Yongmao Holdings
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.
- Company typePublic
- Founded1992
- HeadquartersFushun, China
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Yongmao Holdings firmographics
Firmographics- 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
Yongmao Holdings industry classification
Industry- 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
Where Yongmao Holdings is headquartered
LocationHeadquarters
- HQ city
- Fushun
- HQ country
- China
- HQ region
- Asia
Offices3 records
Markets served
Yongmao Holdings business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- 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.
- 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
Yongmao Holdings product offering
Product offeringCore 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
Companies that use Yongmao Holdings
Customer profileSegments3 records
Ideal customer profiles2 records
Yongmao Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Yongmao Holdings partnerships and signals
Strategic signalScale indicators5 records
Recent moves10 records
Expansion highlights4 records
Yongmao Holdings competitors and assessment
Company assessmentDirect 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
Yongmao Holdings social profiles
Digital presenceYongmao Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yongmao Holdings leadership team
Management profileNumber of profiles
Profiles5 records
Yongmao Holdings subsidiaries and ownership
Company hierarchySubsidiaries5 records
Yongmao Holdings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yongmao Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yongmao Holdings
What does Yongmao Holdings do?
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.
Is Yongmao Holdings a public or private company?
Yongmao Holdings is a public company. It is classified as public and is currently operating.
When was Yongmao Holdings founded?
Yongmao Holdings was founded in 1992. It employs 501 to 1,000 people.
Where is Yongmao Holdings based?
Yongmao Holdings is headquartered in Fushun, China, in the Asia region.
How does Yongmao Holdings make money?
Two revenue lines are on record. Sale of Tower Cranes and Components are the primary driver. The others are rental and Service Income.
Who are Yongmao Holdings's main competitors?
Direct peers on record are Linden Comansa (Comansa), Manitowoc Company (Potain), Liebherr, Wolffkran and FM Gru (Fangyuan Group). Tat Hong Holdings is listed as an others. Broad incumbents are SANY Heavy Industry, Terex Corporation (Terex Cranes), Zoomlion Heavy Industry Science & Technology and XCMG (Xuzhou Construction Machinery Group).
Does Yongmao Holdings have an API?
No public API is recorded for Yongmao Holdings.
What industry is Yongmao Holdings in?
Yongmao Holdings's product category is Construction Machinery - Tower Cranes. Its primary akta.pro industry code is IMAHAJAB, Tower Cranes, with a secondary code of IMAHAJAK, Crane & Hoist Components (Wire Rope, Chain, Drums, Sheaves, Motors, Controls). Its NAICS code is 33312 and its SIC code is 3530.