Traded as SZSE: 000680 Revenue US$2.3 billion (2011) Headquarters China | Products Construction equipment Website en.shantui.com Founded 1980 | |
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Stock price 000680 (SHE) CN¥ 7.06 -0.28 (-3.81%)31 Mar, 3:59 PM GMT+8 - Disclaimer Subsidiaries Shandong Shantui Construction Machinery Import & Export Co., Ltd. | ||
Shantui in 2016
Shantui Construction Machinery Co., Ltd. is a Chinese construction equipment maker, and a subsidiary of Shandong Heavy Industry. The core product line is bulldozers but in past years the company has expanded beyond reliance on a single product through an acquisition strategy.
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Shantui high horsepower bulldozers
Bulldozers
The company is known as the bulldozer king in China, holding 40% of the domestic market in 2006. The company went on in 2010 to become the largest producer of bulldozers, making over 10,000 units that year or 2 in 5 crawler-type dozers made in the world. The next largest producer by number of units is Caterpillar Inc.
Shantui has increasingly developed bigger dozers, capable of competing against the large products made by Caterpillar Inc. and Komatsu. The upgrades to the Shantui dozer line was identified by the New York Times as one of the primary concerns for Caterpillar's business in Russia.