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▶ Participates in economic delegation and explores ways to expand bilateral cooperation at the Korea–Philippines Business Forum
▶ Pays tribute at Korean War Memorial… Inspects HD Hyundai Philippines Shipyard and encourages local employees
▶ HD Hyundai Heavy Industries contributes to Philippine naval modernization with orders for 12 naval vessels and establishment of a logistics support center
SEOUL, South Korea, March 6, 2026 /PRNewswire/ -- HD Hyundai Chairman Chung Kisun has stepped forward to play a bridging role in strengthening ties between Korea and the Philippines.
HD Hyundai announced on March 5 that Chairman Chung, who is currently visiting the Philippines as part of the Korean government's economic delegation, paid tribute at a Korean War memorial, attended the Korea–Philippines Business Forum, and inspected HD Hyundai Philippines Shipyard (HD Hyundai Philippines).
On March 4, Chairman Chung first visited the Korean War Memorial located at the Libingan ng mga Bayani (National Heroes' Cemetery) in Manila and laid flowers in tribute. During the Korean War, the Philippines was the first Asian country to organize and deploy a combat unit, sending the largest contingent of troops among Asian nations—7,420 personnel.
Earlier that morning, he attended the Korea–Philippines Business Forum, jointly hosted by the Federation of Korean Industries (FKI) and the Philippine Chamber of Commerce and Industry (PCCI), where participants discussed concrete measures to expand economic cooperation between the two countries.
On March 5, Chairman Chung visited HD Hyundai Philippines in Subic Bay, where he toured the construction site of a new employee dormitory and the shipyard, while encouraging employees working at the site.
"We will take even greater care to ensure quality housing, health care, and safety for workers. Above all, I ask that you always place safety first and do your best in your respective roles," said Chairman Chung during a luncheon with local employees.
Meanwhile, HD Korea Shipbuilding & Offshore Engineering—the intermediate holding company for HD Hyundai's shipbuilding businesses—signed a lease agreement in May 2024 with Cerberus Capital Management for part of a shipyard site in the Philippines, leading to the establishment of HD Hyundai Philippines.
In September last year, with Philippine President Ferdinand Marcos Jr. in attendance, HD Hyundai Philippines held a steel-cutting ceremony for the construction of its first vessel—an 115,000-ton petrochemical product carrier.
Since 2016, HD Hyundai Heavy Industries has secured orders for a total of 12 naval vessels from the Philippines, playing a leading role in the modernization of the Philippine Navy. In addition, the company established a logistics support center in the country in 2022 and has been carrying out maintenance, repair, and overhaul services for naval vessels, including previously delivered frigates and corvettes.
"HD Hyundai has gone beyond a simple business partnership with the Philippines to serve as a key bridge promoting friendship between the Republic of Korea and the Philippines. We will continue to build deep trust with the Philippines with pride in representing Korea," said Chairman Chung.
▶ Participates in economic delegation and explores ways to expand bilateral cooperation at the Korea–Philippines Business Forum
▶ Pays tribute at Korean War Memorial… Inspects HD Hyundai Philippines Shipyard and encourages local employees
▶ HD Hyundai Heavy Industries contributes to Philippine naval modernization with orders for 12 naval vessels and establishment of a logistics support center
SEOUL, South Korea, March 6, 2026 /PRNewswire/ -- HD Hyundai Chairman Chung Kisun has stepped forward to play a bridging role in strengthening ties between Korea and the Philippines.
HD Hyundai announced on March 5 that Chairman Chung, who is currently visiting the Philippines as part of the Korean government's economic delegation, paid tribute at a Korean War memorial, attended the Korea–Philippines Business Forum, and inspected HD Hyundai Philippines Shipyard (HD Hyundai Philippines).
On March 4, Chairman Chung first visited the Korean War Memorial located at the Libingan ng mga Bayani (National Heroes' Cemetery) in Manila and laid flowers in tribute. During the Korean War, the Philippines was the first Asian country to organize and deploy a combat unit, sending the largest contingent of troops among Asian nations—7,420 personnel.
Earlier that morning, he attended the Korea–Philippines Business Forum, jointly hosted by the Federation of Korean Industries (FKI) and the Philippine Chamber of Commerce and Industry (PCCI), where participants discussed concrete measures to expand economic cooperation between the two countries.
On March 5, Chairman Chung visited HD Hyundai Philippines in Subic Bay, where he toured the construction site of a new employee dormitory and the shipyard, while encouraging employees working at the site.
"We will take even greater care to ensure quality housing, health care, and safety for workers. Above all, I ask that you always place safety first and do your best in your respective roles," said Chairman Chung during a luncheon with local employees.
Meanwhile, HD Korea Shipbuilding & Offshore Engineering—the intermediate holding company for HD Hyundai's shipbuilding businesses—signed a lease agreement in May 2024 with Cerberus Capital Management for part of a shipyard site in the Philippines, leading to the establishment of HD Hyundai Philippines.
In September last year, with Philippine President Ferdinand Marcos Jr. in attendance, HD Hyundai Philippines held a steel-cutting ceremony for the construction of its first vessel—an 115,000-ton petrochemical product carrier.
Since 2016, HD Hyundai Heavy Industries has secured orders for a total of 12 naval vessels from the Philippines, playing a leading role in the modernization of the Philippine Navy. In addition, the company established a logistics support center in the country in 2022 and has been carrying out maintenance, repair, and overhaul services for naval vessels, including previously delivered frigates and corvettes.
"HD Hyundai has gone beyond a simple business partnership with the Philippines to serve as a key bridge promoting friendship between the Republic of Korea and the Philippines. We will continue to build deep trust with the Philippines with pride in representing Korea," said Chairman Chung.
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HD Hyundai Chairman Chung Kisun Takes Lead in Bridging Korea and the Philippines
HD Hyundai Chairman Chung Kisun Takes Lead in Bridging Korea and the Philippines
LAS VEGAS, March 6, 2026 /PRNewswire/ -- LiuGong (000528.SZ) presented 13 machines across multiple product lines at CONEXPO-CON/AGG 2026 under the theme "Tough Customers. Tough Equipment," covering applications from urban construction to quarrying, mining, and large-scale infrastructure projects.
Electric Solutions for Lower Operating Costs
Among the featured machines were the zero-emission 922FE excavator, 870HE & 820TE wheel loaders, representing LiuGong's expanding electric portfolio in the American market. These machines offer more than 40% lower operating costs through reduced wear parts, fluids and filters, and simplified maintenance. Their quiet operation and instant torque make them suitable for urban construction, demolition, and emissions-sensitive public sector projects.
LiuGong electric equipment now operates in over 60 countries, with cumulative sales exceeding 60,000 units.
Diesel Equipment for High-Production Applications
For heavy-duty applications, LiuGong showcased the 952F excavator and 856T wheel loader powered by Cummins Tier 4 Final / Stage V engines. Designed for quarrying, mining, and large-scale infrastructure projects, these machines emphasize durability and continuous operation in demanding and remote environments.
Precision Equipment That Protects Project Margins
LiuGong also presented specialty equipment such as the 4215D motor grader and 6608F roller, highlighting its capabilities in precision grading and compaction. Advanced grading accuracy and integrated compaction technologies help reduce rework associated with material removal, pavement replacement, and crew remobilization, enabling customers to maintain schedules and control operating costs.
Unified Equipment Ecosystem
The addition of the TD16N Dozer completes LiuGong's product coverage across major earthmoving categories. Standardized telematics and diagnostic systems enable consistent monitoring and service support across multiple machine types, simplifying fleet management and aftersales operations.
Customer Engagement
In addition to the equipment display, LiuGong hosted its onsite podcast series "Tough Customer Talk" at Booth F18033, featuring customers and dealers sharing real-world experiences and insights into LiuGong machines' performance, reliability, and their business impact.
"Tough customers don't have time for complexity," said Andrew Ryan, President of LiuGong North America. "They need one partner they can rely on for the entire job—from the first dig to the final grade. Our goal is to deliver durable, efficient equipment supported through a unified service network."
Creating Value Through Cooperation
Four days prior to CONEXPO-CON/AGG, LiuGong North America held a two-day dealer conference, bringing together local dealers to discuss industry trends and future development strategies. Dealer representatives were also invited to share their market practices and success stories. The in-depth exchanges further strengthened partnerships and laid a solid foundation for continued market expansion.
On Mar.4, LiuGong and Cummins marked 30 years of global cooperation. To date, more than 300,000 LiuGong machines worldwide have been equipped with Cummins engines, while Guangxi Cummins has produced over 300,000 engines since its establishment, reflecting the strength of the long-standing partnership.
Commitment to the American Market
On March 2, LiuGong held a press conference attended by nearly 50 prominent industry and mainstream media outlets. Luo Guobing, President of LiuGong; Li Dongchun, Vice President of LiuGong; and Andrew Ryan, President of LiuGong North America, announced the company's latest strategy and field questions from the press regarding industry trends and future development plans. Through its expanded portfolio and customer-focused engagement, LiuGong reaffirmed its long-term commitment to the local market. The company will continue to broaden its offerings to meet evolving jobsite requirements, delivering reliable and comprehensive solutions for a wide range of applications.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
LiuGong at CONEXPO 2026 | Electric and Integrated Solutions
