The Company was incorporated in Singapore on 3 August 2005 as a private limited under the name of Sunfield Investment Pte Ltd. It was converted into a public company on 23 January 2008 and changed its name to Yongmao Holdings Limited.The Group is principally engaged in the design, manufacture and sale of a wide range of towercranes and towercrane components and accessories. The Group also offers technical advice and after-sales maintenance services to its customers. The Group currently offers a variety of towercranes with lifting capacities in the range of 80 to 500 tonne metres and which are broadly classified under the Topless STT series, the ST series, the Luffing STL series and the Derrick Q series.The Group’s towercranes are sold under its brands '??', 'YONGMAO' and 'SUNCRANE' in China and exported by the Groups and or its customers to many countries in America such as the United States and Panama, Africa such as Zambia and South Africa, Middle East such as UAE, Saudi Arabia and Bahrain, Europe such as Belgium, UK and Ukraine and Asia such as Hong Kong, Macau, Singapore, Indonesia, Thailand, South Korea and India.The Group’s main markets are UAE, Belgium, China, Hong Kong, Macau and the United States. The Group’s towercranes are sold mainly to construction equipment distributors and equipment rental companies in the overseas markets and to construction companies and equipment rental companies in China.The Group’s principal operations are currently located in Fushun City, Liaoning Province.