# Shandong Shitian Heavy Industry invests 600M yuan in excavator project

Shandong Shitian Heavy Industry Co., Ltd. is investing 600 million yuan in an excavator project in Jining High-tech Zone. The project covers 150 mu and focuses on new energy hybrid excavators.

- Type: Investment
- Announced: 2025-04-29
- Where: Jining High-tech Zone, Shandong, China
- Value: $83.0M (600.0M CNY)
- Status: under construction
- Products: excavators, new energy hybrid excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shandong Shitian Heavy Industry Co., Ltd.](https://endata.com/companies/39670.md)

## Sources

- [shitianmachine.com](https://www.shitianmachine.com/company-news/jining-high-tech.html), 2025-05-13: "The new energy hybrid excavators developed by the company have a measured fuel-saving rate of 30% during construction operations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.