Dingli’s Net Profit Up 44.46% to RMB 694 Million in 2019

According to the annual report that released by Dingli, the company's net profit attributable to its shareholders increased by 44.46% year-on-year to 694 million yuan (approx. 98.10 million USD) with basic earnings per share of 2 yuan, a year-on-year increase of 44% in 2019 and the operating income rose by 40% year-on-year to 2.389 billion yuan (approx. 337 million USD).

Dingli has localized the dealerships in overseas markets with a strong focus on equipment rental companies. In 2019, Dingli has stepped into the rental market of Japan with the cooperation and collaboration of Nikken Corporation, the largest aerial work platform rental company in Japan.

Chairman of Dingli, Shugen XU (Middle) with the President of Nikken Corporation (Right)

“We start trying Dingli’s AWP product with small orders in 2016 and received positive feedback from our loyal customers. These have helped us to strengthen the confidence in Dingli and make large purchases of its AWP equipment. ” said Nikken Corporation.

Dingli Onsite Training & Troubleshooting at Nikken Operating Centers of Japan.

Dingli's AWP fleet was being carefully checked by Nikken technicians.

As China’s leading aerial work platform manufacturer, Dingli has established R&D center in Italy in 2016 with 20% share of local telehandler manufacturer Magni and has become the exclusive agent of Platform Basket’s spider platforms in China. In North America, Dingli has taken 25% share of aerial lift manufacturer MEC- California Manufacturing & Engineering Company in 2017 to further expand the market share in the US.

Booth of Dingli at Conexpo 2020