Established in 1969, YGong Group is a large-scale constructionmachinery enterprise specialized in wheel loader manufacturing. Thecompany is one of the four earliest wheel loader manufacturers inChina and has been entitled the Top 500 Enterprises of ChinasMachinery Industry. February 2009, YGong Group was reorganized by Zhejiang XinlongVenture Investment Co., Ltd. and has achieved extraordinarydevelopment.March 2011, YGong and Pinggang (Jiangxi Pinggang Industry Co. Ltd)made powerful cooperation, which is a new push for the leapdevelopment:Set up first-class workshops: the company has established YGongConstruction Machinery Industrial Park at Yichun EconomicDevelopment Zone of Jiangxi Province. Covering an area of 1,320 muwith the floor area of 0.38 million m2, the high standardindustrial park has multiple functional areas for production,office, R&D, training, staff inhabitation, and productdemonstration. With good landscaping, the industrial park providesuperior environment for work, life, and production, and it hasbecome one of the best heavy machinery manufacturing bases andindustrial parks for tourism in China.