XCMG Construction Machinery Co Ltd
SZSE:000425

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XCMG Construction Machinery Co Ltd Logo
XCMG Construction Machinery Co Ltd
SZSE:000425
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Price: 7.67 CNY -0.39%
Market Cap: 90.6B CNY
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XCMG Construction Machinery Co Ltd
Investor Relations

In the heart of China's booming industrial landscape, XCMG Construction Machinery Co., Ltd has cultivated a reputation as one of the world's leading heavy machinery manufacturers. Founded in 1943, this industrial titan blossomed in the post-reform era, adapting swiftly to market demands and technological advancements. XCMG has focused primarily on the production of a diversified range of construction equipment, including cranes, road rollers, loaders, and excavators. These machines have played a critical role in infrastructure projects, both domestically and internationally, facilitating new roads, bridges, and high-rises. The company capitalizes on its robust R&D facilities, ensuring its machinery not only meets but exceeds global standards in terms of efficiency and sustainability.

The business model of XCMG spins efficiently on the axis of innovation and global expansion. It makes money by not just selling machinery but also offering a suite of after-sales services, including maintenance, spare parts, and customer training programs. XCMG has extended its footprint into over 180 countries, building a solid distribution network that covers emerging markets in Asia, Africa, and Latin America. Leveraging competitive pricing, it captures a substantial market share against rivals. Furthermore, XCMG's strategic alliances and joint ventures have broadened its market reach, allowing for shared expertise and resources. By aligning with global trends, such as smart construction and greener technologies, XCMG continues to thrive while nurturing its long-held commitment to quality and excellence.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Chuan Lu
President
No Bio Available
Mr. Hongyu Yu
VP & CFO
No Bio Available
Mr. Guangsheng Fei
Secretary of the Board
No Bio Available
Mr. Zenghai Shan
Vice President
No Bio Available

Contacts

Address
JIANGSU
Xuzhou
No.26 Tuolanshan Road, Xuzhou Economic and Technological Development Zone
Contacts
+8651687565621
xgjx.xcmg.com