Group Profile & Business Layout
Yonghong Group was founded in 1999, with its headquarters located in Yantai Economic and Technological Development Zone, Shandong Province. It covers a land area of over 18,000 square meters, with a total registered capital of nearly RMB 300 million and annual operating revenue exceeding RMB 3 billion. The core business covers sales of Doosan-branded construction machinery and equipment including excavators, loaders, breakers and machine tools, as well as complete-machine components and after-sales services.

Diversified Industrial Layout
Starting from 2007, Yonghong Group expanded its business into engineering construction, real-estate development and sales, and commercial asset management. It has successively developed and invested in landmark projects including Yantai Fushan New-Energy Vehicle Incubation Base, Yonghong·Taoyuanli and Hongfujia·Ideal Town.