Yongmao's cranes soaring far and wide
They can be found in Belgium and the UK as well as Australia and Singapore. By Cai Haoxiang
IN the lobby of the headquarters of cranemaker Yongmao Holdings sits three sleek Harley-Davidson motorcycles owned by Yongmao founder and executive chairman Sun Zhao Lin.
Mr Sun, who loved motorbikes in his younger days but could not afford a Harley, said he is too old now to ride them around town.
"They are for my employees to recognise the quality in every screw, every bar, to show them how we need to be serious and careful in our work," he tells The Business Times in Mandarin.
With China's economy slowing down and fears increasing of a property market crash, an S-chip making tower cranes to service the construction sector might be the last stock that investors look at.
Yet, the family-owned, Singapore Exchange-listed firm based in Fushun in China's north-eastern Liaoning province has been quietly picking up steam. It is exporting more cranes to markets around the world a…
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