On January 16, 2026, the development of LiuGong’s industrial vehicle business attracted widespread attention. An investor made a significant suggestion to LiuGong on an interactive platform, advising the board to intervene in the forklift business and strengthen its scale, thereby expanding into the fields of driverless forklifts, AGV logistics vehicles, and industrial mobile robots. The investor pointed out that the best option at present is to acquire companies with strong technological reserves, and specifically recommended acquiring Noli Technology. Noli Technology possesses numerous advanced technologies and products, including its omnidirectional heavy-duty coil handling robot, which can carry 3-40 tons and operates with a light and smooth motion, seemingly dancing a waltz. The application of this technology is expected to change the operating mode of port cargo yards. In addition, there are other advanced products such as the Nobo robotic body. The investor stated that LiuGong currently lags significantly behind Noli in terms of technology. Noli’s market capitalization is only slightly over 6 billion yuan, but its sales revenue is expected to exceed 10 billion yuan in 2026, with a price-to-earnings ratio of less than 12. Furthermore, it can control Zhongding Integration, which is about to be listed in Hong Kong. In response to this investor’s question, LiuGong issued a statement. LiuGong expressed its gratitude for the investor’s suggestion. The company’s industrial vehicle business has maintained a steady growth trend in recent years, with electrified products and international business showing particularly high growth rates and excellent development prospects. At the same time, LiuGong is firmly implementing its “Comprehensive Digitalization and Intelligence” strategy. On the manufacturing side of its entire product line, LiuGong is gradually deploying industrial robot businesses such as industrial robot integration systems, intelligent warehousing equipment, intelligent logistics equipment, and automated production line auxiliary equipment. This series of deployments is to lay a solid foundation for achieving the 15th Five-Year Plan strategic goals. This strategic deployment by LiuGong is of great significance. With the continuous development of technology, the intelligentization and automation of the industrial field has become an unstoppable trend. The electrification and internationalization of the industrial vehicle business meet the needs of global environmental protection and market expansion. The development of its industrial robot business will further improve LiuGong’s production efficiency and product quality, enhancing the company’s core competitiveness. Looking ahead, we await to see if LiuGong can achieve greater breakthroughs in its industrial vehicle and industrial robot businesses. Whether adhering to its own development strategy or considering acquisition proposals from investors, LiuGong needs to continuously explore and innovate in the fierce market competition to adapt to market changes and demands, achieving sustainable development.
LiuGong’s industrial vehicle business is performing steadily, while it is advancing the digitalization and intelligentization of its industrial robot business.
Investors have suggested that LiuGong acquire Noblelift to strengthen its forklift business and venture into areas such as autonomous forklifts; in response, LiuGong stated that its industrial vehicle business is performing well and that it is implementing a "comprehensive digital and intelligent" strategy to develop its industrial robotics business.
