XCMG and Sinopec Strengthen Partnership to Bring Star Crawler Cranes
XUZHOU, China, Sept. 30, 2020 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE:000425) has marked a new milestone in its 10-year strategic partnership with Sinopec with the official delivery of XGC12000 crawler crane at XCMG's intelligent manufacturing base for crawle...
XCMG Introduces Sustainable, Eco-friendly Pavement Maintenance Technology
XUZHOU, China, Sept. 28, 2020 /PRNewswire/ -- Leading construction machinery manufacturer XCMG(SHE: 000425) has successfully applied cold in-place recycling technology with foamed asphalt (the "Technology") on the maintenance project of G239 national highway section in Xinzhou, Shanxi Province. ...
XCMG Diversifies Equity Ownership, Opening up 49% Equity to Unleash Market Potential
* Transfers 5.4-billion-yuan worth of equity (US$791 million) to three state-owned holding enterprises: Jiangsu Guoxin Investment Group Limited, CCB Financial Asset Investment Co., Ltd. and BoCom Financial Assets Investment Co., Ltd. * Signs capital increase agreement with 12 strategic invest...
XCMG's Product Evaluation Team Completes First Round of Product Review
XUZHOU, China, Sept. 14, 2020 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (SHE: 000425) has introduced a product evaluation team comprising 50 product evaluators to enhance products with customers' feedback. This team has recently completed the first-round review of XCMG's la...
World First Aid Day 2020: XCMG Unveils Its First Emergency and Fire Rescue Vehicles
XUZHOU, China, Sept. 11, 2020 /PRNewswire/ -- XCMG(SZ:000425) has sent off four multi-function emergency and fire rescue vehicles to Golmud,Qinghai Province a week ago, the emergency response vehicles developed by XCMG Research Institute opens a new chapter for the commercial application of emerg...
XCMG Contributes Excavators to Flood Relief Initiatives across China
XUZHOU, China, Aug. 28, 2020 /PRNewswire/ -- The flood season this summer wreaked havoc acrossChina especially in the provinces of Sichuan, Qinghai, Gansu ,Yunnan, Jiangxi, Jiangsu and Hubei. In response, leading construction machinery manufacturer XCMG (SZ:000425) has been actively providing time...
XCMG Builder of Xcellence to Introduce New Course Module, Highlighting Field Practice and Emergency Handling
XUZHOU, China, Aug. 18, 2020 /PRNewswire/ -- In light of the impact of COVID-19 on long-distance travel, XCMG (SZ:000425) is rebranding the fifth season of its renowned Global Excellent Operator Program (the "Program") as XCMG Builder of Xcellence to integrate training resources and upgrade cours...
XCMG's Semiannual Report Shows 17 Percent Main Business Revenue Growth
XUZHOU, China, Aug. 17, 2020 /PRNewswire/ -- XCMG (SZ:000425) has achieved a sales revenue growth rate of 17 percent year-on-year, according to its semiannual report to release on late Aug. The report covers XCMG's overall performance in both domestic and international markets from January to Jun...
XCMG's Global Livestreaming Proves a Success as Third Event Turnover Reaches US$28 Million in Five Hours
XUZHOU, China, Aug. 14, 2020 /PR Newswire/ -- Leading Chinese construction machinery manufacturer XCMG (SZ:000425) is expected to deliver the first order totaling60 million yuan (US$8.6 million) placed during its third global livestreaming sales event toMiddle East region this weekend, the sets o...
XCMG Delivered Over One Hundred Units of Road and Excavating Equipment to US
LAS VEGAS, July 27, 2020 /PRNewswire/ -- Over one hundred units of road and
excavating equipment manufactured by XCMG (SZ:000425) has been successfully
received by XCMG US in the beginning of July. The equipment will serve in local
infrastructure and construction projects.
XCMG "Hanyun" Platform Named Top 3 Industrial Internet New Infrastructure Project
XUZHOU, China, July 16, 2020 /PRNewswire/ -- The "Hanyun" Industrial Internet Platform developed by XCMG (SZ:000425) has been named a top 3 industrial internet new infrastructure project in the "2020 Industrial Internet New Infrastructure Top 30 Pioneer List" (the "List") released onJune 29 by th...
Banco XCMG S.A., First Overseas Bank of Chinese Manufacturing Industry, Now Opens in Brazil
POUSO ALEGRE, Brazil, July 7, 2020 /PRNewswire/ -- Banco XCMG S.A., XCMG's (SHE:000425) first wholly-owned overseas bank, officially opened onJuly 1 in Pouso Alegre. It's the first overseas bank of the Chinese manufacturing industry and first China-Invested Enterprise Bank inBrazil. Wang Yansong...
XCMG Celebrates Partnership Achievements with Industry Partners on International Day of Cooperatives
XUZHOU, China, July 4, 2020 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE: 000425) is celebrating the 2020 International Day of Cooperatives onJuly 4 through a retrospective of its successful partnership achievements with top global industry partners over the past ...
XCMG Foundation Machinery Completes Challenging Public Transportation Work, Aiding Regional Economical and Industrial Development
SHANTOU, China, June 30, 2020 /PRNewswire/ -- Seven XCMG (SHE: 000425) XR550D rotary drilling rigs have successfully completed their service on the Niutianyang Bridge project as the last drilling pile of the north main pier was poured onMay 23. The mega public transportation project in Shantou, G...
XCMG Kicks Off 2020 China "Shovel Industry Heroes" Championship in Xi'an
XI'AN, China, June 29, 2020 /PR Newswire/ -- XCMG (SHE: 000425), the leading Chinese construction machinery manufacturer, has kicked off the 2020 "Shovel Industry Heroes" Championship (the "Championship") inXi'an, China to celebrate and support loader operators, while showcasing the strength of X...
XCMG Reveals Autonomous Road Roller
PANZHIHUA, China, June 10, 2020 /PRNewswire/ -- XCMG (SHE: 000425), the leading Chinese construction machinery manufacturer, revealed its autonomous Road Roller today following successful tests held at the end of May. XCMG jointly developed the autonomous road roller with the Sichuan Railway Inve...
XCMG's XZ13600 Makes Successful Debut in China-Russia 'East-route' Natural Gas Pipeline Project
CAOFEIDIAN, China, June 1, 2020 /PRNewswire/ -- XZ13600, the world's largest horizontal directional drill from XCMG, has made its debut assisting in the non-excavation construction of theChina-Russia east-route natural gas pipeline, a major project from the "Belt and Road" Initiative that began o...
XCMG's First Livestreaming of 2020 International Customer Festival Achieves Turnover of US$21 Million
XUZHOU, China, May 23, 2020 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE: 000425) has hosted an unprecedented livestreaming of the firstSoutheast Asia event as part of the 2020 International Customer Festival (the "Festival") onMay 20, which sold 400 sets of cons...
XCMG Jumps up to Global Top Four on KHL's Yellow Table 2020 Continuing to Lead Chinese OEM Firms
XUZHOU, China, May 20, 2020 /PRNewswire/ -- With revenue of USD 11.162 billion, XCMG (SHE: 000425) has moved up to 4th place in the ranking of the world's top 50 construction equipment manufacturer, according to the Yellow Table 2020 released by British publisher KHL Group. XCMG once again leads t...
XCMG Machineries Completes Several World-Record Level Construction Projects
* 4,000-ton XGC88000 Crawler Crane Lifts the Largest EO/EG Wash Tower in the World * 2,000-ton XGC28000 Hoisted Asia's Largest Single-caliber, Fully Mobile Antenn XUZHOU, China, May 15, 2020 /PRNewswire/ -- XGC88000, the 4,000-ton crawler crane of XCMG (SHE: 000425), has set a new world recor...
