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XCMG Top 10 News Events 2015
XCMG Top 10 News Events 2015
Release Date: February 20, 2016

I. Premier Li Keqiang praised XCMG Brazil. XCMG Brazil will be constructed into the model and benchmark for the internationalization of Chinese companies. Schwing ceased to lose and began to make profit.





On May 20, when Premier Li Keqiang visited China's Equipment Manufacturing Industry Expo XCMG Booth during his visit to Brazil, he happily said, “XCMG did a good job in Brazil, and it should strive for better.” On November 15, Wang Min, Chairman of the Board of Directors said in Brazil that XCMG Brazil will be constructed into the model and benchmark for the internationalization of Chinese companies. In 2015, in the overall downturn in the Brazilian market where sales of competitors continued to decline, XCMG Brazil sales bucked the trend, achieving an increase of 8%. It has become the most locally recognized Chinese equipment manufacturing enterprise. Schwing, a Germany company acquired by XCMG, began to make profit in 2015 after two years’ loss.

II. XCMG’s brand value reached 39.279 billion Yuan, leading the industry. XCMG ranked first in China in Global Construction Machinery Rankings released by the British KHL.





On June 16, the 12th World Brand Summit released the China’s 500 Most Valuable Brands, and XCMG continued to lead the industry with a brand value of 39.279 billion Yuan, significantly increasing by 10.543 billion than that in 2014. In February, British KHL group, the world's leading construction machinery information provider, released the 2014 World Top 50 Engineering Machinery Manufacturers, and XCMG ranked 8th in the world and 1st in China. On September 21, Global Construction Machinery Industry Conference and Top 50 Powers Summit released the Top 50 Global Engineering Machinery Manufacturers. XCMG continued to lead the market, and Wang Min, Chairman of the Board of Directors was awarded the "Most Influential Industry Leader in China’s Construction Machinery Industry".

III. XCMG’s Key Technology and Application of Mobile Complete Lifting Equipment for Large Scale Construction Project won National Prize for Progress in Science and Technology.





On December 16, the State Council issued the National Award for Natural Sciences, State Technological Invention Award, National Prize for Progress in Science and Technology and International Scientific and Technological Cooperation Award. XCMG’s Key Technology and Application of Mobile Complete Lifting Equipment for Large Scale Construction Project won the 2nd prize of 2015 National Prize for Progress in Science and Technology, which is the only prize in engineering machinery industry.

IV. XCMG awarded the 1st Chairman Quality Award and Chairman Green Innovation Award.



On December 12, in the 2015 XCMG Quality Work Commendation Conference themed with "innovation driven, quality first", 150 excellent staffs were awarded the first XCMG Chairman Quality Award, including 10 Quality Excellence Award and 48 projects were awarded the first Chairman Green Innovation Award, making quality culture that “let the pursuit of excellence become our habit” take root gradually.

V. Diplomatic envoys from 18 countries attended the launching ceremony of XCMG “One Belt and One Road” Overseas Service Activity



On May 29, diplomatic envoys and commercial counselors from 18 countries along “One Belt and One Road” gathered in XCMG to participate in the launching ceremony of XCMG “One Belt and One Road” Overseas Service Activity themed with “New Silk Road, New Service”, which is the first large-scale industrial service activity among relevant countries. At present, XCMG has established a sound network layout in 65 countries involving R&D centers, joint venture factories, sales offices and distributors. In August 18, XCMG successfully held "One Belt and One Road" construction project cooperation seminar in Beijing.

VI. XCMG’s National Key Laboratory for High-end Construction Machinery Intelligent Manufacturing was approved. XCMG Industrial Design Center was lifted to national level.



On October 15, XCMG’s National Key Laboratory for High-end Construction Machinery Intelligent Manufacturing  was approved by the Ministry of Science and Technology, which made XCMG the only selected engineering machinery enterprise. In December, XCMG Industrial Design Center was identified as the only national industrial design center by the Ministry of Industry and Information Technology. On November 5, in the China Innovative Design Conference held by the Chinese Academy of Engineering, XCMG’s all-terrain crane was named “2015 China Good Design", the only award-winning product in the industry.

VII. XCMG Heavy Truck Xuzhou Base was put into operation. HANVAN Heavy Truck made its debut. XCMG Automobile bucked the market.



On March 18, XCMG Heavy Truck Xuzhou Base, located in Xuzhou National High-tech Industrial Development Zone, was put into production. HANVAN Heavy Truck, a high-end product developed for three years, made its debut and created a new era in automobile manufacturing in Xuzhou, the capital of engineering machinery. In the situation that the heavy truck industry as a whole fell nearly 30 percent, XCMG automobile bucked the market. Its tow tractor headed into the top 10, becoming the highlight in the industrial downturn.

VIII. XCMG made progresses in new types of business and service manufacturing. Investment, finance, and information technology companies achieved high quality and high efficiency development.



Facing the unprecedented stock crisis, XCMG Investment Company secured the funds. XCMG Information Technology Company rapidly expanded the external market and completed the diversified stock reform. Both companies have achieved exponential profit growth. XCMG Finance Company increased the capital intensive benefit, and was for the first time rated the highest comprehensive A-class enterprises among the national finance companies.

XI. XCMG was awarded Green China Enterprise Social Responsibility Achievement Award and Green China Environmental Protection Achievement Award.



On January 12, with outstanding contribution to public welfare undertakings, XCMG won the top prize at the 4th Chinese Public Welfare Festival, namely, "Collective Public Welfare Award". On December 1, in the 2015 Green China International Forum, XCMG won the 2015 Green China Enterprise Social Responsibility Achievement Award. After the Tianjin “8.12” major explosion accident, Chile “9.17” 8.3 magnitude earthquake, Shenzhen “12.20” landslide accident, XCMG without any hesitation organized equipment and staffs rushing to rescue. On December, its employees donated more than 1.38 million Yuan, ranking the first in Xuzhou for 14 consecutive years.

X. XCMG established military division, promoting the civil and military integration.



On August 27, XCMG Military Division was established. XCMG has signed a strategic cooperation agreement on civil and military integration with a PLA unit, and begin to implement the specific work plan. In 2015, the sales of military construction machinery reached 1 billion Yuan, an increase of 2.1 times than that of last year, becoming a major highlight of the business transformation.


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