Suzhou Hailu Heavy Industry Suzhou Hailu Heavy Industry is a designer and manufacturer of energy-saving equipment. | ![]() Hyster-Yale Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts. | ![]() CITIC HIC CITIC HIC (CITIC Heavy Industries Co., 中信重工机械股份有限公司) is a manufacturer and seller of heavy equipment. | Sinomach Sinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment. | ||
Founding Date | Founding Date 1956 | Founding Date 1989 | Founding Date 1956 | Founding Date 1997 | Founding Date 1958 |
Type | Type Public | Type Public | Type Public | Type Private | Type Public |
Tags | |||||
Locations | Locations Suzhou Shi, CN HQ | Locations Cleveland, US HQ Milperra, AU Prospect, AU Itu, BR Serra, BR Pointe Claire, CA Hangzhou, CN see more | Locations Luoyang, CN HQ Silverwater, AU Cape Town, ZA O Porriño, ES | Locations Beijing, CN HQ Beijing, CN Tianjin, CN | Locations Jiaozuo, CN HQ Neckarsulm, DE Romulus, US |
Employees | Employees N/A | Employees 8,5001% decrease | Employees 6,983 | Employees 120,0002% increase | Employees 5,686 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 1.1 b | Valuation ($) 2.7 b | Valuation ($) N/A | Valuation ($) 496.7 m |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥2.3b (FY, 2025) | Revenue (est.) $3.8b (FY, 2025) | Revenue (est.) ¥8b (FY, 2025) | Revenue (est.) ¥311b (FY, 2024) | Revenue (est.) ¥3.1b (FY, 2024) |
Cost of goods | Cost of goods ¥1.6b (FY, 2025) | Cost of goods $3.1b (FY, 2025) | Cost of goods ¥6.6b (FY, 2025) | Cost of goods ¥277.1b (FY, 2024) | Cost of goods ¥2.5b (FY, 2024) |
Gross profit | Gross profit ¥670.7m (FY, 2025) | Gross profit $632.8m (FY, 2025) | Gross profit ¥1.4b (FY, 2025) | Gross profit ¥33.9b (FY, 2024) | Gross profit ¥814.6m (FY, 2024) |
Net income | Net income ¥419m (FY, 2025) | Net income ($58m) (FY, 2025) | Net income ¥366.3m (FY, 2025) | Net income ¥6b (FY, 2024) | Net income ¥234.5m (FY, 2024) |

Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts.
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CITIC HIC (CITIC Heavy Industries Co., 中信重工机械股份有限公司) is a manufacturer and seller of heavy equipment.
View companySinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment.
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