百亿市值A股，拟赴港上市！

Group 1 - Company is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and competitiveness [1][4] - Company is a leading player in the domestic bulldozer industry, offering a range of products including bulldozers, road machinery, concrete machinery, loaders, and excavators [4] - The global business expansion faces challenges such as trade protectionism, policy impacts on international market demand, and risks related to foreign exchange and material price fluctuations [5][6] Group 2 - The excavator business is currently facing issues of competition within the industry [7] - Company completed the acquisition of 100% equity in Shandong Heavy Industry Group's subsidiary, which has led to overlapping markets with another subsidiary, Leiwo Engineering Machinery [8][9] - In 2024, the company achieved a revenue of 14.219 billion yuan, a year-on-year increase of 25.12%, with overseas revenue accounting for 57.41% of its main business income [10]