XCMG Construction Machinery Co., Ltd.

XCMG Construction Machinery Co., Ltd. is a prominent Chinese manufacturer specializing in construction machinery. Established in 1996 and listed on the Shenzhen Stock Exchange, the company operates within the special machinery manufacturing sector. XCMG is recognized for its extensive range of products and solutions tailored to meet the needs of various industries, including infrastructure, mining, and real estate. The company is a leader in research and development, driving innovation and setting industry standards in China. XCMG's product portfolio encompasses over 1,000 items across eight categories, including crane machinery, earth moving machinery, and road machinery, among others. The company employs a dual sales model, utilizing both direct and dealer sales strategies, and offers various payment options to accommodate its clients. With a strong global sales network, XCMG is one of China's largest exporters of construction machinery, benefiting from high market share and technological advancements that position it favorably in the competitive landscape.

(I) Management On average, each member of the management has more than 30-year experience in the industry. They have deep insight and far reaching vision of the industry, as well as excellent management and execution abilities.After several rounds of industry cycles, management layer has a deep understanding of the requirements of China and global construction machinery market and customer. (II) Brand XCMG is one of the most influential construction machinery brands in China, featuring time honored credibility. XCMG enjoys extensive brand recognition in domestic and overseas markets. XCMG’s brand value ranks No.1 in the industry for years. (III) Products XCMG owns more than 1,000 products and provides complete set of solutions for clients, which makes us less vulnerable to the fluctuations in the industry. The company has professional machine manufacturing systems and is able to develop and manufacture core parts and components. The product portfolio covers more than 80 types of products in eight categories. Besides, XCMG’s products have high technological contents, high entry barriers and high market share. Most of our products include multiple series to meet the demands of diverse clients. (IV) R&D XCMG’s technological competency leads the industry. XCMG relies on 2 state-level research and development platforms, 4 provincial engineering and technology research centers, 5 provincial enterprise technology centers, 1 provincial manufacturing innovation centers, National enterprise postdoctoral program and academician workstation and so on. We insist on innovation driven development and create world-class innovation system. Since 2010, XCMG has obtained three second prizes of National Award for Progress in Science and Technology. Moreover, we has authorized 4493 patents, including 1046 invention patents.