Yongmao Holdings

What Yongmao Holdings does

Yongmao Holdings Limited is a Singapore-incorporated holding company that designs and manufactures a wide range of tower cranes and tower crane components and accessories. Manufacturing operations are conducted at facilities in Fushun City, Liaoning Province and Beijing City in the People's Republic of China, with a corporate headquarters at 81 Ubi Avenue 4, Singapore. The company has a history tracing back to 1992 and has been listed on the Singapore Exchange (SGX-ST) under ticker BKX since February 21, 2008. Its two core product lines are tower cranes and tower crane components/accessories, with particular emphasis on higher-margin luffing jib models. Subsidiaries include Fushun Yongmao Construction Machinery Co., Ltd. (wholly-owned PRC manufacturing entity), Beijing Yongmao Jiangong Machinery Manufacturing Co., Ltd. (66% owned, Beijing manufacturing), Yongmao Machinery (H.K.) Company Limited (60% owned), Eastime Engineering Limited (Hong Kong engineering, wholly-owned under YMHK), and Yongmao Machinery Pte. Ltd. (Singapore, wholly-owned).

The company operates a hardware-led revenue model with two streams: sale of tower cranes and components (RMB 490.2 million in FY2026) and rental and service income (RMB 273.3 million in FY2026), generating total FY2026 revenue of RMB 763.5 million. Its go-to-market is sales-led through direct sales and distributor networks, serving construction equipment distributors and equipment rental companies in overseas markets (America, Africa, Middle East, Europe, Asia) and construction companies plus equipment rental firms in the PRC. Customer segments are horizontal across the construction value chain rather than concentrated in a single end-user vertical. There are no published pricing models, named end-customer logos, or evidence of subscription or recurring software-style revenue mechanics — income is generated purely from physical equipment sale, rental, and associated services. Recent commercial paper issuance on the SDAX platform indicates ongoing use of short-term working capital debt financing.

Name

Yongmao Holdings

Legal name

Yongmao Holdings Limited

Website

https://yongmao.listedcompany.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Yongmao Holdings Limited designs and manufactures tower cranes and tower crane components at facilities in Fushun and Beijing, China, selling to construction equipment distributors, rental companies, and construction firms across America, Africa, Middle East, Europe, and Asia.

Ownership category

akta.pro rank

Product category

Construction Machinery - Tower Cranes

NAICS

Construction Machinery Manufacturing (33312), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531)

akta.pro primary industry

Tower Cranes (IMAHAJAB)

akta.pro secondary industries

Crane & Hoist Components (Wire Rope, Chain, Drums, Sheaves, Motors, Controls) (IMAHAJAK), Cranes & Heavy Lifting Equipment Rental/Leasing (TLABAFAD)

Keywords

• Tower crane manufacturing
• Construction machinery
• Luffing jib cranes
• Crane rental services
• Tower crane components

Headquarters

HQ city

Fushun

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Sale of Tower Cranes and Components: Revenue from sale of manufactured tower cranes and components. FY2026 sales were RMB490.2 million, down from RMB610.4 million in FY2025 due to lower sales volumes.
2. Rental and Service Income: Revenue from tower crane rental and service operations. FY2026 rental and service income was RMB273.3 million, up from RMB269.9 million in FY2025.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Yongmao Holdings Limited designs and manufactures a wide range of tower cranes and tower crane components and accessories. Manufacturing is conducted at facilities in Fushun City (Liaoning Province) and Beijing City, PRC, with products sold to construction equipment distributors, equipment rental companies, and construction companies across overseas markets and the PRC. The company also generates rental and service income from tower crane operations.

Product overview

Yongmao Holdings Limited operates as a designer and manufacturer of tower cranes and tower crane components and accessories. The company offers two core product lines: tower cranes (the primary product) and tower crane components and accessories. Both product lines are manufactured at the company's facilities located in Fushun City, Liaoning Province, and Beijing City. The company's history traces back to 1992. Products are sold to construction equipment distributors, equipment rental companies, and construction companies in overseas markets (America, Africa, Middle East, Europe, and Asia) as well as the PRC. The company also generates rental and service income.

Differentiator

Problem solved

Functional benefit

Products and services

• Tower Cranes

Quantifiable outcome

• Gross profit margin improved to 29.6% in FY2026 from 28.8% in FY2025 due to favorable sales mix shift with increased sales volume of higher-margin luffing model

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• Linden Comansa (Comansa): Comansa is a long-established Spanish tower crane manufacturer with flat-top and luffing-jib models sold through a global dealer network, directly overlapping Yongmao's product offering and go-to-market.
• Manitowoc Company (Potain): Manitowoc owns the Potain brand, one of the world's leading tower crane manufacturers, directly competing with Yongmao across luffing-jib and flat-top models in global construction markets.
• Liebherr: Liebherr is a major global tower crane OEM with a comprehensive luffing-jib and flat-top product range and worldwide distribution; it competes head-to-head with Yongmao in international markets and in the higher-end luffing-jib segment.
• Wolffkran: Wolffkran is a pure-play tower crane specialist (rental and manufacturing) headquartered in Europe, highly comparable to Yongmao as a focused tower-crane OEM serving construction and rental customers.
• FM Gru (Fangyuan Group): FM Gru / Fangyuan is one of China's largest domestic tower crane manufacturers and a direct PRC-based competitor to Yongmao across flat-top and luffing-jib product lines, serving both the Chinese and export markets.

Others

• Tat Hong Holdings: Tat Hong is Asia's largest crane rental operator and a known substantial shareholder (approximately 20% post-IPO) of Yongmao, making it a key customer/ecosystem participant in the tower-crane value chain rather than a direct OEM competitor.

Broad incumbents

• SANY Heavy Industry: SANY is a diversified Chinese construction-equipment manufacturer whose product range includes tower cranes, positioning it as a broader incumbent competitor with stronger financial and distribution resources than Yongmao.
• Terex Corporation (Terex Cranes): Terex, through its Terex Cranes and previously Demag/Comedil brands, manufactures and distributes tower cranes globally as part of a broader lifting and materials-handling portfolio, competing with Yongmao in international markets.
• Zoomlion Heavy Industry Science & Technology: Zoomlion is a diversified Chinese heavy-machinery major whose crane division (including tower cranes) competes directly with Yongmao in domestic and export construction-equipment markets.
• XCMG (Xuzhou Construction Machinery Group): XCMG is a Chinese construction-machinery conglomerate that includes tower cranes among a broad portfolio of cranes, excavators, and heavy equipment, making it an incumbent that overlaps with Yongmao's PRC and overseas crane business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/delong-holdings-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yongmao Holdings