All quiet at Shangli

News Story
- 7 Apr 2016 ( #764 ) - Shanghai, China
1 min read
Shangli launched its H series in 2013
Shangli launched its H series in 2013
Chinese manufacturer Shangli appears to have halted business operations.

Industry sources have told Forkliftaction News that Shangli's factory has closed and that an official bankruptcy announcement is expected soon.

It is understood that Shanghai Shangli Heavy Industry Co., Ltd. (SAL Group) was badly affected by slowing export sales and loss of marketshare in the domestic market.

Shangli's website appears to be offline, but according to listings on other sites, the company has distributors in Europe, North and South America, Africa and Australia, where a distributor was appointed just over a year ago.

Shangli Forklifts Australia Pty Ltd was named as the exclusive Australian distributor last April, but could not be contacted by Forkliftaction News.

The last time Shangli was covered in Forkliftaction News was in May 2010, when the company reported 43% growth in exports although it stressed that orders had not returned to pre-GFC levels.

According to its online profile, the Shangli group was involved in materials handling products, gear pumps and construction and engineering machinery.

Its forklift range included IC, battery powered, dual fuel and LPG forklifts "with German technology".
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Previously about:
Shangli details restructure plan News Story - 7 Jul 2016 - Shanghai, China - 1 min read
Shangli restructures after silence News Story - 30 Jun 2016 - Shanghai, China - 1 min read
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Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com