On August 29, 2016, all employees of Loeb Engine held a flag-raising ceremony in front of the office building. Lan Hong, Vice President of Revo Group, and Lan Hong, General Manager of Lovol Engine , brought together the management team and representatives from various departments and employees to gather together for more than 500 people. To pay tribute to the bright five-starred red flag and Loeb Heavy Industry Flag.

Vice President of Loewo Group and General Manager of Loeb Engine Co., Ltd. Lan Hong speaks at the flag-raising ceremony Vice President of Loewo Group and CEO of Loewo Engine Lan Hong gave a speech at the flag-raising ceremony.

Mr. Lan has always talked about: In the course of 18 years of development, Lovol Group has now developed into a large-scale mechanical equipment manufacturing industry group focusing on the manufacture of agricultural equipment, construction machinery, vehicles, and core components. In the 13th China Top 500 Most Valuable Brands 2016, Revo was ranked No. 76 with a brand value of RMB 40.518 billion. Its brand value increased by RMB 6.962 billion from 2015, and it has grown into the largest agricultural equipment manufacturer in China.

All employees of Lovol Engine held a flag raising ceremony in front of the office building All employees of Lovol Engine held a flag raising ceremony in front of the office building

Loeb Engines is the core component business of Lovol Group. In recent years, with continuous efforts and hard work of all staff, the company's operating performance has been continuously improved. From January to August 2016, the industry environment in which the overall market fell, and the engine business was in the Group. Under the guideline of “Intensional Growth, Structural Adjustment, and Globalization”, we adhere to the management principles of “Transformation and Integrated Growth • Innovation and Revo Industrial 4.0 – Engineering and Quality, Systems and Capabilities” through business transformation, restructuring and management. In January-July, it achieved sales of 26,000 units, and continued to maintain competitive growth. Currently, among tractors equipped with agricultural equipment, the share of tractors is 95%, and the share of wheat machines is 64%.

Looking back at the past, we were filled with emotions. Loevol Engines are able to move forward in a complex and ever-changing competitive environment and achieve one after another business goal. In the future, Loevol Engines will need to give full play to its technological reserves and consolidate the advantages of its internal farm machinery business. At the same time, efforts were made to expand overseas business and export power generation market. From the R&D, procurement, manufacturing, and other aspects of the entire value chain, we intensify the enhancement of product quality, further improve the consistency between the engine and the complete machine, steadily increase the competitiveness of the product market, truly realize interconnection and interoperability, improve work quality and work efficiency, and ensure the business department. 2016 business goals are achieved.

Looking to the future, opportunities and challenges coexist, let us join hands, be brave in reform and innovation, and promote the spirit of teamwork. Use wisdom and unremitting efforts to turn Loeb Engine into a high-tech, globally-operated company and realize the thunder of all of us. Wo dream!

Revo love fund donation ceremony Revo love fund donation ceremony

After the flag-raising ceremony was over, the Loewo Love Fund donation ceremony was held. The members of the Revolt engine operating team and the heads of various departments took office to donate money.

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