On November 4, 2025, LGMG Machinery Brazil Ltda. celebrated its grand opening in Indaiatuba, São Paulo, marking a significant milestone in LGMG's globalization strategy and deepening its presence in the South American market. Mr. Zhi Kaiyin, Chief Strategy Officer of LGMG, led the delegation and joined 150 Brazilian customers to witness this memorable occasion, creating an exceptionally vibrant atmosphere.

As the economic heart of Brazil, São Paulo offers a robust industrial foundation and a well-developed transportation network, providing ideal conditions for the subsidiary's operations. The subsidiary will focus on a comprehensive and targeted business scope, covering LGMG's core product lines and delivering complete equipment solutions for the mining and aerial work platform sectors.

To ensure timely and efficient customer support, the subsidiary has established a local parts warehouse. Stocked with a broad inventory of common components, this warehouse forms the backbone of a highly responsive service network. It enables faster parts supply and significantly enhances the overall customer service experience.

The opening ceremony drew attendees from a wide range of industries throughout Brazil, including representatives from major mining corporations and construction enterprises. One representative from a leading Brazilian mining company commented, “We have long anticipated LGMG establishing a subsidiary in Brazil. This will streamline equipment procurement and enhance after-sales support. LGMG's mining equipment has demonstrated outstanding performance at our sites, and we are confident the subsidiary will bring even stronger collaboration.”

During the ceremony, Mr. Zhi Kaiyin delivered a keynote speech, extending a warm welcome and sincere gratitude to all attendees. He likened the opening to “a seed planted by LGMG in Brazil – it needs sunlight and rain, but even more, our collective care and nurturing.” This vivid metaphor underscores LGMG's long-term commitment to the Brazilian market. He emphasized that LGMG is dedicated to growing together with Brazil and its customers, achieving mutual success. Through such long-term efforts, LGMG aims to strengthen its partnership with local clients and contribute to Brazil's economic development.

The establishment of the Brazil subsidiary holds multiple strategic benefits for LGMG. On one hand, it provides a solid platform to serve local Brazilian customers with tailored solutions based on a deeper understanding of their needs. On the other hand, it reinforces customer confidence: the local parts warehouse ensures stable and timely product and parts supply; the efficient service network enhances after-sales responsiveness; and improved technical support offers greater peace of mind. All these factors make partnership with LGMG more secure and reliable.

Additionally, by leveraging Brazil's geographical advantages, LGMG is well-positioned to expand into neighboring South American markets. As a key country in the region with excellent logistics connections, Brazil will serve as a strategic hub for LGMG to extend its products and services across South America, laying a strong foundation for further regional growth.