XCMG's First Overseas Bank, Banco XCMG S.A., Seeks New Opportunities in Industry-Finance Integration

BELO HORIZONTE, Brazil, Jan. 13, 2020 /PRNewswire/ -- XCMG (SZ: 000425), China's leading construction machinery manufacturer, is looking to build a new finance platform for Chinese and Brazilian companies as its first overseas bank, Banco XCMG S.A., sets to open in the first quarter of 2020 in Po...

2020-01-13 17:10 3903

XCMG Named in The World's 500 Most Influential Brands for the First Time

NEW YORK, Dec. 24, 2019 /PRNewswire/ -- The World Brand Lab has named China's leading construction equipment manufacturer XCMG (SHE: 000425) as one of the World's 500 Most Influential Brands for the first time.  XCMG Named in The World's 500 ...

2019-12-24 21:57 10238

XCMG Pouso Industrial Park in Brazil Becomes China's First Construction Machinery-oriented International Economic and Trade Zone

POUSO ALEGRE, Brazil, Nov. 29, 2019 /PRNewswire/ -- XCMG (SHE: 000425)'s Pouso Industrial Park (the "Park") inBrazil is to become the fourth provincial-level overseas economic and trade zone ofJiangsu Province. It is also the first one in China to give priority to the construction machinery indust...

2019-11-29 17:35 5617

Central Bank of Brazil (BCB) Approves XCMG's First Overseas Bank

POUSO ALEGRE, Brazil, Nov. 18, 2019 /PRNewswire/ -- Banco XCMG S.A., XCMG's (SHE:000425) first wholly-owned overseas bank, is set to open in six months in Pouso Alegre, following approval from the Central Bank ofBrazil (Banco Central do Brasil, BCB). Banco XCMG S.A. is the first overseas bank of ...

2019-11-18 17:43 2556

XCMG Signs Purchasing Orders Totaling USD 100 Million at CIIE 2019

SHANGHAI, Nov. 13, 2019 /PRNewswire/ -- Leading Chinese construction manufacturer XCMG (000425.SZ) walks away from the second China International Import Expo (CIIE), with purchasing orders ofUSD 100 million. XCMG Signs Purchasing Orders Total...

2019-11-13 15:34 4354

XCMG Heavy Machinery Named as a Benchmark in Intelligent Manufacturing

NANJING, China, Nov. 6, 2019 /PRNewswire/ -- XCMG Heavy Machinery Co., Ltd., (XCMG Heavy Machinery) a subsidiary of XCMG, became the only construction machinery manufacturer recognized in the 2019 Intelligent Manufacturing Benchmarks. The latest list was released during a press conference held at ...

2019-11-06 18:50 4650

XCMG Partners with Cummins to Create Innovative and Sustainable Industrial Platform

XUZHOU, China, Nov. 5, 2019 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE:000425) has signed a strategic cooperation agreement with Cummins, a global power leader that designs, manufactures and distributes engines, filtration and power generation products, onOctobe...

2019-11-05 18:33 2765

XCMG Delivers Largest Single Order to Argentina for a Record $6.5 Million

MINAS GERAIS, Brazil, Nov. 4, 2019 /PRNewswire/ -- China's leading construction machinery manufacturer XCMG has completed a record-breaking order of excavators, loaders, graders and crawling loaders for the C1 project inArgentina totallingUSD 6.5 million.

2019-11-04 19:31 2486

XCMG Apprentice Program Connects Young Visionaries on the "Journey to Creation"

XUZHOU, China, Oct. 30, 2019 /PRNewswire/ -- The "XCMG Apprentice Season 5: XCMG Creators" has invited five international apprentices to explore XCMG's intelligent manufacturing achievements and innovative technologies on an extensive tour fromOctober 21 to 25 at XCMG's headquarter in Xuzhou, Chi...

2019-10-30 17:24 3523

XCMG's 4,000-ton XGC88000 Completes First Overseas Assignment In Saudi Arabia

JUBAIL INDUSTRIAL CITY, Saudi Arabia, Oct. 28, 2019 /PRNewswire/ -- XGC88000, the world's largest crawler crane developed by XCMG (SHE:000425) with a record-breaking capacity of 4,000 tons, has made its successful debut inSaudi Arabia as it hoisted a 1,926-ton washing tower for the UNITE EOEG III...

2019-10-28 11:00 3528

XCMG continues on the path to success in Southeast Asia, highlighting upmarket mining equipment and celebrating shovel industry heroes in Indonesia

JAKARTA, Indonesia, Oct. 15, 2019 /PRNewswire/ -- XCMG, China's largest-scale and most competitive construction machinerysupplier, brought all-new mining machinery products to Mining Indonesia 2019, a premium trade fair of mining equipment and technologies inAsia.

2019-10-15 17:49 5294

XCMG Global Excellent Operator Program Supports Emerging Construction Machinery Industry Leaders

XUZHOU, China, Oct. 9, 2019 /PRNewswire/ -- XCMG hosted the 11th operator training class of the XCMG Global Excellent Operator Program (the "Program") to preparehigh-quality skilled talents for the ever-competitive construction machinery industry. A total of 77 trainees joined the opening ceremon...

2019-10-09 18:23 5943

XCMG and Rio Tinto Partner on New Mining and Heavy Mobile Equipment Ecosystem

XUZHOU, China, Sept. 17, 2019 /PRNewswire/ -- A delegation from the world-renowned mining company Rio Tinto recently visited XCMG (SHE: 000425) headquarters in Xuzhou,China to join a workshop on building ecological supply chains for the global mining and heavy mobile equipment industry. The Rio ...

2019-09-17 00:06 6552

XCMG Unveils Intelligent and Green Construction Machinery at BICES 2019

BEIJING, Sept. 11, 2019 /PRNewswire/ -- XCMG has unveiled a series of intelligent and environmentally friendly products at the 15th China Beijing International Construction Machinery, Building Material Machines and Mining Machines Exhibition & Seminar (BICES 2019) hosted fromSeptember 4-7 in Beij...

2019-09-11 17:07 6292

XCMG Takes 6th place in Global Top 50, Continues 20 Year Lead of China's Construction Machinery Industry

BEIJING, Sept. 10, 2019 /PRNewswire/ -- The T50 Summit of the World Construction Machinery Industry released the 2019 edition of the world's top 50 construction machinery manufacturers onSeptember 3 in Beijing, China, ranking XCMG 6th worldwide, continuing XCMG's lead as the highest-ranking Chine...

2019-09-10 17:10 6213

XCMG launches New Excavator Range in India

CHENNAI, India, Sept. 3, 2019 /PRNewswire/ -- XCMG released three new excavators last month inChennai, India. The XE80C, XE104I and XE125C models – designed specifically for the Indian market - will be able to deliver excellent performance in the high temperature, humid working environment.

2019-09-03 10:01 6368

XCMG Releases New Middle East Series Developed For The Desert

MUSCAT, Oman, Aug. 21, 2019 /PRNewswire/ -- XCMG, a leading Chinese construction manufacturer, has hosted a new product release ceremony inMuscat, Oman to introduce the new Middle East series, including cranes, truck cranes, crawler cranes, tower cranes and aerial work platforms. The ceremony ...

2019-08-21 13:38 2010

XCMG Further Supports BRI Infrastructure Construction

XUZHOU, China, Aug. 5, 2019 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (000425.SZ) reports the completion of renovation works to the concrete structure of the 40,000 seat 2022 FIFA World Cup Stadium inQatar. A total of 330 different types of XCMG equipment are cur...

2019-08-05 14:08 4246

XCMG Opens Spare Parts Center in Mongolia, Creating Complete Sale, Support and Repair Service in the Region

ULAANBAATAR, Mongolia, Aug. 2, 2019 /PRNewswire/ -- XCMG (000425.SZ) has officially opened the company's first Spare Parts Center in Ulaanbaatar,Mongolia , onJuly 23. The announcement is the final piece of XCMG's supply chain jigsaw in the region and will allow XCMG to provide all-around support a...

2019-08-02 13:01 7011

XCMG Tops China's Construction Machinery Export List in First Half of 2019

XUZHOU, China, Aug. 1, 2019 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG(Shenzhen: 000425) has achieved consecutive wins in export, ranking No.1 in the export chart of Chinese construction machinery brands in the first half of 2019. In June, the XCMG brand and its self...

2019-08-01 18:54 4903