| 3-MAJOR-CUSTOMERS |
3-MAJOR-CUSTOMERS |
92%
|
The PRC operating entities had 3 major customers, who in aggregate accounted for approximately $13.9 million, or 71% of the sales, $9.5 million, or 67% of the sales, and $12.0 million, or 75% of sale… |
| CHINA-XCMG-GROUP-WEIFANG-HENGXIN-MACHINERY-CO-LT |
CHINA-XCMG-GROUP-WEIFANG-HENGXIN-MACHINERY-CO-LT |
85%
|
xtensive and diversified manufacturing techniques and facilities to test, design and customize products based on the customers’ demands including bending, cutting, welding, assembling and coating. 64… |
| JINAN-LAINUO-HEAVY-INDUSTRY-CO-LTD |
JINAN-LAINUO-HEAVY-INDUSTRY-CO-LTD |
85%
|
ive advantage, as they are able to leverage our purchasing volume and market insights to obtain more favorable terms from their suppliers and drive procurement savings. The following table sets forth… |
| SHANDONG-DAMING-XIEHE-METAL-TECHNOLOGY-CO-LTD |
SHANDONG-DAMING-XIEHE-METAL-TECHNOLOGY-CO-LTD |
85%
|
ive advantage, as they are able to leverage our purchasing volume and market insights to obtain more favorable terms from their suppliers and drive procurement savings. The following table sets forth… |
| SHANDONG-JIXI-PIPE-INDUSTRY-CO-LTD |
SHANDONG-JIXI-PIPE-INDUSTRY-CO-LTD |
85%
|
ive advantage, as they are able to leverage our purchasing volume and market insights to obtain more favorable terms from their suppliers and drive procurement savings. The following table sets forth… |
| SHANDONG-LINGONG-CONSTRUCTION-MACHINERY-CO-LTD |
SHANDONG-LINGONG-CONSTRUCTION-MACHINERY-CO-LTD |
85%
|
$ (1,892,334 ) (11.8 )% 60 The major customers of the PRC operating entities accounted for approximately $13.9 million, or 71%, $9.5 million, or 67% and $12.0 million, or 75% of sales for the fiscal … |
| SHANGHAI-WANHE-SUPPLY-CHAIN-MANAGEMENT-CO-LTD |
SHANGHAI-WANHE-SUPPLY-CHAIN-MANAGEMENT-CO-LTD |
85%
|
ationship with Shanghai Wanhe Supply Chain Management Co., Ltd. (“Shanghai Wanhe”). Hongli Shandong purchases the raw materials from Shanghai Wanhe under specific purchase contracts. Under these cont… |
| WEICHAI-LOVOL-HEAVY-INDUSTRY-CO-LTD |
WEICHAI-LOVOL-HEAVY-INDUSTRY-CO-LTD |
85%
|
ns and international enterprises such as Weichai LOVOL Heavy Industry Co. Ltd. (“LOVOL”), SUNGJIN TECH CO., LTD (“South Korean VOLVO”), XCMG Group, and new customers associated with Katsushiro Machin… |
| XCMG-AGRICULTURAL-EQUIPMENT-CO-LTD |
XCMG-AGRICULTURAL-EQUIPMENT-CO-LTD |
85%
|
XCMG will serve as a key driver of our business growth over the next five years. Currently, we have ongoing business relationships with several of its subsidiaries, including XCMG Loader Co., Ltd., X… |
| XCMG-FORKLIFT-CO-LTD |
XCMG-FORKLIFT-CO-LTD |
85%
|
XCMG will serve as a key driver of our business growth over the next five years. Currently, we have ongoing business relationships with several of its subsidiaries, including XCMG Loader Co., Ltd., X… |
| XCMG-LOADER-CO-LTD-XCMG-ROAD-MACHINERY-CO-LTD |
XCMG-LOADER-CO-LTD-XCMG-ROAD-MACHINERY-CO-LTD |
85%
|
XCMG will serve as a key driver of our business growth over the next five years. Currently, we have ongoing business relationships with several of its subsidiaries, including XCMG Loader Co., Ltd., X… |
