The subject of this profile is Shantui Construction Machinery Co. Ltd, or Shantui for short. The company is the largest crawler dozer manufacturer in China and has grown into a major global supplier. It is the core operating unit of the Shandong Heavy Industry Group Co. Ltd (or SHIG), and its four traditional product areas are crawler dozers, road machinery, undercarriage products and structural parts for construction equipment.
It is now also actively expanding into new product areas such as wheeled loaders, concrete machinery and lifting equipment. Off-Highway Research has profiled Shantui on a number of occasions in the past, in 2003, 2005, 2008, 2015 and 2021, during which time the company has experienced rapid development and significant changes in its company structure, product portfolio and manufacturing capacity.
2022 was a turning point and significant during the Shantui’s development history when it officially ended the 27 year joint venture co-operation with Komatsu, and extended its manufacturing footprint to include a range of wheeled loaders through the acquisitions of Shandong Degong Machinery and Dezhou Degong Machinery.
The purpose of this profile is to identify the changes that have taken place since the last publication, and outline the medium and long term development plans of the company.
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Chinese Company Profile: Shantui December 2022
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Chinese Company Profile