Foton Lovol International Heavy Industry Co., Ltd. (Foton Lovol) is a leading manufacturer of construction machinery, agricultural equipment and vehicles. Its revenue in 2012 reached RMB 17.76 billion. In 2012, Foton Lovol brand value climbed to RMB 17.736 billion, ranking the 64th among China's top 500 most valuable brands by virtue of its outstanding performance in "Essential growth, structural adjustment and globalization". The Company has been identified as the "national key high-tech enterprise" its engineering and technology research institute as the "nation-certified enterprise technology center", and moreover, its leading products have been awarded as "Chinese famous brands", "well-known trademarks in China" and "most competitive brands on the market"