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STOCK CODE: 603280SH
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Green Building Material
Processing & Recycling System Provider
Next Forward Lead Global
01
01-36 37-42
02 CONTAbout NFLG NFLG Worldwide CONTENTS
03 04 05
ENTS
The Road to
Advancement
Low Carbon and
Sustainable
Our Customers
43-58 59-63 64-75
fiff Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
50+ years of expertise
National May 1st Labor Medal Winner
National Technical Innovation Expert
Professor-Level Senior Engineer
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Top 50 Innovators in China's Construction Machinery Technology
Top 50 Influencers in China's Construction Machinery Industry
Top 100 Influencers in China Construction Machinery Industry
Leader in the Ready-Mixed Mortar Industry
Outstanding Contributor in the Construction Machinery Industry
on the 70th Anniversary of the Founding of New China
Top 70 Most Influential People in China Industry
Entrepreneur with Outstanding Contribution in Fujian Machinery
Industry during 40 Years of Reform and Opening Up
Qingxi Fang
Founder
NFLG
Accustomed to the sounds of the steel jungle, Mr. Qingxi
Fang finds even the roar of machines pleasant. Sparks
from welding fuel his daily work, and despite his silver
hair, his energy is undeniable. After graduating, Fang
worked as an engineer and later a factory manager for 15
years at the Road Construction Machinery Factory of
Quanzhou Highway Bureau. He pioneered China’s first
double-drum mobile batching asphalt mixing plant and
stabilized soil mixing plant, earning the National \"May 1st\"
Labor Medal in 1987.
However, the allure of the market economy led him to
leave his stable job and pursue entrepreneurship. In 1997,
as Hong Kong returned to China, Fang, at 49, entered the
construction machinery market, passionately handling
design, process, and manufacturing tasks. “I once got a
midnight call from a construction site and, by morning,
had parts ready for delivery on Xiamen Airlines’ first flight,”
he recalls proudly, as NFLG became China’s first to
deliver urgent parts by air.
Fang’s journey has given him deep insights into the industry.
Recognizing the need for vigilance, he shifted to aggregate
production when raw material instability affected value.
Acknowledging a technological gap between China and
the world, he believes that aligning with global standards
drives the fastest growth. Innovation fueled by customer
needs has shown him the essence of persistence: “The road
is long, but keep going, and you’ll reach your destination.”
Mr. Qingxi Fang has been with NFLG for 27 years, focused
on creating future-ready products. Many of the company’s
innovations launched 10-15 years ahead of the market,
facing early challenges in sales. Although team members
occasionally express concerns, Fang reassures them:
“Our products use the most advanced technology and
materials. While others may sell better now, future markets
will favor products built for tomorrow.” His age grants him
calmness; he sees positioning the brand at the low end as
a greater risk than slow sales.
Fang’s dedication embodies the traditional spirit of Fujian,
rooted in craftsmanship. “Our pursuit of craftsmanship
comes from a deep entrepreneurial gene,” he says,
reflecting on his half-century experience. At 70, he remains
at the forefront of R&D, deeply engaged in the field he
loves. Often called the \"Father of China’s Engineering Mixing
Industry,\" Fang views “mixing” as not just his work but his
creative expression.
In November 2022, NFLG strategically transformed again,
successfully listing on the Shanghai Stock Exchange,
gaining access to more resources. Yet, when asked about
the future, Fang’s response remains rooted in his steadfast
philosophy: “Be professional, be specialized, do better, go
further.”
fiffl
BRAND STORY
fifl Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
fiffi
The Zhongshan Aggregate Factory, which provided aggregates for the Hong Kong-Zhuhai-Macao
Bridge deck pavement, was designed by NFLG according to the pavement requirements of the Hong
Kong-Zhuhai-Macao Bridge. It has an extremly high level of aggregate processing technology.
All equipment are from NFLG. This production line can realize aggregate crushing, shaping, screening,
stone power dust removal, stone power control, fine aggregate screening, fine aggregate ratio
adjustment, stone powder collection, fines control, etc., producing products that meet high standard
aggregates required for bridge construction.
Hong Kong–Zhuhai–Macao Bridge
Shenzhen–Zhongshan Link
fi Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
NFLG's concrete mixing plant has been successfully applied to the ShenzhenZhongshan Link, contributing to the smooth completion of one of the most
challenging cross-sea cluster projects in the world.
Lianshiwan Bridge
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NFLG and Poly Changda jointly developed UHPC dedicated
equipment, assisting in the Zhongshan West Ring Highway
with ultra-high performance concrete (UHPC) steel bridge
deck pavement. This innovation, a domestic first, solves the
\"stuck neck\" issue, significantly reduces labor and machinery
costs, boosts efficiency, and achieves a seamless 3mm
flatness breakthrough, addressing the challenge of bridge
deck pavement damage.
fi In 2022, NFLG sand-making plant was selected in C130 ultra-high strength concrete production, which
was used in the Guangzhou New World Zengcheng Development Center project. This marks the first time
in the industry that the most advanced and highest strength C130 ultra-high strength concrete has been
pumped in physical engineering construction.
New World Zengcheng Development Center
C130
Ultra-High Strength Concrete Production
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Efficient service for the world's best - NFLG's concrete mixing plant helps build the
\"world's first arch\" in Guangxi Construction of the Third Pingnan Bridge, which was
completed and put into production in early 2018, and has successfully completed the
arch seats and arch casting tasks of large-volume concrete structures.
The Third Pingnan Bridge
Extreme working conditions witness quality - the application of NFLG asphalt mixing
plant in the world's longest desert highway (Beijing-Urumqi Expressway) has withstood
the challenges of difficult desert construction, large temperature differences, and high
environmental protection requirements with its outstanding environmental performance.
Beijing–Urumqi Expressway
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To become an international enterprise trusted by customers, respected by peers,
and with unique and continuous innovation capabilities.
Committed to becoming a globally leading provider of green building material processing
and recycling system and continuously innovating for the benefit of our customers.
Integrity, respect, focus, responsibility, teamwork, customer first.
Brand Vision
Brand Mission
Brand Values
Globalization, Digital Intelligence, Low Carbon.
Brand Strategy
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Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
01
ABOUT
NFLG
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Company Profile
R&D History
Core Strengths
Our Team
Our Products
Our Services
603280 SH
ffff Fujian South Highway Machinery Co., Ltd. (Stock code: SH, 603280; Hereinafter
referred to as: NFLG) was established in 1997. Based on a deep understanding of
the laws of industrial development and over twenty years of research and
development(R&D), with engineering mixing as its foundation, NFLG has formed
a business pattern driven by the synergy of three major sectors: material
processing, engineering mixing, and solid waste treatment. Creatively, it has
provided the market with comprehensive solutions for green building material
processing and recycling. Meanwhile, NFLG has devoted itself to creating an
Internet of Things(IoT) of intelligent engineering and offering butler service for
operation management to form a complete industry chain of hardware
-software-service. NFLG deeply integrates with clients, providing them with
services that are safer, more efficient, more intelligent and more environmentally
friendly.
3
COMPANY PROFILE
fiff Material Processing fiffl Engineering Mixing fiffi Solid Waste Treatment
Three Sectors Synergy
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
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In the future, NFLG will continue to adhere to a market-oriented approach, keep
innovating, deepen core technologies, and enhance the digital and intelligent
level of products. It will continuously deepen its role as a provider of green
building material processing and recycling system, and adhere to the value of
\"Next Forward Lead Global”. NFLG is committed to becoming an international
company trusted and respected by customers and peers, contributing to the
country's low-carbon and environmentally friendly economy, and giving back to
society with a greater sense of social responsibility.
NEXT FORWARD
LEAD GLOBAL
fffl It covers an area of 160,000 ㎡ and is located in Quanzhou, the \"World Ocean
Trade Center of Song and Yuan Dynasties\". The business culture of \"Only
Through Hard Work Comes Victory\" and the unique religious culture make
NFLG's vision broader and more inclusive. It is ranked among the top 10
Chinese construction machinery companies
The headquarters of NFLG
16
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Covers an area of
160,000 ㎡
TOP10
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Located in Xiantao, \"the place where two rivers meet\", it covers an
area of 200,000 ㎡ and undertakes the production task of equipment
in collaboration with the headquarters.
NFLG Xiantao Industrial Park 20
Covers an area of
200,000 ㎡
1980 1997 2011 ff R&D PROCESS
Capacity-Building Engineering Mixing Material Processing, Solid Waste Treatment 1980
Mr. Fang led engineering team to
develope the first set of doubledrum mobile batch asphalt
mixing plant in China.
1992
China's first mobile stabilized soil
mixing plant.
1994
China's first mobile concrete
mixing plant was successfully
developed.
1997
Fujian South Highway Machinery Co., Ltd.
was founded.
1999
First set of asphalt mixing plant launched.
2002
LB3000 asphalt mixing plant was put into
use. Ship-mounted concrete mixing plant
launched.
2011
The first tracked fully hydraulic
mobile crusher and screen launched.
2012
S3 Series aggregate shaping and
sand making plant launched;
First tower-type V7 dry sand making
plant launched.
2013
The first set of static crusher and
screen launched;
E-series mobile crusher and screen
launched.
2003
The first set of hot recycling mixing
plant launched;
China's first double-spiral concrete
mixer launched.
2004
The first LB4000 asphalt mixing plant launched;
China's first environmentally friendly mixing plant
lunched;
The first dry mortar mixing plant launched.
2005
The first planetary concrete mixer launched.
2009
The first new mobile asphalt mixing plant was
successfully developed, and the first set of
containerized concrete mixing plant launched.
01 02 03
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
2016 2022 2024
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Green building material processing & recycling system
04 05
2016
First C&D waste recycling project launched in Daxing;
First set of integrated (virgin+hot recycling) asphalt
mixing plant.
2018
First set of RAP fine stripping and screening aggregate
recycling plant.
2022
IPO listed in Shanghai Stock Exchange Center.
2023
Vertical Counter-flow integrated(virgin+hot
recycling) asphalt mixing plant launched；
Ultra-fine sand and special mortar integrated
plant launched.
2024
DP series mobile crusher and screen launched.
Engineering Mixing Full-range
CORE STRENGTH
ff ffiContinuously increasing
1200+
（ More than 70 million RMB in 2023 ）
50 million+
（ More than 25% of employees ）
300+
Employees
R&D Expenditure
R&D Staff
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
As a leading enterprise in the domestic
engineering machinery industry, NFLG
uses \"brand + low carbon + intelligence”
to approach the global development.
ff
National Enterprise
Technology Center
（ One of the highest specification
platforms in China ）
（ Earliest in the industry ）
（ Continuously increasing ）
1
ffiContinuously increasing ffiffiffiffiffi
18
（ Continuously increasing ）
400+
（ The only one in the industry ）
1400+ 1
National-Recognition Testing Sites
Postdoctoral Research Station
Patents
Customer Samples
Training Institute
ff OUR TEAM
We have a sound organizational structure, management system and an elite team of
professionals, all of whom will continue to create new energy and vitality for the sustainable
development of the enterprise.
Going Fast Takes One, Going Far Takes a Team.
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Four-Level R&D Structure
4
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NFLG's four-level R&D structure combines internal research teams with academic
and industry integration, as well as external alliances with corporations and
government projects. Through original innovation, integrated innovation,
absorption of advanced technologies, and re-innovation, this structure continuously
strengthens NFLG's technical capabilities.
Additionally, we boldly tackle industry \"bottlenecks,\" pioneering technologies such
as RAP fine aggregate recycling and UHPC high-performance concrete mixing.
Level 1: National Enterprise Technology Center
Level 2: Green Intelligent Equipment Research Institute
Level 3: Intelligent Control Division, R&D Center
Level 4: Eight product divisions
Asphalt Division
Concrete Division
Dry Mortar Division
Mobile Crusher Division
Static Crusher and Screen Division
Aggregate Shaping & Sand Making Division
C&D Waste Division
Sludge Treatment Division
fflff BUSINESS SCOPE
Quarry
01.
Road construction
03.
Minings
02.
Building construction
04.
C&D waste recycling
05.
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Intelligent Control
nI tell gi ent Control
nI
et
ll
gi ent Co
ntrol
Full Lifecycle Service
Full Lifecycle
Service
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Three Major Sectors 3 NFLG has formed a business pattern driven by the synergy of three major
sectors: material processing, engineering mixing, and solid waste treatment.
Creatively, it has provided the market with green building material processing
and recycling system. Meanwhile, NFLG has devoted itself to creating an
Internet of Things(IoT) of intelligent engineering and offering butler service for
operation management to form a complete industry chain of hardware
-software-service. NFLG deeply integrates with clients, providing them with
services that are safer, more efficient, more intelligent and more environmentally
friendly.
fflffl
C&D waste treatment
Static crusher
and screen
Asphalt mixing Dry mortar mixing
Mobile crusher
and screen
Aggregate shaping
and sand making
Residual Sludge Recycling
Washing plants
Comprehensive
Solution Provider
Engineering
Mixing
Material
processing
Solid waste
treatment
Concrete mixing
Asphalt Mixing Plant 14
fflfl OUR PRODUCTS
Series
15 Series
Mobile Crusher and Screen
C&D Waste Recycling 11 Series
Engineering Mixing
Material Processing
Solid Waste Treatment
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
We have a product ecology covering the industrial chain of the three major sectors of engineering mixing,
material processing, and solid waste treatment. The product models are complete and suitable for the
application needs of different scenarios and working conditions in various countries and regions around
the world.
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Concrete Mixing Plant 23 Series
20 Series
Static Crusher and Screen
Washing Plants 8 Series
Dry Mortar Mixing Plant 17
Series
8 Series
Aggregate Shaping and Sand Making Plant
Sludge Treatment 4Series
ffl NFLG Intelligent Green Building Material Factory
3D Digital Twin Visualization System
Big Data Visualization System
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
ffl
yIntegrated Business Management System
Intelligent Crushing
Smart Workbench
(Comprehensive / Dispatching / Weighing / Logistics / Inventory)
Spare Parts Management
Sales Management
Production Management
Equipment Management
Testing Management
Project Management
Metal Detector
Dynamic Health Monitoring
Buffer Silo Level Meter
Manufactured Sand Particle
Shape and Size Analyzer
Intelligent Mixing
Intelligent Recipe Management System
Intelligent Vehicle Queue System
Vehicle GPS System
Ticket Printing and Sorting System
Smart Solid Waste
01
02
03
04
Procurement Management
Financial Management
Material Management
Big Data Analysis
Vehicle Management
System Management
Intelligent Crusher
Intelligent Feeding
Material Level Monitoring
Smart Crushing Management System
Material Level Monitoring System
Intelligent Feeding System
Online Moisture Detection
Online Slump Detection
Intelligent Discharging System
Material Level Measurement
Intelligent Crushing System
Online Moisture Content Detection
Online Conveyor Belt Deviation
Detection
Automatic Sorting Robot
Pneumatic Sorting Robot
Optical Belt Flow Measurement
Intelligent Weighbridge
Automatic Post-site Material
Distribution
Online Fault Diagnosis
ffl FINE WORKMANSHIP AND
INTELLIGENT MANUFACTURE
Quality is the sturdy
belief of NFLG
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
ffl
NFLG keeps repeating the precised manufacturing process to ensure every product withstand the
test in the inspection of the whole production process. While we rely on advanced equipment in the
industry, realize independent process innovation. We also integrate global supply chain resources to
respond faster with shorter lead time. NFLG provide premium equipment for more users at home
and abroad to help users upgrade their careers.
ffl 360,000+m2
Production Base
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
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Professional PDI staff to confirm quality before delivery
01
02
Testing platform available for main unit of equipment in all
production workshops
PDI（Pre Delivery Inspection）
The only one
Domestic introduction of Japanese O-M CNC vertical lathe
Repeat positioning accuracy can reach 0.002mm.
FAR BEYOND THE EXPECTATIONS
SERVICES ALL OVER THE WORLD
industrial service butler
dedicated regional accessories service center
production and operation
Property-style
One-stop
Fully-managed
flff OUR SERVICES
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Our goal is for customers
to feel the service,
not just receive it.
flffl
32
Domestic sales & service
centers
56
Domestic spare parts
centers
16
Overseas sales & service
centers
1
Online spare parts mall
40
Professional installation
teams
800+
Professional installation
staff
We can do more
flfl scheduled in-warranty
inspections
unscheduled visits
to the main service area
4 times
7X24h 2h
N times
Massive machine data collection and analysis, for equipment production and operation insufficiency,
provide customized overall solutions for operation cost reduction, efficiency enhancement and
upgrading services to improve equipment performance and production efficiency.
Equipment Retrofit and Planning
responsible for the installation and commissioning of equipment, ensure that the equipment is put
into production smoothly, and provide operation, maintenance and other services.
Installation, commissioning and maintenance
Regular maintenance of equipment to ensure stable equipment performance.
Maintenance and upgrading
provide 24-hour online technical support to solve problems encountered by customers in the
production process at any time to ensure the smooth progress of production
Technical support and emergency response
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
online customer service
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High Quality
Service
NFLG Service center adheres to the service attitude of
“serving thousands of miles, despite of day and night\",
insists on both products and services, and provides
high-quality equipment and continuously improving
industrial services to customers around the world. Serving
thousands of miles, not afraid of mountains and rivers, all
efforts of thus only creates more value for customers!
fl ENTERPRISE HONOR
National enterprise
technology center
Postdoctoral
research
workstation
Champion of drymortar manufacturing
industry
Top 50 global
Construction machinery
manufacturers
PLUS
TOP10
Specialized manufacturers
of construction
machinery in China
TOP10
Road equipment
manufacturers in
the Chinese market
Influential brand in
the ready-mixed
mortar industry
National high-tech
enterprise
TOP10
China concrete machinery
user attention
brand ranking Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
fl
As of October 2024, we have accumulated
1491
patents
487
invention patents
952
utility patents
52
appearance patents
TECHNICAL ACCUMULATION
fl 02
NFLG WORLDWIDE
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
fl
Fully Prepared & Globally Advanced
NFLG has aimed at the global market and taken the road of technology
introduction and innovation from the initial phase, which has prompted NFLG's
product level to always be ahead of the domestic level and comparable to the
international level. At present, NFLG's equipment and solutions have been
distributed home and abroad, and have provided and created value for customers
in more than 70 countries and regions around the world.
Overseas business for over 20 years,
NFLG products cover more than
70 countries and regions
fl 70+
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Brand expansion overseas is a new engine of economic development and a necessary path
for NFLG's development strategy.
We have deeply implemented the ”Belt and Road“ initiative and the ”Brand Going Global\"
strategy, and have reached a new milestone in the domestic and international markets of
NFLG.
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NFLG always hopes to realize the global distributor development plan through the
greatest openness, inclusiveness and friendliness. We pursue partners with the
same values and achieve a long-term win-win corporation with our derlers under
the premise of equality, respect and mutual trust. NFLG has continuously
cooperated with more partners to build an international manufacturing, sales and
service network. The distributor system of NFLG has become one of the main
business models of NFLG, realizing channel coverage and seamless docking.
NFLG desires to accelerate the construction and improvement of an organically
interconnected and mutually supportive product ecosystem and global marketing
service network with global dealers, and captures an in-depth understanding of the
needs and features of foreign markets, so as to provide users with products and
services that are closer to the “local needs” of various countries and regions.
ffiff
Global Distributor Expansion Plan
Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
Since the launch of the global distributor development plan in 2007, NFLG is committed to building a
closer, efficient, sustainable and mutually beneficial global marketing network. In the 20 years of
development, NFLG has built a developed distributor sales and service model in China, Russian-Speaking
region, the Middle East, Southeast Asia, East Asia and other regions, and gradually continues to build
a sales network in developed regions such as Europe and the United States.This process not only
promotes the rapid expansion of the brand on a global scale, but also creates greater business value
for distributor partners.In the future, NFLG will continue to optimize this plan, explore more innovative
cooperation models, and work with global distributors to create brilliance.
A Close, Efficient, Sustainable, and Mutually
Beneficial Global Marketing Network
ffiffl
As a R&D-oriented publicly listed company, after more than 20 years of hard
work and deep cultivation, NFLG has gradually become a globally green building
material processing & recycling system provider, starting from the field of
engineering mixing and driving in concert with the material handling and solid
waste treatment sectors. Technological leadership and process revolution have
prompted NFLG business perspective to shift to a product and service mindset
with “customer needs” as the core. The overall solution services will meet the
broader meaning of value creation.
03
NFLG'S PATH TO
ADVANCEMENT
Innovation Upgrade ×
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Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
ffiffi
Mixing is like a mountain,
leading the path up to top.
ffi Research-Driven Enterprise | Specializing in the Full Industry Chain for Nearly 30 Years
