and possessing full independent intelligent rights the large power Foton Lovol Europard TN 2654 tractor that has broken foreign monopolist will integrate the resources of multiple countries in parts and components to make its products become"the global machine "once go down production line and to make its technical level fully synchronize with the international high-end tractor technical level. That marks Foton has possessed the strength to contend against the advanced technology of Europe-America famous brands in the field of tractor manufacture. The input of Foton Lovol in new product R&D continuously holds more than 5% of yearly sale income and the contribution rate of yearly developing new products to the sale income holds more than 40%. The Lovol Research Academy of Engineering Technology has been obtained the national-class quality authentication and the company has been approved by the Scientific & Technical Ministry as a national major high-new technical enterprise.

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